Doge Tail

We should be nearing the completion of the cycle.

If we stay on course (green channel), this could signal a bottom and trend reversal.

If we break the trend (below the green channel) and support, invalidated. Continue to next support around 0.25.

Not investment advice, do your own DD & research.

Kommentar:

There will be heavy resistance upward about where the trend line is, and again around 0.42. Downward resistance at .025 (perhaps a wick touch off of 0.22).

See updated idea.

Kommentar:

Broke through upper resistance. Waiting for confirmation of breakout tonight and tomorrow, onward. Expect another leg down, perhaps to .27 and then back up to around .45-.47 to consolidate.
Will be watching closely, good opportunity upon breakout when it happens.

Kommentar:

No confirmation.

Downtrend continuing.