DOGEUSD: All targets hit. One last bearish leg left.

TP = 0.003170 and 0.002000 hit. The 1D Channel Down since October 15, declined on a very controlled pace (MACD = -0.001, Highs/Lows = -0.005, B/BP = -0.0014) despite printing oversold levels on RSI = 19.061 and ADX = 80.269. DOGE has now one last sell sequence left near the 0.001294 November 22, 2017 low (also between monthly EMA100 and SMA50, 0.001117 - 0.001310). However we are unwilling to take further shorts as our long term short strategy has been completed. We will be looking for a buy opportunity early next year, if the price action suggests that a bottom has been made.




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