Closes above the blue box (legit Support/Resistance) may reflect positively on #DOGE, even if short-term.
Otherwise, it may be considered to take trades by looking for confirmation (cuz its current market is bearish) at points such as the green box and green line.
Confirmations = Breaker, Mitigation, Swing Failure Pattern on 1H or less timeframe.
Trade closed: target reached
I closed 95% of my long position at the red box with 50% profit. Enjoy.
If you want to take these trades with me or if you like my analysis, you can open an account on #OKX with this link (okx.com/join/48549199) to get 30% commission discount.
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.