hello guys!
doge seems potential now!
DOGECOIN has successfully broken out of a long-standing bearish trendline and is now respecting a well defined ascending channel structure.
After a clean retest of both the midline and the demand block around 0.1950–0.2150, the price is showing renewed bullish pressure. As long as price holds above this key support zone, we can expect further continuation to the upside.
what I see:
✅ Breakout of descending trendline confirmed
✅ Strong structure support from the demand block (0.1950–0.2150)
✅ Clean reaction from channel midline
✅ Momentum currently favors continuation of the bullish trend
🎯 Bullish Targets:
TP1: 0.2530 (recent swing high)
TP2: 0.2750 (channel upper boundary)
TP3: 0.3035 (major horizontal resistance zone)
🛑 Stop-loss idea: Below 0.1950 (invalidates bullish structure)
doge seems potential now!
DOGECOIN has successfully broken out of a long-standing bearish trendline and is now respecting a well defined ascending channel structure.
After a clean retest of both the midline and the demand block around 0.1950–0.2150, the price is showing renewed bullish pressure. As long as price holds above this key support zone, we can expect further continuation to the upside.
what I see:
✅ Breakout of descending trendline confirmed
✅ Strong structure support from the demand block (0.1950–0.2150)
✅ Clean reaction from channel midline
✅ Momentum currently favors continuation of the bullish trend
🎯 Bullish Targets:
TP1: 0.2530 (recent swing high)
TP2: 0.2750 (channel upper boundary)
TP3: 0.3035 (major horizontal resistance zone)
🛑 Stop-loss idea: Below 0.1950 (invalidates bullish structure)
Trade closed: target reached
just the first target touched
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.