I have never been a big fan of BINGX:DOGEUSDT but you cannot deny this clear as day pattern. Too many signs are there to try and profit from this massive bull flag. I will list some of the signs below.
1. We have a massive descending wedge and due to the previous massive push to the upside before this consolidation we can see this as a bull flag continuation pattern
2. the measured move if this pattern plays puts dogecoin at just below $1 which is a massive psychological level and will most properly experience some sell-off pushing the price down. This checks out as well.
3. Dogecoin has support but yet it has been consolidating for so long it has to make a decision soon
all in all, as much as I don't like dogecoin I cannot ignore the fact that this could potentially be a massive trade with 90 to 100 per cent potential profits if played correctly with the proper risk management techniques in place.
I will provide updates as dogecoin moves
kind regards,
LarryTheKinggggg
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we have a clean break if we close above resistance I will be looking for buy opportunities
Trade active
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retesting upper bounds of the flag, good buying opportunity now.
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looking good sometimes switching to the line chart gets rid of a lot of noice and is beneficial