Alikze »» Doge | Bullish Flag
🔍 Technical analysis: Horizontal Flag
- According to the presented analysis, after growing up to the supply zone and not failing, the zone faced correction.
- Currently, it is moving in a descending channel at the time of 8H.
- In the recent correction, after creating demand in the bottom area of the channel, it is moving sideways in the middle of the channel.
- A bullish sideways flag pattern is now formed.
- According to the volumes created in the middle of the channel, it can continue its growth up to the ceiling of the descending channel.
💎Alternative scenario: In addition, if the Fibo 100 zone breaks again, it can continue the correction until the origin of the movement.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
DOGEUSDT
- According to the presented analysis, after growing up to the supply zone and not failing, the zone faced correction.
- Currently, it is moving in a descending channel at the time of 8H.
- In the recent correction, after creating demand in the bottom area of the channel, it is moving sideways in the middle of the channel.
- A bullish sideways flag pattern is now formed.
- According to the volumes created in the middle of the channel, it can continue its growth up to the ceiling of the descending channel.
💎Alternative scenario: In addition, if the Fibo 100 zone breaks again, it can continue the correction until the origin of the movement.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
DOGEUSDT Note
According to the analysis presented in the 8H time frame, after a consolidation in the area and the formation of a flat flag, it has grown by more than 18% to the supply area.
Related publications
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.