Hello Traders and everyone, I am HADI KARAALI, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
As we said from the last video analysis here is a new update analysis For DOGE coin
As we can see and said, price broke above 0.1 resistance zone and now acting as support zone RIGHT !
So for now and for a long and medium term perspective we are bullish
However, from a short term perspective we are now bearish after breaking below this major swing low and traded inside this channel
For the bulls to kick in again for the next impulse wave we need a new swing high around the trendline then a break as shown in the picture
Until that happens we are bearish and we can still trade lower to test our support zone
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
As we said from the last video analysis here is a new update analysis For DOGE coin
As we can see and said, price broke above 0.1 resistance zone and now acting as support zone RIGHT !
So for now and for a long and medium term perspective we are bullish
However, from a short term perspective we are now bearish after breaking below this major swing low and traded inside this channel
For the bulls to kick in again for the next impulse wave we need a new swing high around the trendline then a break as shown in the picture
Until that happens we are bearish and we can still trade lower to test our support zone
and as usual follow your trading plan and manage your risk.
Be patient and good luck!