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!
_________________________________________
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
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
交易开始
👉👉👉 my recommended broker: bit.ly/melika-HYCM
offer 100% bonus (the maximum is 100$)
----------
👉👉👉 my recommended exchange:
bingx.com/invite/2DJQDG
________
🚀🚀My telegram channel:
🥇 t.me/melikatrader94
offer 100% bonus (the maximum is 100$)
----------
👉👉👉 my recommended exchange:
bingx.com/invite/2DJQDG
________
🚀🚀My telegram channel:
🥇 t.me/melikatrader94
