Hello my Fellow TraderZ,
I hope you guys have seen my yestedray's post where I mentioned about this move was expected and again we have nailed it with whoopy PUMPA.
Today I will be sharing my view on Daily TF and what could be expected.
Right now $DOGE is facing its major Resistance zone lies here.
If clears this zone, it has no further strong barriers to $0.2 - $0.23 which is another 40-50% move from here.
But the concerning point is that the RSI on DTF is extremely overheated + a clear cut BEARISH DIVRGENCE on 4 HTF and so I'm expecting a healthy pullback with drawdown of ~25-35%.
Also if you see with increasing price, Volume bars are going down which generally indicates the exhaustion of fuel to the PUMPA.
So be cautious and make yours' entry carefully on either side.
CHEERS!!!
I hope you guys have seen my yestedray's post where I mentioned about this move was expected and again we have nailed it with whoopy PUMPA.
Today I will be sharing my view on Daily TF and what could be expected.
Right now $DOGE is facing its major Resistance zone lies here.
If clears this zone, it has no further strong barriers to $0.2 - $0.23 which is another 40-50% move from here.
But the concerning point is that the RSI on DTF is extremely overheated + a clear cut BEARISH DIVRGENCE on 4 HTF and so I'm expecting a healthy pullback with drawdown of ~25-35%.
Also if you see with increasing price, Volume bars are going down which generally indicates the exhaustion of fuel to the PUMPA.
So be cautious and make yours' entry carefully on either side.
CHEERS!!!
