michael-yazdi

will DOGE rise or decline ?!

Short
michael-yazdi Updated   
BINGX:DOGEUSDT.PS   DOGE / TETHER Standard Futures
There are 2 scenarios for this chart. First one is that correction hasn't finished and this up trend wave its just X wave and will fall more . The other scenario is that correction is finished and it started a impulse wave as i indicated in the chart.
According to RSI and VOLUME , the second scenario is more likely to happen . But you should always keep that in mine that correction isn't over so be careful with your trading.
Comment:
there has been some changes for DOGE
the wave 1st is very short so wave 3rd ganna be longer and deeper
Trade active:
correction isn't over yet but i dont think its ganna fall lower than 0.51 so its a good situation for buy.
Trade active:
As i said a correction has happened and its near to end
if you are a risky person you can buy at this point and put ST under invalidation level and the TPs are clear in the photo. but if want to be risk free , you'll have to wait until it crosses the trend line and finish pull back
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.