dikoex

Doge on the news

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BINANCE:DOGEUSDT   Dogecoin / TetherUS
It was some special on dogecoin. All that we like. From news about twitter and show of Elon Musk Doge showed good growth. but nothing lasts forever. As we see the prise formed one local high and then received a response from the seller. But bulls not didn't give up. And after the formation of a structural high bottom. The price rushed to update the structure. Behind which a large number of sellers' orders were formed. Having collected the necessary liquidity. The price received a second reaction and formed a block of orders and rushed down with the breaking of the previous structural element. Based on this, we can conclude the local 1 hour structure is broken, and if buyers want to take revenge. It is necessary to rebalance the price in the zone below 0.5 fibonacci
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