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Time Details
2025-10-25
08:19
Dogecoin DOGE Daily Descending Triangle Breakout Alert: @TATrader_Alan Flags Move — 3 Confirmation Checks and Risk Levels

According to @TATrader_Alan, DOGE has broken out of a daily descending triangle, signaling a potential technical shift on the daily chart. Source: x.com/TATrader_Alan/status/1981998934018138282 In technical analysis, a descending triangle breakout is typically confirmed by a daily close above the downtrend line with rising volume to reduce false signals. Source: investopedia.com/terms/d/descendingtriangle.asp A common measured target is derived by adding the pattern’s height to the breakout point, while invalidation often uses a daily close back inside the triangle or below the broken trendline. Source: thepatternsite.com/descTriangle.html Traders frequently wait for a throwback retest of the broken trendline to refine entries and place stops near invalidation, especially on volatile assets like DOGE. Source: stockcharts.com/school/doku.php?id=chart_school:chart_analysis:throwbacks_and_pullbacks Participants should verify the breakout and monitor liquidity and volume on a major market such as the DOGEUSDT pair before positioning. Source: binance.com/en/trade/DOGE_USDT

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