Ðogecoin 1D possible breakout scenario of 2-month pattern $DOGE
sometimes I say, a chart says more than a thousand words, wouldn't you agree?
I currently favour a break to the upside with a retest of this 2-month symmetrical triangle based on the MACD turning bullish and the MA's being in a good position. We have about a week before the triangles reaches it's apex so I might publish an update rather soon.
However If a breakdown occurs, I will trade it as it happens.
A move higher can easily be north of +100%, as for a breakdown a severe dump would follow to a maximum target of $0.022 (much doom scenario).
I currently favour a break to the upside with a retest of this 2-month symmetrical triangle based on the MACD turning bullish and the MA's being in a good position. We have about a week before the triangles reaches it's apex so I might publish an update rather soon.
However If a breakdown occurs, I will trade it as it happens.
A move higher can easily be north of +100%, as for a breakdown a severe dump would follow to a maximum target of $0.022 (much doom scenario).
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.