Here's a quick look at the 30 min DOGE chart. Following a significant upward movement, the price has entered a phase of consolidation, resulting in the formation of a large bull pennant. A bull pennant is a bullish continuation pattern that typically has a 70% chance of breaking to the upside. Should this bull pennant be breached, it would suggest a continuation of the bullish trend, and as such, it is advisable to monitor this development closely. ------------------------------------------- The idea is: Buy when the price breaks above 0.1022$ and take profits at the levels shown in the chart.
Targets:
1. 0.1033$ 2. 0.1048$ 3. 0.1100$ ------------------------------------------- With regards to Altcoins: -------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!