Doge showing signs of rebirth. This chart is to show possible signs of a larger move to come. See previous chart .... 1st wave of the low- and this chart shows completion of the 2nd wave. With the upside we saw today if price action holds above .47 then we go LONG. If it breaks lower then we will need to re-explore what's going on. So set your stops and lets see if we can get this move. Again price has to hold above .47 cents. We have seen this hold for about 2 hrs now.
Comment:
If price drops below 50 cent the pattern will be busted. If remains above 52 cents - then it still has bullish potential. 50-51 cents is a neutral area.
Trade closed manually:
Looks like clear BTC reversal has overcome the price action on Doge.. Its a BUST... (for now). ELON MUSK comments have not helped things either ... shrugs
Moorsc0de aka Crypt0nomics aka Zaphkiel
