Yuriy_Bishko

๐ŸถDOGE: where to open a LONG? Do you agree?

BINANCE:DOGEUSDT   Dogecoin / TetherUS
Hi friends? When to expect a long on DOGE? In this idea I will talk about triggers to open a trade.

๐Ÿš€While Elon is not making additional announcements about buying Twitter, which will certainly affect the price of this altcoin, Dogecoin is down by 91%. Meme Lord Mr. Musk has previously stated that Dogecoin could become an internet currency. It is likely to be used in a web3 project for Twitter in partnership with other crypto companies such as Binance.

๐Ÿ“ŠTechnical Analysis. The price was in a triangle before breaking it down. This is not something new in the cryptocurrency market, in yesterday's ideas I talked about it in detail and it was expected. The price has collected liquidity several times under the key level of $0.084. Volumes also increased, which suggests that the price reacts to this level and a major player can accumulate a position.

โœ…What to expect now? If the price rises to the trend line and beneath it, we should expect the continuation of growth. ๐ŸŽฏThe target for a long would be the $0.105-$0.110 value zone. It`s +26%.

๐Ÿ“ˆIf Bitcoin and stock markets, which the cryptocurrency market follows now, show strength and continue to grow, this target will be reached quickly!

Are you friends waiting to open trades? I need to make an update for this idea when this opportunity comes? Write in the comments!

๐Ÿ’ปFriends, press the "like"๐Ÿ‘ button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.

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