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Exactus
Feb 6, 2023 4:38 PM

DOGECOIN's perfect entry point?! Clear pattern 06.02.2023 Long

Dogecoin / TetherUSBinance

Description

WOW!
Very clear parallels highs and lows ascending tunnel pattern appears on chart.
Buy entry around current rate 0.092 could be an easy ~10% catch to the peak of the tunnel at 0.107.
Stop loss below the tunnel floor at around 0.0877 to be safe for false break could be a great immediate trade with much lower risk than potential reward.

Good luck

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Always do your own research and practice caution when trading leveraged products!
I appreciate any comment, question or interaction :) Thank you!
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Trade active

Right around support of tunnel!
Very exciting to see what would happen next.

Trade closed: stop reached

Tunnel broke down below 0.0877 and the trade is no longer relevant
Comments
behdark
It was a valuable idea,thanks
InvestingScope
Great view, thanks for sharing.
Neon_Capital
Almost perfect entry, I think 0.104 is upon us.
KlejdiCuni
Considering the market conditions your forecast should work very well. Great job
Exactus
@KlejdiCuni Thanks 🙏🏻
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