DOGEUSDT printed a double top pattern followed by a series of Lower Highs and Lower Lows along with Shooting Star candles on the previous Lower Highs which suggests continuation of downward momentum. Using the Fib tool, an Entry Price, Stop Loss and Profit Levels are defined with 1:1 Risk Reward Ratio.
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Target 1 hit! Well on it's way to the second target.
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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.