Dogecoin Price (DOGE/USD) – Top-Down Analysis!

Dogecoin Could Start The Next Impulsive Rally

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.

DOGE/USD | Dogecoin Price

Trigger => Waiting for a momentum candle close above the blue neckline to buy.

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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

Dogecoin Could Start The Next Impulsive Rally

Richard Nasr

- Full-time Trader, Coach, and Founder of theSignalyst with 400+ Students Worldwide.
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