Doge looking good on the daily.
Weak bullish trend at the moment with possible bottom pattern forming. At resistance now. A strong rejection here is a clear exit signal.
Some traders will say its a "Cup and Handle" pattern, but the volume profile does not match that pattern. And that is more typically a continuation pattern than a reversal pattern.
Daily close above Resistance (red dashed) is a good entry signal. Already in a partial position and will add to it on successful close above and retest of breakout (if one occurs).
Doge has made successively higher lows all year, and may have just made a new one, short term at least.
Weak bullish trend at the moment with possible bottom pattern forming. At resistance now. A strong rejection here is a clear exit signal.
Some traders will say its a "Cup and Handle" pattern, but the volume profile does not match that pattern. And that is more typically a continuation pattern than a reversal pattern.
Daily close above Resistance (red dashed) is a good entry signal. Already in a partial position and will add to it on successful close above and retest of breakout (if one occurs).
Doge has made successively higher lows all year, and may have just made a new one, short term at least.
Catatan
Doge still un-ironically looking like one of the best trades. I added on the volume breakout above resistance and will add on a retest if we get one.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.