the7s
Open Trade
Frequent Trader
2.2 Years
let’s share and discuss ideas and keep growining 💡✨
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$DOGE update.
A retest is happening so to the people who missed the bullish trend breakout. it's your opportunity 😉 enter short for the moment and target tp around 0.1800- 0.176.
rsi is dropping, macd crossover, high selling volume and histogram indicates a bearish or reversal or retest.
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⚠️ Don't rely solely on my chart prediction i am a beginner too so ( DYOR )
HAPPY TRADING 🎇
A retest is happening so to the people who missed the bullish trend breakout. it's your opportunity 😉 enter short for the moment and target tp around 0.1800- 0.176.
rsi is dropping, macd crossover, high selling volume and histogram indicates a bearish or reversal or retest.
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.
.
⚠️ Don't rely solely on my chart prediction i am a beginner too so ( DYOR )
HAPPY TRADING 🎇
i hope my recent prediction about $DOGE might have helped someone in somewhere. it reached 0.1900 as predicted. although I didn't made alot of profit from it. but I did gained some experience and it was a signal to me that my technical analysis paid off. I happy I am finally able to read chart properly 🥳
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I haven't analyse chart now so, good luck trader. never give up, there are tons of videos on YouTube you can find to learn technical analysis. use help of chat gpt since i was able to improve by its help. seek out help, grow everyday, learn everyday, learn from mistakes and have self control...
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HAPPY TRADING ✨
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I haven't analyse chart now so, good luck trader. never give up, there are tons of videos on YouTube you can find to learn technical analysis. use help of chat gpt since i was able to improve by its help. seek out help, grow everyday, learn everyday, learn from mistakes and have self control...
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HAPPY TRADING ✨
Final update on $DOGE
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$DOGE might do a retest around 0.185 - 0.176
a breakout happened but the volume isn't strong so might consider analyzing volume. if another volume is strong then it confirms breakout, for better scenario $DOGE might have a uptrend 🥳
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Why it might not be a breakout ⚠️
My reason for it is, cause the $bitcoin was bearish just a moment ago, and crypto market is unpredictable. so ( DYOR )
HAPPY TRADING 🎉
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$DOGE might do a retest around 0.185 - 0.176
a breakout happened but the volume isn't strong so might consider analyzing volume. if another volume is strong then it confirms breakout, for better scenario $DOGE might have a uptrend 🥳
.
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Why it might not be a breakout ⚠️
My reason for it is, cause the $bitcoin was bearish just a moment ago, and crypto market is unpredictable. so ( DYOR )
HAPPY TRADING 🎉
Another update of $DOGE
this breakout might be a bull trap ( fake breakout )
WHY ?
here is the conclusion, price has broke the recent consolidation ( broke through resistance zone ) but, the volume wasn't quite high and high volume is one of the major sign of breakout.
What Should You Do?
If you're long, keep an eye on $0.187—if it breaks back below, consider risk management.
If you’re waiting, you can enter on a successful retest of $0.187 with strong volume.
if it breaks 0.187 then it might hit 0.1900 - 0.2 or might consider the market to be in uptrend.
if it doesn't break 0.187, then consider shorting to 0.180 - 0.178.
WHy ?
0.187 is previous resistance zone and price is testing it multiple times so it's a strong zone, that's why price might bounce from there.
0.180 is previous support zone so it might drop to that zone.
⚠️ reminder: not a pro trader so ( DYOR )
HAPPY TRADING 💖✨
this breakout might be a bull trap ( fake breakout )
WHY ?
here is the conclusion, price has broke the recent consolidation ( broke through resistance zone ) but, the volume wasn't quite high and high volume is one of the major sign of breakout.
What Should You Do?
If you're long, keep an eye on $0.187—if it breaks back below, consider risk management.
If you’re waiting, you can enter on a successful retest of $0.187 with strong volume.
if it breaks 0.187 then it might hit 0.1900 - 0.2 or might consider the market to be in uptrend.
if it doesn't break 0.187, then consider shorting to 0.180 - 0.178.
WHy ?
0.187 is previous resistance zone and price is testing it multiple times so it's a strong zone, that's why price might bounce from there.
0.180 is previous support zone so it might drop to that zone.
⚠️ reminder: not a pro trader so ( DYOR )
HAPPY TRADING 💖✨
Hello traders how are you.
( UPDATE ON $DOGE )
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I am just here to analyse my analysis here.
so $DOGE has a breakout here with high volume, bullish rsi, macd and ema cross in daily time frame it might do a retest or not, I don't know about that 🤡
But, in the lower time frame it has already retested the Fibonacci 23.60% and has done retest on 23.60% as a support zone Thrice, so there might be a good chance of it reaching 0.19000 or reach it cause it has been a resistance zone previously.
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Another analysis is, it might be a huge reversal. WHY ?
cause you can find a supply zone on higher time frame like 1week or 1D and price has been consolidating on this area, so it might be a reversal.
⚠️ REMINDER ! ( DYOR ) it's just my conclusion and i am not a pro trader. I am just a trader who is trying to improve every single time.
HAPPY TRADING ❤️
( UPDATE ON $DOGE )
.
.
.
I am just here to analyse my analysis here.
so $DOGE has a breakout here with high volume, bullish rsi, macd and ema cross in daily time frame it might do a retest or not, I don't know about that 🤡
But, in the lower time frame it has already retested the Fibonacci 23.60% and has done retest on 23.60% as a support zone Thrice, so there might be a good chance of it reaching 0.19000 or reach it cause it has been a resistance zone previously.
.
.
Another analysis is, it might be a huge reversal. WHY ?
cause you can find a supply zone on higher time frame like 1week or 1D and price has been consolidating on this area, so it might be a reversal.
⚠️ REMINDER ! ( DYOR ) it's just my conclusion and i am not a pro trader. I am just a trader who is trying to improve every single time.
HAPPY TRADING ❤️
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