M1 : Ongoing candle showing long shadows !!!
W1 : Far away of the weekly pivot level of 0.4715
D1 : Ongoing downtrend still intact and below TS
H4 : Bottom of the clouds support zone under attack,
below MBB, TS and KS. Failure to hold above the bottom
of the clouds would be a first warning signal for further downside
calling for 0.2900
H1 : Triangle pattern gives a technical targe of 0.2900
M30: In an ongoing downtrend channel. Watch the clouds
M15 : Below the clouds
M5 : Recovery attempt which should be seen as a corrective
move only
CONCLUSION : IN ORDER TO NEUTRALISE THE ONGOING DOWNSIDE SELLING PRESSURE
THE DOGE SHOULD RECOVER AND HOLD AT LEAST ABOVE THE HOURLY CLOUDS WHICH
ARE CURRENTLY AROUND 0.3500.
W1 : Far away of the weekly pivot level of 0.4715
D1 : Ongoing downtrend still intact and below TS
H4 : Bottom of the clouds support zone under attack,
below MBB, TS and KS. Failure to hold above the bottom
of the clouds would be a first warning signal for further downside
calling for 0.2900
H1 : Triangle pattern gives a technical targe of 0.2900
M30: In an ongoing downtrend channel. Watch the clouds
M15 : Below the clouds
M5 : Recovery attempt which should be seen as a corrective
move only
CONCLUSION : IN ORDER TO NEUTRALISE THE ONGOING DOWNSIDE SELLING PRESSURE
THE DOGE SHOULD RECOVER AND HOLD AT LEAST ABOVE THE HOURLY CLOUDS WHICH
ARE CURRENTLY AROUND 0.3500.
