Bitcoin is locally in consolidation, a good time for altcoins. There is a potential trade on the dogecoin chart. We can see the trend line, the price is now squeezing near the trend line, this is a good signal for a breakout and rise. Before that we see a spike downwards, this was a stop-loss collection, also a good signal for growth. A good buying opportunity will be after a breakout or retest of the level.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
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we bought after the trend line was broken, and closed all positions after the big pump because there was volume at the top