Hey all,
DogeBtC now is situated into a bullish pennant which can lead Doge for a massive breakout.This is a powerfull continuation pattern.You can entry on this trade ONLY after a succesfully breakout from this channel and a succesfully RETEST of the upper line.
The possible target is 1180 sats and 1600
Personally i will not enter in this trade because in my opinion Doge it s too overvalued and the BTC dominance when will increase doge will plummet hard
After a succesfully breakout i will short this coin ,keep your eyes on this coin.
If the breakout and retest will happen ,this coin will take the first target
Tehnically:
-The pennant is a bullish pattern
-Macd sell volume slowing down which is a bull signal
-stochastic bullish
-rsi situated into a falling wedge which is bullish
Bear signal
-BTCUSD Long positions it s too high(check my previous TA on BTC)
-BTC dominance RsI on weekly too low
Personal strategy:I m waiting the breakout and after i will short doge
DogeBtC now is situated into a bullish pennant which can lead Doge for a massive breakout.This is a powerfull continuation pattern.You can entry on this trade ONLY after a succesfully breakout from this channel and a succesfully RETEST of the upper line.
The possible target is 1180 sats and 1600
Personally i will not enter in this trade because in my opinion Doge it s too overvalued and the BTC dominance when will increase doge will plummet hard
After a succesfully breakout i will short this coin ,keep your eyes on this coin.
If the breakout and retest will happen ,this coin will take the first target
Tehnically:
-The pennant is a bullish pattern
-Macd sell volume slowing down which is a bull signal
-stochastic bullish
-rsi situated into a falling wedge which is bullish
Bear signal
-BTCUSD Long positions it s too high(check my previous TA on BTC)
-BTC dominance RsI on weekly too low
Personal strategy:I m waiting the breakout and after i will short doge
Dagangan aktif
First target hit. Still wait for a short entry. Be patient
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.