DOGE - AT A GLANCE
M1 : What else ? Doji pattern in progress with extremely long shadows !
W1 : Currently below the weekly pivot level of 0.4108
D1 : Ongoing downtrend price action
H4 : Facing clouds resistance area and currently below TS
and MBB
H1 : Triangle pattern, trigger level activated target 0.2900
currently below the clouds
M30 : In an ongoing downtrend channel, below the middle of this
channel !
M15 : Former support trend line (in green) broken, below the clouds
M5 : Below the clouds
CONCLUSION:
THE TREND REMAINS ORIENTED TO THE SOUTH AND ONLY A CLEAR BREAKOUT
OF THE 0.3800 AREA WOULD FORCE TO A VIEW REASSESSMENT OF MY EXPECTED
BEARISH SCENARIO CALLING FOR LOWER LEVELS !
W1 : Currently below the weekly pivot level of 0.4108
D1 : Ongoing downtrend price action
H4 : Facing clouds resistance area and currently below TS
and MBB
H1 : Triangle pattern, trigger level activated target 0.2900
currently below the clouds
M30 : In an ongoing downtrend channel, below the middle of this
channel !
M15 : Former support trend line (in green) broken, below the clouds
M5 : Below the clouds
CONCLUSION:
THE TREND REMAINS ORIENTED TO THE SOUTH AND ONLY A CLEAR BREAKOUT
OF THE 0.3800 AREA WOULD FORCE TO A VIEW REASSESSMENT OF MY EXPECTED
BEARISH SCENARIO CALLING FOR LOWER LEVELS !
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.