Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
DOGE has been overall bearish trading inside the falling wedge pattern in blue and it is currently approaching the lower bound / blue trendline.
Moreover, the zone 0.055 - 0.06 is a strong support.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
As per my trading style:
As DOGE approaches the lower blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich