Dogecoin
Long
Aktualisiert

Bear Flag Short Squeeze Breakout on Weekly

241
Focusing on a breakout from Wave A to B leg (short zone i'm monitoring).. You'll see we've arrived at an apex w/ upward buying pressure to test B leg, which will act as resistances (see Wave 2).. I then see further decline to around $0.05-$0.04 cents which will act as the next leg of possible support. However, doge still follows Bitcoin ..
short term long, followed by short term bearish sentiment... I see this playing out over the next 6 months to 1 year
Anmerkung
If you switch to the 4hr time frame, you can see the breakout unfolding.. Notice how the key moving avg's (in this case 3/9/18) are all approaching or have already crossed pass resistances within the triangle. run your own fib lines on the 4hr chart or pivot points and you'll see.

Snapshot
Anmerkung
running a simple gan box on the 4hr, and we're at the 50% fib retrace level

Snapshot
Anmerkung
wave 4 matches up perfectly with the .618 fib level on dode daily chart Snapshot

Haftungsausschluss

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