Still in line with my original idea. Will be watching this to update.
Solid bottom is forming. If it breaks the bottom we could go to 0.36-0.37, but this shouldn't change the channel from original idea. Buying opportunity.
Not investment advice. Do your own DD & Research.
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Progressing nicely. Still on short term uptrend.
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The dip was a bit stronger after the 12th, but not unexpected. This swing is much like the prior one.
MOVED TO 4 HOUR CHART for detailed adjustment when candle moved down and had ADJUSTED TOP-UP AREA OF 1st MAJOR SWING. Expect a bull trap to occur so my entry for a top-up would be 0.382 -0618. Note that the double brown line is a PIVOT AREA.
er453d
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@Sanmig_Live, Very Nice. I saw a doji, wondering myself. Always cautious in this scenario as we have been here before. Thank you.
The_Crypto_Samurai
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@er453d, You are most welcome Leonidas! change your avatar. Hahahaha
The_Crypto_Samurai
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Musk just tweeted now about working with DOGIE Dev Team. One cryptocurrency for us DUMB-MONEY? Your theories of a steep spike in tandem with my CD leg. Confluence? LOL!
The_Crypto_Samurai
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I see this as one more retest for a day or two for it to continue the CD leg of an AB=CD Pattern.
The huge drop was expected to be the end of a swing which is identified in the large boxes. The depth of the dip will forecast the next upward trend and pattern formation.
On behalf of all your followers, I thank you for sharing your detailed analysis and I am looking forward to a symbiotic analysis aid for my theories.
Sharing my Idea...
er453d
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@Sanmig_Live, Excellent. I like your approach here. I agree the depth of the dip will give a better picture of the forecast of whats to come with the upward trend.