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Spikecaptial
Nov 29, 2022 11:06 PM

Doge Bullish Cup and Handle, High .10s-.11s possible. 

DOGEUSDTPERP PERPETUAL MIX CONTRACTBitget

Description

Hi Tradingview,
BINANCE:DOGEUSDT
Doge has formed a BULLISH Cup and Handle pattern as we can see. For those unfamiliar with the pattern we can see that the purple highlighted
area makes a cup shape, and the red and blue highlighted area makes up a handle. We can also see a double bottom at the .382 Fibonacci line
I have drawn out support lines in red, and resistance lines in green, also the red box is also a resistance just to clear up any confusion.
I am looking to enter this trade around .1000-.1015 with a stop loss below .098
My take profits are as follows:
TP1: .104786
After this, I will take profit at .10787
Then I will let the rest run

Comment

Broke handle, trying to hold
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