DOGE: Bulls Charging! Breakout Potential Looms
💎DOGE has broken out of a resistive trendline and formed a W pattern on the support zone, while its price also shows a Change of Character (CHoCH) towards a bullish structure. This suggests a potential bullish move after a pullback or the breakout of the previous high (1st resistance level).
💎If DOGEUSDT breaks above the first resistance area, it will be considered a Break of Structure (BOS), confirming the bullish structure, and we can anticipate further movement towards the bullish side.
💎In the event of a pullback, we can anticipate a bounce from the support level, which also coincides with a bullish Order Block (OB).
💎However, if the price breaks below the support level, it would be advisable to refrain from trading DOGE and wait for the market structure to provide clearer signals.
💎If DOGEUSDT breaks above the first resistance area, it will be considered a Break of Structure (BOS), confirming the bullish structure, and we can anticipate further movement towards the bullish side.
💎In the event of a pullback, we can anticipate a bounce from the support level, which also coincides with a bullish Order Block (OB).
💎However, if the price breaks below the support level, it would be advisable to refrain from trading DOGE and wait for the market structure to provide clearer signals.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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.