I'm not going to surprise anyone by saying that
DOGEUSD is a highly speculative asset with little to no fundamental backing. However, from a technical standpoint, it’s offering a very interesting opportunity.
A few years ago, DOGE formed a double bottom pattern that, after a long struggle, finally reached its target, delivering spectacular returns. Right now, the price is trading around the breakout level of that same pattern and is also sitting right on the red trendline support.
This setup presents a chance to buy in a zone with strong rebound potential, a tight stop loss, and a risk‑to‑reward ratio that could easily be 10 to 1.
Taking on that risk seems worthwhile given DOGE’s massive upside potential, especially with memecoin season likely around the corner, as Bitcoin’s post‑halving rally looks set to wind down later this summer.
A few years ago, DOGE formed a double bottom pattern that, after a long struggle, finally reached its target, delivering spectacular returns. Right now, the price is trading around the breakout level of that same pattern and is also sitting right on the red trendline support.
This setup presents a chance to buy in a zone with strong rebound potential, a tight stop loss, and a risk‑to‑reward ratio that could easily be 10 to 1.
Taking on that risk seems worthwhile given DOGE’s massive upside potential, especially with memecoin season likely around the corner, as Bitcoin’s post‑halving rally looks set to wind down later this summer.
تم فتح الصفقة
Here we go! This is an exciting moment for DOGE, it’s time to see if we soar or plummet ;)Read the comment to understand the "risk free" idea on DOGE.
Enjoy!
أغلقت الصفقة: تم الوصول للهدف
Even though DOGE can be a great asset in the altcoin season, I sold at previous high doing +52% profit in few days. Now is time to look for further opportunities.⚡ Trading is not about luck or patience. Is about skills and knowledge. ⚡
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
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.
⚡ Trading is not about luck or patience. Is about skills and knowledge. ⚡
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
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.
