Right now, is probably a good moment to open short positions.
The price reached the level I was pointing to, just perfectly!
It's incredible how accurately rules, norms and relationships are working. I am amazed every time when see in action the power of the principle.
Hope you were in time to open short positions. My base scenario - I am anticipating Dogecoin at 0.118 - 0.085 USD now and well bounce after this. Be careful, we will have the reverse confirmations upon usdt.d consolidates above 5.20%.
Consolidation below 5% will indicate a massive uptrend continuation.
PS: one more important observation is - I had my doubts whether price could go out of trend, within 2 & 4 waves. Within this formation we see a strong test, but not a break (as of now). This shows that a simple forecasting tools are one of the most reliable.
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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.