Crypto_Jay

DOGE/BTC / 4h / Possible exit

Largo
Crypto_Jay Actualizado   
BINANCE:DOGEBTC   Dogecoin / Bitcoin
This is not financial advice, this is just my perspective.

0.786 level has been a point of exit for many of these kind of moves. but we can't forget this is doge and doges tend to do whatever they want.
Will it finish the pattern or will the 0.5 fib level remain support?

Let me know what you think.


Don't forget to follow if you would like to see more alt coin charts in the future. Bless you all.
Comentarios:
We are testing the .50 fib retracement from last uptrend,
also bouncing back of the 20 EMA,
This could be the bottom before another uptrend.

We are currently in a low volume wave hanging around 115 - 125,
a wave like this usually occurs before a big move.
.00000154 is the resistance to break
I consider closing candles below .00000115 that we broke support.

The order book on this one is crazy,
if you want to set up a stop loss, don't wait too long.

Be aware that these moves come in high risk/reward.
Operación cerrada: objetivo alcanzado:
Closed all my exits at .200
There could be more but I prefer not taking the risk.
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