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#doge #dogecoin #moon333
Hey friends this is a Val and welcome to the new update on Dogecoin as in my previous videos I’ve been showing you that Dogecoin is moving at the support of an up channel on The Daily time frame chart right now you can see that it is
Still moving at the support of this up Channel and and we still have this hidden bullish Divergence flashed on this daily time frame chart and in today’s video we will discuss this move and I would also like to show you this huge breakout that has happened on the 7
Days time frame chart as well you can see that few weeks ago here in the month of November on 6th of November 2023 we broke out the resistance but so far it is not able to break out this long-term resistance of 10 cents but before starting this analysis if you’re not
Subscribed to my channel then do subscribe it and for more trading signals you can also join me and support me as a YouTube member or as a patreon member because here I’m sharing different trading signal for you and you can find a link to join me here in the
Videos description I’ve shared and if you would like to see how my trading signals work then I’ve also shared the link for the trading signal report for the current month of December 2023 in the videos description you just need to open that report and if you would like
To check any trading signal like uh this is the trade setup for ntrn you just need to click on the link for the trade setup it will take you to the trading view chart and on this chart you can see when I shared this trade signal uh for
Example in this case I shared this signal a few days ago on 21st of uh December and over here you can also watch the complete trade setup as well like the buyings on and the sell Targets on and the stop loss as well and in order to see how the price and moved
After sharing this signal you need to click display button by the way in order to use this option to click this button you need at least a free account on the trading View and if you don’t have then you can create one using the link I’ve shared in the description of this video
I’m going to click this button and you can see that the price L started a very nice reversal from this buying Zone and rallied beyond the cell Target Zone within few moments uh you will be you can see that uh it has started a very massive pump and rallied beyond the cell
Target zone now let me to take you to the live chart of Dogecoin and this is the daily time frame chart and you can see that previously since after uh 10th of June it f moving inside this symmetrical triangle we broke out the resistance of the triangle and the
Target for this breakout was here at 9.2 C 9.3 cents and you can see that the price and rallied beyond that Target Beyond uh 10 cents and started moving inside this up Channel and right now you can see it is again drop down at the support of this channel for the past
Several days you can see uh it is moving at the support of the channel and now there is a probability that the price may start another reversal to hit the resistance of the channel because at the same time uh there is a hidden bullish Divergence flashed on this daily time
Frame chart you can see see that the price line formed this low here and the next low it is forming higher than the previous one and if we take look at the stochastic then you can see that stochastic form this low here and the next low it is forming it has formed
Lower than the previous one there is a hidden bullish Divergence flashed on this daily time frame chart and now there is a probability that the price may follow this signal and start another reversal to hit the resistance of this channel somewhere here at 11.5 or 11.7 cents and in case breaking out this
Channel uh the target to the upside can be here for example if we will have a breakout from 11.5 or 6 cents and the target can be here that will be approximately at 14.9 cents or 15 cents and in that situation it can also break out this very long-term downtrend line
Resistance uh not this resistance this 10 cents resistance uh that was previously working as a resistance here resistance here and back here in the month of January 2021 it f working as a resistance and now again it’s working as a resistance and we can also break out
This resistance of 10 cents as well now if we take a look at the target for this huge breakout that is happened on this weekly time frame chart from this big descending triangle and the target for this breakout can be here that will be approximately at 22.5 cents and the
Final Target for this huge breakout from this big falling wed pattern is here at the top of the W that is between 77 cents to 80 this was the update so far I hope that you like the then do hit the like and do subscribe to the channel as
Well and for more trading signals you can also join me and support me as a YouTube member where as a patreon member because here I’m sharing different trading signals for you and you can find a link to join me here in the videos description I’ve shared take care goodbye
19 Comments
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