This is a tripple top or “Big M” Pattern
Below the line is support, but always creates a fake break before dump so dont be fooled.
Short Doge @ 0.157 box
TP / Look to close @ 0.131-0133
It forms an ever bigger M and could go lowet
Good Luck
Below the line is support, but always creates a fake break before dump so dont be fooled.
Short Doge @ 0.157 box
TP / Look to close @ 0.131-0133
It forms an ever bigger M and could go lowet
Good Luck
Trade active
Shorted in the target zone now waiting to touch the bottom support lineNote
It looks Doge is copying BTC and either going to to $0.163 instead of 0.157everything remains the same otherwise
Trade closed manually
were are now in breakout if you see the DOGE/BTC chart it also just finished an M / downtrend and finally looking to take off instead of lower. Good luck
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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.