DOGS / TetherUSLong
DOGS (#DOGSUSDT): Bullish Accumulation: & 30% Profit Target
Here's a brief update on ⚠️DOGS:
Since my last analysis on DOGS, the market has formed a clear bullish pattern known as the ascending triangle on the daily chart.
This pattern indicates a bullish accumulation phase and suggests a strong possibility of a subsequent upward movement.
To confirm our approach, we will wait for a bullish breakout above the triangle's resistance level, along with a daily candle closing above it.
This could set the stage for a potential rise to 0.00099 and then to 0.001.
On the other hand, if we see a bearish breakout of the triangle's trend line, it could signal a significant downward move.
Since my last analysis on DOGS, the market has formed a clear bullish pattern known as the ascending triangle on the daily chart.
This pattern indicates a bullish accumulation phase and suggests a strong possibility of a subsequent upward movement.
To confirm our approach, we will wait for a bullish breakout above the triangle's resistance level, along with a daily candle closing above it.
This could set the stage for a potential rise to 0.00099 and then to 0.001.
On the other hand, if we see a bearish breakout of the triangle's trend line, it could signal a significant downward move.
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Disclaimer
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.