mkerner861

DOGE bull flag

Long
BITTREX:DOGEUSD   Dogecoin
DOGE bull flag still in play, now forming an ascending triangle inside the bull flag. Neckline of the triangle is also the neckline of a bullish W pattern. If the ascending triangle breaks upside It has a price target confluence with the top of the bull flag. Confluence of resistance at .29 (VPVR and top of bull flag)

Wait for .29 to break and have a solid retest, with good buying volume on the break out, before going long . Stop loss under the bull flag neckline a bit to prevent a retest wick stopping you out

Don’t long if it doesn’t break out with volume
Don’t leverage bet more than %5 of your portfolio
Take profits early (bull flag price target .65)
Stay safe out there
🐼
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