DOGS / TetherUS

DOGS/USDT - H&S Pattern Signals a Potential Reversal

1 652
hello guys.

let's dive into Dogs analysis!

Head and Shoulders Formation:
A classic head-and-shoulders pattern formed at the top of this recent rally, indicating a potential trend reversal.

Broken Ascending Channel:
The price recently broke out of a minor ascending channel, further reinforcing the likelihood of a bearish continuation.

Support Zones:
The price could retest the $0.000740 level before heading lower. The next strong support zone lies around $0.000700, marked by a previous consolidation area.

Descending Channel:
The broader price action shows a descending channel. After the breakdown from the head and shoulders, the price is expected to move towards the lower boundary of this channel.
노트
the neckline broke down, and after a retest, the price started to go downward!
스냅샷
#dogs #dogsusdt
노트
스냅샷

it didn't touch the blue area!

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.