This analysis is an update of the analysis you see in the "Related publications" section
Before Dogecoin enters the bearish wave from the previous analysis, it seems likely to experience some fluctuations, which will be addressed in this analysis.
Dogecoin, from the point where we placed the red flash on the chart, appears to have entered an ABC correction. It is currently in wave B, which seems to be forming as a diametric pattern. At the moment, Dogecoin is at the beginning of wave G of this diametric, which is the final wave of this pattern.
Once wave B is complete, a bearish wave C is expected to form, driving the price toward the yellow zone. Since significant liquidity is being hunted in this area, Dogecoin might also form a higher high from this zone.
As the price approaches the yellow zone, we will update the analysis and the target range accordingly.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Before Dogecoin enters the bearish wave from the previous analysis, it seems likely to experience some fluctuations, which will be addressed in this analysis.
Dogecoin, from the point where we placed the red flash on the chart, appears to have entered an ABC correction. It is currently in wave B, which seems to be forming as a diametric pattern. At the moment, Dogecoin is at the beginning of wave G of this diametric, which is the final wave of this pattern.
Once wave B is complete, a bearish wave C is expected to form, driving the price toward the yellow zone. Since significant liquidity is being hunted in this area, Dogecoin might also form a higher high from this zone.
As the price approaches the yellow zone, we will update the analysis and the target range accordingly.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
관련 발행물
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.
✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
관련 발행물
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.
