Here we have the 3D chart. We could possibly be in a 335 flat correction.
This would make the next wave (wave C) 5 waves.
Trade idea:
- Entry on break of red trendline
- stops below the lows after trendline break
- Targets: 14, 16, taper
Goodluck and as always, trade safe!
Technical analysis:
. DOGECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support...
