LarryTheKing

DOGE COIN IS GOING TO $1

Lång
LarryTheKing Uppdaterad   
BINANCE:DOGEUSDT   Dogecoin / TetherUS
I have never been a big fan of DOGEUSDT.PS but you cannot deny this clear as day pattern. Too many signs are there to try and profit from this massive bull flag. I will list some of the signs below.

1. We have a massive descending wedge and due to the previous massive push to the upside before this consolidation we can see this as a bull flag continuation pattern

2. the measured move if this pattern plays puts dogecoin at just below $1 which is a massive psychological level and will most properly experience some sell-off pushing the price down. This checks out as well.

3. Dogecoin has support but yet it has been consolidating for so long it has to make a decision soon

all in all, as much as I don't like dogecoin I cannot ignore the fact that this could potentially be a massive trade with 90 to 100 per cent potential profits if played correctly with the proper risk management techniques in place.

I will provide updates as dogecoin moves

kind regards,

LarryTheKinggggg
Kommentera:

we have a clean break
if we close above resistance I will be looking for buy opportunities
Handel aktiv:

retesting upper bounds of the flag, good buying opportunity now.
Kommentera:

looking good sometimes switching to the line chart gets rid of a lot of noice and is beneficial
Kommentera:

seeing some volume now
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