▫️DOGE took support at 0.24-0.26 price ranges and forming a descending triangle pattern.
✅ You can add positions if the trendline breaks with high volume.
✅ Book profits partially for every 10% increases on doge.
✅ If the support breakdown then wait for next opportunity.
✅ If you're beginner it's better to stay away from Doge.
Note: A descending triangle can be either bearish or bullish. Traditionally, a regular descending triangle pattern is considered to be a bearish chart pattern. However, a descending triangle pattern can also be bullish. In this instance it is known as a reversal pattern.
✅ You can add positions if the trendline breaks with high volume.
✅ Book profits partially for every 10% increases on doge.
✅ If the support breakdown then wait for next opportunity.
✅ If you're beginner it's better to stay away from Doge.
Note: A descending triangle can be either bearish or bullish. Traditionally, a regular descending triangle pattern is considered to be a bearish chart pattern. However, a descending triangle pattern can also be bullish. In this instance it is known as a reversal pattern.
Note
#Dogecoin 🚀 30%🚀book profits....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.