An Upward movement for DOGE...

hello guys...

dogecoin breaks out of the descending channel via a sharp candle!
of course, the next resistance is near and in another scenario, it could make a correction but not here! but why? I think it is because of the sharp movement!

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in the weekly time frame, doge has made a pin bar in the pink area (you can check it)

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there are two areas for a long position that I show as green areas:
one of them has been formed on the candle gap
and the other one is because of ascending trendline and the meaning of pivot!

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the target for this position is in the pink area which is coincident with the target of the breaking channel!

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always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment

Zlecenie aktywne