DOGEUSDT is testing its historical 4-hour trendline, which suggests that the price may experience a significant price movement in the near future.
Furthermore, the price action is creating an inverse head and shoulders pattern, a bullish reversal pattern that occurs after a downtrend. This pattern is forming below the supply zone, which is a resistance area that has previously prevented the price from moving higher.
According to Plancton's strategy, we can set a nice order ––––– Keep in mind.
What do you mean with the little comment box “wait for the breakout”? Do you mean wait for the breakout of the channel drawn or wait for the breakout of the resistance zone and then retest the zone for entry? I’m confused by this it’s not really clear the strategy
InkyGrip
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@mikeyswaggle, we consider a position only when the Plancton's strategy triggers