ANALYSIS 🔎
- DOGEUSDT was bounded in the descending channel.
- Price brokeout above descending channel resistance.
- Price action is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
- DOGEUSDT was bounded in the descending channel.
- Price brokeout above descending channel resistance.
- Price action is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.