Sheezeysignals

Flag formation and correction breakout

Panjang
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Hi everyone. Similar to my TRXUSDT analysis DOGEUSDT has formed the same pattern

There was a previous bearish impulse followed by a correction. The correction then formed falling wedge. This shows a reversal in the trend and we know the market has been bearish. But now it has started to reverse.

Now a breakout occured (an impulsive breakout) from the correction which I have been waiting for, and followed a small correction.
I'll be entering the trade when there's a breakout from that small correction.

If you like my analysis don't forget to like and follow. Thank you
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.