Moorsc0de

DOGEUSDT Precautionary Bearish Wave Formation

Moorsc0de Updated   
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Posting this as a cautionary notice on DOGE. The pattern forming right now is extremely bearish and caution should be used. There is a chance this could retrace, but even if it does- the pattern is bearish . I have provided 3 different options here. 2 of them are only valid with a bounce from current point. A bounce may signal better days ahead, but the pattern overall is bearish so expect lower prices sometime in future.
Comment:
There is a bullish crab pattern embedded in this bearish wave pattern but it does not seem to be winning just yet. This pattern would be the green arrow if it does turn upside..

Moorsc0de aka Crypt0nomics aka Zaphkiel
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