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Technical analysis by LarryTheKing about Symbol DOGE: Buy recommendation (1/11/2022)

https://sahmeto.com/message/2637302
LarryTheKing
LarryTheKing
Rank: 14228
1.4
Buy،Technical،LarryTheKing

I have never been a big fan of $BINGX:DOGEUSDT but you cannot deny this clear as day pattern. Too many signs are there to try and profit from this massive bull flag. I will list some of the signs below. 1. We have a massive descending wedge and due to the previous massive push to the upside before this consolidation we can see this as a bull flag continuation pattern 2. the measured move if this pattern plays puts dogecoin at just below $1 which is a massive psychological level and will most properly experience some sell-off pushing the price down. This checks out as well. 3. Dogecoin has support but yet it has been consolidating for so long it has to make a decision soon all in all, as much as I don't like dogecoin I cannot ignore the fact that this could potentially be a massive trade with 90 to 100 per cent potential profits if played correctly with the proper risk management techniques in place. I will provide updates as dogecoin moves kind regards, LarryTheKingggggwe have a clean break if we close above resistance I will be looking for buy opportunitiesretesting upper bounds of the flag, good buying opportunity now.looking good sometimes switching to the line chart gets rid of a lot of noice and is beneficialseeing some volume now

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.15225
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