PetrockFxTrading

šŸ’„DOGE TO RISE BY 45% TO $0.42 & FALL BY 35% TO $0.29

Long
PetrockFxTrading Updated   
BINANCE:DOGEUSDT   Dogecoin / TetherUS
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Buy level - $0.28 - $0.31

Stop loss - $0.242

Take profit 1 - $0.40

Take profit 2 - $0.42

Right here is possible inverse head & shoulder pattern with a confirmation to go long by 45% to $0.40 - $0.42.

The left shoulder has completed it's formation. The head is in play.

Therefore, once price hit the neckline at $0.421 - $0.45 and it fails to break it, then I expect a fall by 35% to $0.29 to complete the right shoulder.

What do you think?

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