DOGE/USD – H4 Vision
The short-term (ST) flow remains clearly bearish, while the long-term (LT) trend remains neutral.
I am currently observing an impulse/correction structure, with the price potentially heading towards the Fibonacci Golden Zone. This zone could offer a rebound opportunity to consider a bullish continuation, provided a valid technical signal appears.
A wedge appears to be forming, which could reinforce the idea of an upcoming technical reversal.
🎯 For further confirmation, I am also monitoring a potential EMA 7 / SMA 20 crossover on this timeframe, which would increase the likelihood of a bullish move.
🛡️ Stop-loss to be adjusted according to your own risk management.
📌 Analysis for educational purposes only – this is not investment advice.
The short-term (ST) flow remains clearly bearish, while the long-term (LT) trend remains neutral.
I am currently observing an impulse/correction structure, with the price potentially heading towards the Fibonacci Golden Zone. This zone could offer a rebound opportunity to consider a bullish continuation, provided a valid technical signal appears.
A wedge appears to be forming, which could reinforce the idea of an upcoming technical reversal.
🎯 For further confirmation, I am also monitoring a potential EMA 7 / SMA 20 crossover on this timeframe, which would increase the likelihood of a bullish move.
🛡️ Stop-loss to be adjusted according to your own risk management.
📌 Analysis for educational purposes only – this is not investment advice.
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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.
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.