Hi friends! Doge make a higher lows (HL) which is the first sign that the really BIG bulls start support the price! The next confirmation will be the higher highs (HH) but it's above the $0.068 and we can also make money before the price reach this level and confirm the bull trend for us.
๐ฅ I prepare for you 2 entry points to long. Enjoy it!
๐ 1st entry point. You can entry the long on the breakout of this falling wedge, where the price of DOGE consolidate now. The squeeze to the top boundary+bullish BTC help the price reach the closest value area.
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The target is the $0.063-0.064 level. You can make a +5% profit in a few hours because we all know how DOGE pumps. Of course if you use the leverage you will get more profit. I explain how to do it in some my video and educational ideas.
๐ 2nd entry point. The next entry point will be at the squeeze to the global trendline and 3rd touch of the trendline. Some pullback is possible but if the price break this trendline it can easilly reach the next targets:
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$0.068-0.071 - the huge value area+local highs are here. Huge resistance for the price. Recommend you to book 50% or more % of profit here.
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$0.08-0.082 - the value area and mid term target. As you can see the DOGE price growth really fast and in 1-2 days can easilly make +20%.
I will use the DOM and Footprint tools to additionally confirm the best entry point in this 2 cases. This is scalping tools that help me to identify the biggest buy orders placed by whales.
๐ฉI prefer to follow the big money to open the most profitable trades. Especially in situation where we can identify the local bottom and hold the position for the long time and enjoy the profit.
๐ปFriends, press the "boost"๐ 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.