AS YOU CAN SEE ON MY PREVIOUS 2 POST YOU CAN SEE WE'RE HEADED IN THE RIGHT DIRECTION...
LAST NIGHT ELON SOLD ALOT OF BITCOIN AND MIGHT BE MOVING ON TO DOGE COIN...
THATS WHERE THE SPIKE CAME FROM.....
TODAY @ 3PM CENTRAL MARK CUBAN WILL TRY TO PURSUADE THE MASSSES TO JUMP ON DOGE COIN AND IM
LOOKING FOR IT TO HIT ITS PREVIOUS HIGH SOON....
GO LOOK AT MY PREVIOUS POST
AFTER A STRONG REJECTION FROM THE RESISTANCE LEVEL (LOOK AT PICTURE BELOW),
A NEW LOW WAS MADE. SO AFTER THE STRONG PULL BACK AFTER HITTING A STRONG
RESISTANCE AREA .WE ARE LOOKING FOR IT TO GO DOWN A HIT THE CONFLUENCE AREA
WHEN ITS ALSO MET WITH THE 1.27 FIB EXT.
LETS SEE HOW THIS ONE GOES
As you can see, it retraced all the way to do a double bottom,
as it has previously did on Oct 14, but respected the trend line on the day chart (Picture below)...
Im going to ride it up to previous area of confluence..
This is a 1:1 Ratio trade...
Lets see hit goes..
Lets see how this on goes..
On the 4hr timeframe i will be looking for a break out
at the confluence area..
As you can see, my take profit is at the 61.8 fib level, and as you can see that area is a previous resistance zone..