ADA, XRP, XLM have all soared, but DOGE for some reason is crawling🤦🏻♂️
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Proekt_73
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On Thursday, a number of assets interesting by charts were given.
From the list, an alert was set on #DOGE, for which we continue to hold an investment position from the area of $0.08. Back then we wrote:
"... Liquidity below the low of February 3rd - removed. The figure formed since January 18th - 'Dragon', but it is important to wait for a breakout of the spine line. The current risky entry - is with a short stop behind the low of February 25th at $0.19557."
The risky entry would have been knocked out by the stop on Friday’s decline of about -7%, where a new low of $0.18154 was set. But now the breakout alert of the trendline, 'spine line' of the 'Dragon' has triggered. Considering the impulsiveness of the growth on the news, essentially a manipulation - it is still a question of how the day will close. But if it is a full-bodied candle above the trendline - the pattern begins to work out. Because as of now on the daily TF, this is an additional candle potentially low.
From the list, an alert was set on #DOGE, for which we continue to hold an investment position from the area of $0.08. Back then we wrote:
"... Liquidity below the low of February 3rd - removed. The figure formed since January 18th - 'Dragon', but it is important to wait for a breakout of the spine line. The current risky entry - is with a short stop behind the low of February 25th at $0.19557."
The risky entry would have been knocked out by the stop on Friday’s decline of about -7%, where a new low of $0.18154 was set. But now the breakout alert of the trendline, 'spine line' of the 'Dragon' has triggered. Considering the impulsiveness of the growth on the news, essentially a manipulation - it is still a question of how the day will close. But if it is a full-bodied candle above the trendline - the pattern begins to work out. Because as of now on the daily TF, this is an additional candle potentially low.