Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
DOGE is approaching a strong demand zone in green so we will be looking for buy setups.
on DAILY: DOGE is stuck inside a range in the shape of an inverse head and shoulders pattern.
Trigger => Waiting for a momentum candle close above the blue neckline to buy.
Meanwhile, until the buy is activated, DOGE would be overall bearish and can still trade lower till the lower orange trendline.
In this case, we will be looking for buy setups on lower timeframes.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DOGE is approaching a strong demand zone in green so we will be looking for buy setups.
on DAILY: DOGE is stuck inside a range in the shape of an inverse head and shoulders pattern.
Trigger => Waiting for a momentum candle close above the blue neckline to buy.
Meanwhile, until the buy is activated, DOGE would be overall bearish and can still trade lower till the lower orange trendline.
In this case, we will be looking for buy setups on lower timeframes.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal