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DOGEUSDT on the 30m chart using an ABCD point layout to outline a descending triangle pattern.
A → C → D: Lower highs consistently respecting the downtrend line.
B & D zone (~0.2200): Flat base support forming the triangle floor.
Price has now broken above the descending trendline with a noticeable spike in volume, indicating that buyers stepped in aggressively to break the pattern.
Why This Matters:
Volume was relatively muted during the consolidation phase inside the triangle, which is normal for this type of setup. However, at the breakout candle, volume surged — confirming that the move was not just a false breakout but backed by real market participation.
Trade Plan:
Entry Zone: Above 0.2270 (confirmed breakout)
First Target: 0.2300
Second Target: 0.2430 (measured move from triangle height)
Stop Loss: Below 0.2200 (pattern invalidation)
Notes:
While descending triangles often break downward, this setup shows bullish divergence between price action and volume — suggesting that the market may be preparing for a sustained upside move.
DOGEUSDT on the 30m chart using an ABCD point layout to outline a descending triangle pattern.A → C → D: Lower highs consistently respecting the downtrend line.
B & D zone (~0.2200): Flat base support forming the triangle floor.
Price has now broken above the descending trendline with a noticeable spike in volume, indicating that buyers stepped in aggressively to break the pattern.
Why This Matters:
Volume was relatively muted during the consolidation phase inside the triangle, which is normal for this type of setup. However, at the breakout candle, volume surged — confirming that the move was not just a false breakout but backed by real market participation.
Trade Plan:
Entry Zone: Above 0.2270 (confirmed breakout)
First Target: 0.2300
Second Target: 0.2430 (measured move from triangle height)
Stop Loss: Below 0.2200 (pattern invalidation)
Notes:
While descending triangles often break downward, this setup shows bullish divergence between price action and volume — suggesting that the market may be preparing for a sustained upside move.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。