This is my first post here, and I'm truly excited to begin this journey of learning, sharing, and growing as a trader with all of you.
📈 I'm currently tracking DOGE/USDT and noticed what looks like a classic Cup & Handle formation developing on the 4H chart. I've marked out the structure, potential breakout zone, and my own thoughts on the setup (entry, SL, and TP).
I'm sharing this not as financial advice but as part of my learning and analysis process, and I wholeheartedly welcome your feedback, thoughts, or alternate views — this is how we all get better together. 🙏
🧠 Trade Idea – Cup & Handle Breakout on 4H Chart
I'm observing a clean Cup and Handle pattern forming on the DOGE/USDT 4H timeframe.
Cup formation is smooth with rounded structure
Handle completed with a slight consolidation/pullback
Price is now testing the breakout zone between $0.207–$0.214
A confirmed breakout and candle close above these levels could open the door for a strong move toward TP near $0.246
📌 Trade Plan
Entry Zone: Above $0.2145 (confirmation breakout)
Stop Loss: Below $0.1924
Take Profit (TP): Around $0.2468
Risk/Reward: Roughly 1:2.5 depending on exact entry
⚠️ Disclaimer:
This is not financial advice. Please do your own research (DYOR) before making any decisions. Markets are unpredictable, and this post reflects just an idea and my personal analysis — it could work out or completely fail. Manage your risk wisely!
Let’s keep the community friendly, helpful, and focused on growing our collective trading knowledge. 💬📚
Wishing you all green candles and strong confirmations!
– Cheers, and happy trading! 🚀🔥
📈 I'm currently tracking DOGE/USDT and noticed what looks like a classic Cup & Handle formation developing on the 4H chart. I've marked out the structure, potential breakout zone, and my own thoughts on the setup (entry, SL, and TP).
I'm sharing this not as financial advice but as part of my learning and analysis process, and I wholeheartedly welcome your feedback, thoughts, or alternate views — this is how we all get better together. 🙏
🧠 Trade Idea – Cup & Handle Breakout on 4H Chart
I'm observing a clean Cup and Handle pattern forming on the DOGE/USDT 4H timeframe.
Cup formation is smooth with rounded structure
Handle completed with a slight consolidation/pullback
Price is now testing the breakout zone between $0.207–$0.214
A confirmed breakout and candle close above these levels could open the door for a strong move toward TP near $0.246
📌 Trade Plan
Entry Zone: Above $0.2145 (confirmation breakout)
Stop Loss: Below $0.1924
Take Profit (TP): Around $0.2468
Risk/Reward: Roughly 1:2.5 depending on exact entry
⚠️ Disclaimer:
This is not financial advice. Please do your own research (DYOR) before making any decisions. Markets are unpredictable, and this post reflects just an idea and my personal analysis — it could work out or completely fail. Manage your risk wisely!
Let’s keep the community friendly, helpful, and focused on growing our collective trading knowledge. 💬📚
Wishing you all green candles and strong confirmations!
– Cheers, and happy trading! 🚀🔥
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.