Hello dear traders
In Dogecoin currency, the price has reached the resistance range due to being in a downward trend after its price correction.
This resistance zone can decrease the price due to the presence of necessary liquidity.
The loss limit should be above the dotted line indicated on the chart, and for the entry point in the resistance zone, enter...
Dogecoin is starting to show signs of converting to a trading range after a strong bull run. We have a potential double top reversal pattern playing out after three good pushes to the upside. Does that mean we're heading down?
How do we trade this? 🤔
Three pushes up, potential double top reversal pattern, RSI at 62.00 and below the Moving Average, these are the...
Trading Setup:
A Trading Signal is seen in the DOGEUSDT Dogecoin .
Traders can open their Sell Trades NOW
⬇️Sell now or sell on 0.06056
⭕️SL @ 0.06226
🔵TP1 @ 0.05607
🔵TP2 @ 0.05185
🔵TP3 @ 0.04490
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked...
I don't know about you guys, but this doesn't look like it is going to end well. If failure to hold this support, this could be the top of DOGE as of now. Momentum dropping, bearish divergence and rejection from top trend line. Another important observation to take note on is the fact that it is making the same pattern at same trend line it did before our last correction.
