DOGE Bulls Just Busted the Triangle and Price Is Running 🔥
This hourly structure flipped from potential breakdown to clean upside in fast fashion, and the reaction is hard to ignore.
🗣 What Trader Tardigrade said
He noted the symmetrical triangle busted with a shallow breakdown then a move beyond the opposite side, arguing it "could bring a stronger uptrend than non-busted one."
🔥 Why the reaction stands out
- Downside probe failed quickly.
- Price exploded back through the triangle.
- Impulse candles show buyers stepping in hard.
🎯 My trade idea
- Bias: Long after confirmation
- Trigger: Hold above the breakout or retest of ~0.080
- Estimated entry zone: 0.080-0.082
- TP1: ~0.090
- Invalidation: clean loss of 0.076
- Est. odds: ~60% (subjective) for TP1 before SL once confirmed
I would not chase the first spike. Let the market prove the busted pattern holds.
Where do you place invalidation on this one? 👇
Tell me where you would place invalidation.
Not investment advice - research on your own! 🚀
$DOGE
This hourly structure flipped from potential breakdown to clean upside in fast fashion, and the reaction is hard to ignore.
🗣 What Trader Tardigrade said
He noted the symmetrical triangle busted with a shallow breakdown then a move beyond the opposite side, arguing it "could bring a stronger uptrend than non-busted one."
🔥 Why the reaction stands out
- Downside probe failed quickly.
- Price exploded back through the triangle.
- Impulse candles show buyers stepping in hard.
🎯 My trade idea
- Bias: Long after confirmation
- Trigger: Hold above the breakout or retest of ~0.080
- Estimated entry zone: 0.080-0.082
- TP1: ~0.090
- Invalidation: clean loss of 0.076
- Est. odds: ~60% (subjective) for TP1 before SL once confirmed
I would not chase the first spike. Let the market prove the busted pattern holds.
Where do you place invalidation on this one? 👇
Tell me where you would place invalidation.
Not investment advice - research on your own! 🚀
$DOGE
