Hello traders, Let’s look at the DOGEUSDT 2HR Chart and discuss this bullish setup.
Use the Fixed Range Volume Profile tool to find the price level for the time period with the highest traded volume. (Point of Control or POC)
Price trading above the moving averages after a micro double bottom bounce. Bulls want to see:
moving averages hold as support
Price reclaim the POC
A breakout of the previous high of 0.1580
This post is just a trend analysis. Do not take this as financial advice.
Questions are welcome in the comments below. Please support this idea with your 👍 and comment, thank you 🙏
Use the Fixed Range Volume Profile tool to find the price level for the time period with the highest traded volume. (Point of Control or POC)
Price trading above the moving averages after a micro double bottom bounce. Bulls want to see:
moving averages hold as support
Price reclaim the POC
A breakout of the previous high of 0.1580
This post is just a trend analysis. Do not take this as financial advice.
Questions are welcome in the comments below. Please support this idea with your 👍 and comment, thank you 🙏