Hi friends! Dogecoin consolidationg in the narrow range. This means that the price is compressed, but it is on the decompression you can make the most money. We have to not miss this decompression. In this idea, I will tell you how to catch a powerful movement and make money on the rise.
Now the price of DOGE below the 2 HUGE value areas which are resistance for the price. The big players continue to collect the liquidity close to the local lows and it`s good for upcoming movements!
📊 Preconditions to open long: 🔥 false breakout of the wedge 🔥 volume growth which confirms the pressence of buyer 🔥 DOM and Footrpint scalping tools help you to find the bottom and reversal point for the DOGE. Huge orders on the DOM usually help me to set short sl and get the best RR (risk to reward) 🔥 bullish BTC force the altcoins to grow and reach all targets
The most important value area is $0.06-0.065. The bottom of this area become the resistance for the price and if the bulls have no power to break it, the price continue to fall.
🚩 If you open a long at the false breakout of the wedge, i recommend you to pay attention to this area. Maybe, it`s worth to book 50% of profit.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.