Aadil1000x

Dogeusdt Analysis: It's dead Now

Short
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Hello Traders!

It looks like Dogeusdt Is dead now. Only Elon Musk's tweet can Save it or a deal with big names can push the price up.

Let's talk about Chart analysis

I am analyzing dogeusdt from 6 feb and the patterns after that all are common patterns and it forms again and again. I have also mentioned this in my analysis.

Dogeusdt failed to move up from the start of J pattern which was the first support and it slipped to the second support at the bottom of the J pattern.

Now it is forming M pattern which will push the market to the downside.

M pattern above first support of J has a success rate of only 20% but the M pattern above the second support has a success rate of 80%.

If it slipped from support it will touch 0.0200 soon.

6 feb analysis

11 feb analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.