Could long this falling wedge which would form the upthrust after distribution. I would take profits at the UT high ($0.158), price may break the UT price but better to exit vs be greedy for that UTAD higher high. And with that, that would be the best spot to open a short as the next steps in Wyckoff Distribution shows a markdown after the UTAD & test(Upthrust after distribution). And this is the highest point before the markdown. stop loss is set at a max of the 1.618 fib from the UT high to the falling wedge low. That would be the highest i see DOGE reaching before quickly returning to the trading range and then testing the top and failing to hold and dump as the schematic suggests.
Note
Inverse head and shoulders at the bottom of the falling wedge, holding neckline so far
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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.