These are levels that I'll be keeping an eye on when dealing with DOGE/USD, and I'll revise as price action progresses.
I adapt to the change in money flow.
My analysis is always based off of HTFs and then I utilize the smaller ones in order to correlate with what I saw from high up. Major support is being tested again, and I believe that we might witness some manipulation in the market sooner than later due to what's forming from a higher perspective. I wouldn't be surprised if P.A. whipsaw a bit.
I'm currently anticipating a reversal in price, bear's favor between $0.21 - $0.23, and for liquidity to change hands around the $0.18 level. Other than that I would wait for the $0.23 level to be breached, bull's favor. We shall see...
I adapt to the change in money flow.
My analysis is always based off of HTFs and then I utilize the smaller ones in order to correlate with what I saw from high up. Major support is being tested again, and I believe that we might witness some manipulation in the market sooner than later due to what's forming from a higher perspective. I wouldn't be surprised if P.A. whipsaw a bit.
I'm currently anticipating a reversal in price, bear's favor between $0.21 - $0.23, and for liquidity to change hands around the $0.18 level. Other than that I would wait for the $0.23 level to be breached, bull's favor. We shall see...
Note
I believe we might see price reach the $0.18 area, but that's what I want. 👀Note
P.A. has moved into more than 50% of the range which is good as it is seen as "clearing a path" for when it actually start to head higher up.Note
It surpassed the target, slowly but surely moving up.Note
1st D.B. ever created from a higher perspective. I believe that we'll be witnessing Doge making new A.T.H. in the near future. Just my thought's and nothing more, nothing less.
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Disclaimer
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.