DogeBTC- Diamond Pattern
Technical analysis is a subjective area, when a person point of view can be different with the others .No traders are wrong when they opened (a) position(S) based on their analysis until the market proves em wrong
However based on what i spotted in DogeBTC weekly and monthly chart , i am assuming DOGE/BTC is forming a "Bottom" Diamond pattern, which can be intrepeted there is a possibility this is a Bullish Reversal pattern , which has good probability to hit maybe 200 sats area
Or this is maybe a bearish continue pattern which has probability to hit under 1 sats area ) depend on breakout direction.
Well, under 1 sats area , and i will be happy to hear if doge delisted from their current exchangers.
Lets us wait with patience to see a clear confirmation which directions doge will move
However based on what i spotted in DogeBTC weekly and monthly chart , i am assuming DOGE/BTC is forming a "Bottom" Diamond pattern, which can be intrepeted there is a possibility this is a Bullish Reversal pattern , which has good probability to hit maybe 200 sats area
Or this is maybe a bearish continue pattern which has probability to hit under 1 sats area ) depend on breakout direction.
Well, under 1 sats area , and i will be happy to hear if doge delisted from their current exchangers.
Lets us wait with patience to see a clear confirmation which directions doge will move
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