Dogecoin Analyze (Short term, Timeframe 4H, 11/01/2022)!!!๐Ÿถ

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After the purchase of Twitter by Elon Musk, we saw an increase in the price of Dogecoin.

It seems that the growth of Dogecoin has reached an important resistance zone, and the bearish reversal candlestick pattern also confirms my words = ๐ŸŒŸShooting Star Pattern๐ŸŒŸ.

Also, we can see a Regular Divergence (RD-) between the Price and RSI indicator.๐Ÿ‘‡

์Šค๋ƒ…์ƒท

I expect Dogecoin will go down at least until the support zone.

Dogecoin Analyze (DOGEUSDT) Timeframe 4hโฐ (Log Scale)

Do not forget to put Stop loss for your positions (For every position that you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

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BTCUSDBTCUSDTCandlestick AnalysisdogeDOGEBTCdogecoindogecoinanalysisdogecoinusddogeusddogeusdtSupport and ResistanceTrend Lines

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