On the 4 time frame, a squeeze to the level.
A redemption candle that lures many players into longing.
On the daily timeframe false breakout of the previous day.
On the hour timeframe marked in green the zone of the false breakdown.
A big short player is taking a position.
Locally there is a shorting slope.
if you like the idea, please...
- Elon Musk has planted volumes.
- The level that is 0.92
- The trading triangle (which I highlighted with flags).
- If the market maker does not break the blue flag, it will be a strong buy signal, especially if the bitstock spills and this scam will stand.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your...
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For this particular analysis on Dogecoin we are using the DOGEUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where DOGE broke today above its 1D MA50 (blue trend-line) for the first time since September 24. The Twitter - Musk news certainly weigh on the price but as always the important developments lie in the technicals. We...
