DOGE - It is a Matter of Time ⏱

OKX:DOGEUSDT   Dogecoin/Tether
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

DOGE has been overall bearish
trading inside the falling wedge pattern in blue and it is currently approaching the lower bound / blue trendline.

Moreover, the zone 0.055 - 0.06 is a strong support.

🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.

As per my trading style:
As DOGE approaches the lower blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!

This analysis is done using RichTL

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