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 = ๐Shooting Star Pattern๐.
Also, we can see a Regular Divergence (RD-) between the Price and RSI indicator.๐
I expect Dogecoin will go down at least until the support zone.
Dogecoin Analyze (DOGEUSDT) Timeframe 4hโฐ (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.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
It seems that the growth of Dogecoin has reached an important resistance zone, and the bearish reversal candlestick pattern also confirms my words = ๐Shooting Star Pattern๐.
Also, we can see a Regular Divergence (RD-) between the Price and RSI indicator.๐
I expect Dogecoin will go down at least until the support zone.
Dogecoin Analyze (DOGEUSDT) Timeframe 4hโฐ (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.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
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๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me๐ t.me/Ad_ProTrader365