An Upward movement for DOGE...
hello guys...
dogecoin breaks out of the descending channel via a sharp candle!
of course, the next resistance is near and in another scenario, it could make a correction but not here! but why? I think it is because of the sharp movement!
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in the weekly time frame, doge has made a pin bar in the pink area (you can check it)
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there are two areas for a long position that I show as green areas:
one of them has been formed on the candle gap
and the other one is because of ascending trendline and the meaning of pivot!
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the target for this position is in the pink area which is coincident with the target of the breaking channel!
________________________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
dogecoin breaks out of the descending channel via a sharp candle!
of course, the next resistance is near and in another scenario, it could make a correction but not here! but why? I think it is because of the sharp movement!
_________________________________________
in the weekly time frame, doge has made a pin bar in the pink area (you can check it)
_________________________________________
there are two areas for a long position that I show as green areas:
one of them has been formed on the candle gap
and the other one is because of ascending trendline and the meaning of pivot!
________________________________________
the target for this position is in the pink area which is coincident with the target of the breaking channel!
________________________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Transaction en cours
👉 my broker:: bit.ly/HYMCMELI
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
👉 my broker:: bit.ly/HYMCMELI
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.