Don’t know what Doge will do...I’d imagine keep going down for a bit but who knows. I’m mot necessary bearish but I’m not very bullish. BUT if this candle closes with a pin bar and I get a bullish engulfing I’m going long for a scalp on a pull back.
Resistance Weakening. Give us a Doge tweet Elon.
I like the way Doge is looking. It’s faring better than many other coins! It resisted the recent lower low, it honors three different fib levels, many bullish engulfing candles, and Doge day(420) is coming up. Doge is a tricky read but to see how it’s sustaining compared to other coins, plus the price action has me holding for another pop!
Bullish engulfing....we'll see how it closes. Fib test, lower level ema bounce.
I like this late but still valid KSM set up. Promising ALT coin IMO. I think some of these coins below the top 10 will get some love soon. This bad boy shot up now it has been ranging waiting for its next move. I see a perfect golden fib test as well as daily divergence. Dropping down timeframes I see a good pull back that seems like a good entry. Minimum RR is...
Entered on level of retest. Looks like it may come down for a double bottom or push through further. Stop is just below level. I like the ema bounce and pin bar on level. Also lines up with fib.
Holding unless it goes below 4.5. It’s gotta pull back though. Will look for reentry positions as it craps out.
Divergent currently. Should pull back a decent bit. Looking for retest 🤠
These are the levels I will be watching to take advantage of a break and retest. I will be looking for pin bars or double bottoms on these levels, with an added confluence of divergence and ema bounce. I do not rely on these indicators but having one of them agree strengthens a trade.
Looking for a break and retest trade on ETH. Watching for RSI divergence and waiting for a possible fib test and with on recent level of resistance.