Possible to give a retracement back up to grab all the liquidity before a continued move downwards
So far looking good to the previous analysis after the break retest of trendline it’s captured my tps of 170-180. Now looking to see how it reacts to the 170 support, a fail would bring it down to 140s support to grab more liquidity
62k is looking promising from earlier analysis. Looking at the chart it has a double top and a M formation. Due to this, if it fails the 62k support it will head down to 50k
Doge broke under trendline and retested it so chance for it to continue downward to .14-.19 to grab liquidities
There is good liquidity to grab down at the lower support bottom blue box Tp5 is down there and looks like it’s on its way down to it A short was given last night at 8pm wasn’t active to share it Came down to support , respected it and looks to be coming up for a retest Before continue move downward
A short was given last night at 8pm wasn’t active to share it Came down to support , respected it and looks to be coming up for a retest before a continued move downwards
A short was given last night at 8pm wasn’t watching to share it Came down to support And respected the support could be coming up to resistance red box for a retest of ascending triangle and a continue move downward
4hr timeframe 1097 trades 97% win rate 300% gain
1hr timeframe 99% win rate over 595 trades 152% gain 1k-2500 Btc is in a ascending triangle, breakout from it could send it to 73k If going off the indicator it’s giving the breakout trade for it also where the trade currently hit tp2 and tp4 is showing 73365 but has 2 resistances to get through the sl is set below the triangle too and below support
Bounce from support could bring ATH retest and breakout of 20-40$