DOGS / TetherUSLong
#DOGS 1D. Symmetrical Triangle – Key Levels Inside! 11/28/24
Over the past week, I noticed that trading volumes for this token on Binance have risen to levels comparable to many popular tokens, both on futures and spot markets.
Currently, the price has formed a symmetrical triangle pattern on increasing volume, bouncing off the support level. This could indicate potential for further growth.
I plan to take profit on both spot and futures positions in the $0.010 - $0.012 range, as I don’t see value in holding beyond that. Setup is shown on the chart.
DYOR.
Currently, the price has formed a symmetrical triangle pattern on increasing volume, bouncing off the support level. This could indicate potential for further growth.
I plan to take profit on both spot and futures positions in the $0.010 - $0.012 range, as I don’t see value in holding beyond that. Setup is shown on the chart.
DYOR.
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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.
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.