Well truth is Fractals change- evidence in the last 3 charts lol. I just started to give this some acknowledgement.
I was reviewing chart again and the time taken for the upswing. Much was invested downside to the crab pattern . So this changes the original pattern I posted. Granted both can be used depending on your own trading preference.
In this one its a conservative .886 bearish wave here with a failure point noted which is where we are at right now.
The ultimate top is the same failure point as before (red line)- strong resistance here and this may be what keeps DOGE from ATH's :( But can still go long if we get thru the resistance points (we shall see).
Only time will tell what formation we have, but this one is beginning to grow on me more after last night.
I am neutral to long. Just want to see it get through the resistance which I think it should- even if it rejects it may still make another try.
I was reviewing chart again and the time taken for the upswing. Much was invested downside to the crab pattern . So this changes the original pattern I posted. Granted both can be used depending on your own trading preference.
In this one its a conservative .886 bearish wave here with a failure point noted which is where we are at right now.
The ultimate top is the same failure point as before (red line)- strong resistance here and this may be what keeps DOGE from ATH's :( But can still go long if we get thru the resistance points (we shall see).
Only time will tell what formation we have, but this one is beginning to grow on me more after last night.
I am neutral to long. Just want to see it get through the resistance which I think it should- even if it rejects it may still make another try.
Trade active:
RSI showing bullish divergence on 1 hr .. but is that enough?
Comment:
Several struggling points of loss. DOGE has given up the ghost ....time to regroup and rethink. Patterns were valid, but they all failed. The most crucial at 0.0727
Comment:
We back
Moorsc0de aka Crypt0nomics aka Zaphkiel
