DOGE Dogecoin May Be In For A Deeper CorrectionShort term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100 just recently and now the 50 is crossing over the 200 on Litecoin. If Bitcoin drops to 50s then expect this to happen 100% and possibly even lower targets as the new people who just got in with their rent money sell at the bottom. Could be a fire sale if a person is in the right place at the right time. Not financial advice just my opinion , Good luck out there
A closure above the 100 SMA blue line and then the previous high on a 4 hour candle would invalidate this whole thing and Doge will continue its rally to crazy new all time highs. Im leaning towards a correction on this one.
WEAR AN EXTRA SHIRT IN CASE YOU LOSE THE FIRST ONE :)