Trading Signal for $DOGE
Time Frame: 1 Day (1D)
Resistance Levels:
- R1: 0.1700
- R2: 0.2300
Support Levels:
- S1: 0.1150
- S2: 0.0670
Entry for Trade:
- 0.12600 (After confirmation of the pattern breakout)
Take Profit (TP) Levels:
- TP1: 0.1700
- TP2: 0.17500
- TP3: 0.1800
Stop Loss (SL):
- SL: 0.1150
Trade Setup Explanation:
The chart depicts a potential bullish Gartley pattern. This pattern suggests a bullish reversal might occur, leading to a rise in price. The entry point is set slightly above the current price to confirm the breakout. Take Profit levels are set at key resistance points, while the Stop Loss is positioned below the last support to limit potential losses.