hello guys.
Downtrend Channel: DOGS has been trading within a descending channel since early September, reflecting strong bearish momentum.
Breakout Attempt: The price recently attempted to break above the descending channel's resistance, suggesting a possible change in trend.
Support Zone: A consolidation zone was established around the 0.0005500 level, indicating strong buying interest and forming a potential base for further upward movement.
Target Level: If the breakout is confirmed, the next key target lies around the 0.0009740 mark, a significant resistance level that may attract profit-taking or selling pressure.
in a short story:
if the last candle that breaks the channel remains strong and full body we can expect the price will touch the $0.0009740 area. otherwise, it remains bearish like I said before:

Downtrend Channel: DOGS has been trading within a descending channel since early September, reflecting strong bearish momentum.
Breakout Attempt: The price recently attempted to break above the descending channel's resistance, suggesting a possible change in trend.
Support Zone: A consolidation zone was established around the 0.0005500 level, indicating strong buying interest and forming a potential base for further upward movement.
Target Level: If the breakout is confirmed, the next key target lies around the 0.0009740 mark, a significant resistance level that may attract profit-taking or selling pressure.
in a short story:
if the last candle that breaks the channel remains strong and full body we can expect the price will touch the $0.0009740 area. otherwise, it remains bearish like I said before:

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Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
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Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
