hello guys...
dogecoin breaks out of the descending channel via a sharp candle!
of course, the next resistance is near and in another scenario, it could make a correction but not here! but why? I think it is because of the sharp movement!
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in the weekly time frame, doge has made a pin bar in the pink area (you can check it)
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there are two areas for a long position that I show as green areas:
one of them has been formed on the candle gap
and the other one is because of ascending trendline and the meaning of pivot!
________________________________________
the target for this position is in the pink area which is coincident with the target of the breaking channel!
________________________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
dogecoin breaks out of the descending channel via a sharp candle!
of course, the next resistance is near and in another scenario, it could make a correction but not here! but why? I think it is because of the sharp movement!
_________________________________________
in the weekly time frame, doge has made a pin bar in the pink area (you can check it)
_________________________________________
there are two areas for a long position that I show as green areas:
one of them has been formed on the candle gap
and the other one is because of ascending trendline and the meaning of pivot!
________________________________________
the target for this position is in the pink area which is coincident with the target of the breaking channel!
________________________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
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👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.