DOGEUSDT (DOGECOIN) - POTENTIAL BUY ENTRY Long

Dogecoin / TetherUSBinance

Description

⋅ Mar 6, 2021 7:10 PM

ANALYSIS 🔎
- DOGEUSDT was bounded in the descending channel.
- Price brokeout above descending channel resistance.
- Price action is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.

TARGETS 🎯
- Horizontal resistance level (R1).

SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.

Comments

AlkalineFX

⋅ Mar 7, 2021 9:33 AM

This is so clean

Chibuike_Odoh

⋅ Mar 7, 2021 11:37 AM

@AlkalineFX 👍