Update of the previous analysis. The red Median Line looks to be catching the trend. Dynamic Res and Sup on watch, but this DOGE could do everything.
Holding long with .05 pmc.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But...
Andrews has taught that if price crosses the Median Line without halting there it is sign of strong bullish move and that in this scenario movement is expected till the other parallel. Mostly price comes back to retest the Median Line within 3 days thus giving a good entry. It is the perfect example to the technique. Pitchfork seems reasonable so one can expect...
