The one last hope before a boring slow downward grind for DOGEbtc is this little reclaim of the middle bband. If it can bounce off of it, close above and not just consolidate in the middle of it DOGE can actually rally. This doesnt look exactly like a breakout as price is not establishing itself on top, rather just messing around on the middle band. Could be fake, could also be a hidden breakout.
Note
Moves like this happened alot on the BTC pair without breaking to the upside, sometimes it just wicked up and kept going down. So in my opinion its something to watch out for, not to gamble on.Note
totally lost. long downtrend ahead. Already +15% on short position 1 from post earlier entry 0.1880.Note
Short was closed at stop loss in profit and its now looking very bullish crossing the 99DMA on the BTC chart. Bias flipped.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.