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dikoex
Oct 28, 2022 5:32 AM

Doge on the news  Short

Dogecoin / TetherUSBinance

Description

It was some special on dogecoin. All that we like. From news about twitter and show of Elon Musk Doge showed good growth. but nothing lasts forever. As we see the prise formed one local high and then received a response from the seller. But bulls not didn't give up. And after the formation of a structural high bottom. The price rushed to update the structure. Behind which a large number of sellers' orders were formed. Having collected the necessary liquidity. The price received a second reaction and formed a block of orders and rushed down with the breaking of the previous structural element. Based on this, we can conclude the local 1 hour structure is broken, and if buyers want to take revenge. It is necessary to rebalance the price in the zone below 0.5 fibonacci

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Comments
KARO-PENNY
do we have to wait for retracement to 0.08 or 0.09?
dikoex
@lazaruskaro, i'm waiting marked range near 10. But 0.85 will be main support point. This point is broken block yhat will be a support area
Gurkeerat24
now what's your POV
dikoex
@Gurkeerat24, still waiting rebalance prise below zone 0.5 . if the price stays higher. The plan will be invalidated
mm7665
what does ff 15m mean?
dikoex
@mm7665, full fill of value gap inside on 15m time frame
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