Possible long set up here, friends. Doge has been forming a bull flag ever since reaching all time highs of around forty five cents. The parabolic curve has supported us now and may bring us up to break out of the bull flag. We do have two areas of VPVR resistance to watch out for as marked on the graph. One at about twenty eight cents and the biggest VPVR support/resistance is in perfect confluence with the top resistance of the bull flag at .35. If we get a nice break above .35 , with volume coming in , a retest of the .35 resistance flipped to support , I would expect to see doge rise to the bull flag price target of .67.
Be a sophisticated trader and wait for all the confirmations before longing .
Break out of .35
Retest of .35
Volume on the break out
Use low leverage with DOGE
Never risk more than %5 of your portfolio on leveraged trades
Take profits before the price target and stop loss below the parabolic curve .
Be safe out there boys and girls
Be a sophisticated trader and wait for all the confirmations before longing .
Break out of .35
Retest of .35
Volume on the break out
Use low leverage with DOGE
Never risk more than %5 of your portfolio on leveraged trades
Take profits before the price target and stop loss below the parabolic curve .
Be safe out there boys and girls