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FieryTrading
Jul 18, 2021 1:26 PM

🔥 DOGE Bearish Triangle Continued Short

Dogecoin / TetherUSBinance

Description

A week or two ago I made an analysis on DOGE and the future moves of this coin. In this analysis I noted that it was highly likely for DOGE to follow the bearish triangle and see more bearish price action.



Currently, DOGE is residing in the red major support area. Previously I noted that I was expecting a reversal here. A minor pump has occurred last night, but it seems that DOGE is not able to breach through the blue resistance with BTC being very weak at the moment. I'm expecting a further drop towards the $0.16 area, potentially even lower if BTC decides to move below 28k.

Happy trading!
Comments
Yuriy_Bishko
Interesting idea 🔥
egyedt
@Yuriy_Bishko, What do you think ? Is it a good time to buy now ?
egyedt
What do you think ? Is it a good time to buy now ?
Helical_Trades
Totally agree! 🔥🔥 🦐
ShawnMCR
Nice insight. Thanks for sharing
P_S_trade
Nice chart
UnitedSignals
I have similar expectations here bro!
ProjectSyndicate
killing it lately, great work
ForexTrendline
Lovely prediction, very accurate!
cryptotraderog
waiting for the breakout, one way or the other. thanks for sharing.
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