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.
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
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