CryptoGuru369

DOGE Descending Triangle! Be Prepared for a 10% Drop Soon!

Short
BINANCE:DOGEUSDT.P   Dogecoin / TetherUS PERPETUAL CONTRACT
$DOGE is printing a descending triangle. The measured move for the descending triangle brings price to about $0.115, which is confluent with horizontal support and about a 10% decrease in price. This move will be initiated with a 2H close below the yellow support line!

Potential Doge Short Position
This setup is invalidated with a 4H close above the range high at $0.1365

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Do you think $DOGE is going to break below support or do you suspect price will continue its ascent?!?!

Let's get this crypto!

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Not financial advice. Imperative everyone conduct their own research prior to any trade and/or investment!
Comment:
$DOGE is looking pretty heavy! Let's go bears!!!
Comment:
$DOGE still looking heavy! Bulls need to step in soon, else we'll see a nice little plunge!

Comment:
And $DOGE starts a little spill!!!

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Let's go BEARS!~

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WOW, the BEARS came out to play today! Bulls trying for a little bounce here!

Let's get this crypto!!!

Comment:
Ooops, the bears jumped out the window!!

I bet Elon is short!!!!

Comment:
What a trade!!! Bears really kicked ass this round!~ Final TP hit, then a quick wick up! Will be looking for other resistance zones to take additional shorts from!

Comment:
Go BEARS!

Comment:
This is what needs to happen for the bulls to remain in control!

If price breaks through resistance at $0.13225, then I would be looking for a move up towards $0.14525 with continuation higher likely!


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