Description
⋅ Hello, Winners! A bullish Harmonic setup has formed on this DOGEUSDT 12 Hour chart.
At the time of this post, the 9 EMA is acting as resistance, and RSI under 50 = bearish zone.
(The RSI I'm using was created by Nico.Muselle. He provides more detail on how it can be used in his scripts. Check it out!!!)
Bulls will want to wait on RSI to cross 50 and price to build support above that 9 EMA to have a low risk entry.
I've shaded potential target zones with purple boxes. The Red Horizontal Line is the stop loss.
This post is just a chart analysis, Not financial or investment advice.
Questions are always welcome in the comments below. Please support the idea with your 👍 and comment. Thank you 🙏 and GL