DHLawrence

Doge: Bullish & Bearish on the 4hr

DHLawrence Updated   
GEMINI:DOGEUSD   Dogecoin
Hello,

Here are a couple examples of the level behavior we could expect here.

Always exciting to see if these mid level arguments result in a continuation or reversal.

Good Luck!

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This yellow trace shows how the bearish pattern could propagate as a fractal of it origination pattern.
Also note, we are arguing price below the purple bullish pattern by a level. And that purple guys is a likely origination pattern for the bulls.
Follow along for more updates. :)
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Nov2st doge candle . See it on BITTREX, missing on Gemini.
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Here is todays update, which accounts for the big spike on this chart (not shown on Gemini)
As a rule of thumb, two harmonic patterns back, at any level scale, is a good example. This accounts for the foreground / Background nature of the 3D space map. Any how, the turquoise trace is a high influence position, and could propagate to the red trace, and beyond.
Our recent top formation is just below this big gigantic humongous “doji candle”… and once the level over head resistance behavior starts to acquire a downward slope, we usually expect a failure of the support to follow, resulting in at least a Fibonacci retracement, if not a catastrophic bearish level move.
This would be the proverbial exhaustion gap.
We also printed a bottom just above the existing recent major support vector. This is a bullish sign, suggesting an exponential growth move.
Good luck! Love & Light to All!
Go Doge Go!
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here is a trace that i am excited about this evening:
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