After breaking out of the TL line, Dogecoin now reached a support and reacted.
It is expected to move towards the upper SUPPLY and then reject towards the lower FLIP range and then move upwards.
Dogecoin previously pulled back to this level with candles, but we need a wave pullback to this level. We enter the buy/long position when the candles reach the flip level
Fixing a daily candle below the green range will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
It is expected to move towards the upper SUPPLY and then reject towards the lower FLIP range and then move upwards.
Dogecoin previously pulled back to this level with candles, but we need a wave pullback to this level. We enter the buy/long position when the candles reach the flip level
Fixing a daily candle below the green range will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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The first move of the doge was made, from the white box to the red box, 21% was pumped
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