The memecoin prints a falling wedge
Hello traders!!
That is my new idea :
Doge is looking bullish mid term target 0.21
I will consider to enter a long position here in DOGEUSDT due to this reasons:
-Falling wedge patter with upper line already broken
-Price situated over a medium support and congestion area that was broken with the BTC drop and reclaimed
-Descending volume
Procedure:
Entry now with stop loss below the last wick a 0.1359
Targets 0.1570 | 0.1770 | 0.212
Setup cancelled if daily close under the blue box and BTC losses 40500 support.
I will be glad to see what do you think in the comments.
I express only my opinion, do always your own research.
No financial advice.
That is my new idea :
Doge is looking bullish mid term target 0.21
I will consider to enter a long position here in DOGEUSDT due to this reasons:
-Falling wedge patter with upper line already broken
-Price situated over a medium support and congestion area that was broken with the BTC drop and reclaimed
-Descending volume
Procedure:
Entry now with stop loss below the last wick a 0.1359
Targets 0.1570 | 0.1770 | 0.212
Setup cancelled if daily close under the blue box and BTC losses 40500 support.
I will be glad to see what do you think in the comments.
I express only my opinion, do always your own research.
No financial advice.
Comment:
Doge taking off, at 0.150 moving stop loss to entry