RizeSenpai

CDOGEUSDT: Bullish Consolidation at 61.8% Retrace and Support

Long
PANCAKESWAP:CDOGEWBNB_42B717.USD   CYBERDOGE / WRAPPED BNB on BSC (42B717...253BBC) in USD
After what has been a fast and aggressive 32% Decline, CDOGE has formed a Double Bottom with MACD and RSI Bullish Divergence at the 61.8% Retrace which happens to align with Support and now has climbed back above the 21SMA. With all this in mind I think we will come back up to Square Up and undo that big bearish candle and i addition to that I think we could be setting up for an AB=CD BAMM which would take us up to the 1.618 Fibonacci Extension.

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