DOGEUSD - A Healthy 30% Long Trade Even when Near Pinch Point
Similar to most (but not all!) cryptos out there currently, there's a long descending trend line which started forming around May 2021 and seems to have been keeping a limit of most cryptos ever since. DOGE is no different, it has recently tested this trend line and been rejected but seems to have been forming a smaller parallel channel of it's own...
This in conjunction with a Buy signal from Crypto Tipster v2 leads us to beleive that DOGE will likely stay within BOTH areas for the time, possibly heading up to the upper edges of these current trending channels - taking the price up a rather huge 30% from it's current place!
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This in conjunction with a Buy signal from Crypto Tipster v2 leads us to beleive that DOGE will likely stay within BOTH areas for the time, possibly heading up to the upper edges of these current trending channels - taking the price up a rather huge 30% from it's current place!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
ملاحظة
No real movement just yet - we seem to be forming a smaller symmetrical triangle inside the larger one illustrated.
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.