TradingView
MBM_Crypto
Oct 2, 2021 12:16 AM

Will DOGE break out this Uptober?! Long

Dogecoin / TetherUSBinance

Description

Here's a quick look at DOGE daily chart . As we can see, the price has been forming a bigger descending triangle and is currently at the apex of the triangle! Definitely one to keep an eye on. October is believed to be bullish according to S2F model and historically!
The best entry would be, when the price breaks above the descending triangle with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the descending triangle and take profits at the levels shown in the chart.

Targets:

- Profits can be taken in the resistance zone .
1. 0.374$
2. 0.44$
3. 0.52$
4. 0.739$
-------------------------------------------
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 fall as well. Trade safe!
More