Dogecoin Analyze (Short term, Timeframe 4H, 11/01/2022)!!!🐶

Updated
After the purchase of Twitter by Elon Musk, we saw an increase in the price of Dogecoin.

It seems that the growth of Dogecoin has reached an important resistance zone, and the bearish reversal candlestick pattern also confirms my words = 🌟Shooting Star Pattern🌟.

Also, we can see a Regular Divergence (RD-) between the Price and RSI indicator.👇

snapshot

I expect Dogecoin will go down at least until the support zone.

Dogecoin Analyze (DOGEUSDT) Timeframe 4h⏰ (Log Scale)

Do not forget to put Stop loss for your positions (For every position that you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

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Trade closed: target reached
BTCUSDBTCUSDTCandlestick AnalysisdogeDOGEBTCdogecoindogecoinanalysisdogecoinusddogeusddogeusdtSupport and ResistanceTrend Lines

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