Will the market turn bullish or bearish after this Pin Bar?
Channel breakout and surpassing the price of 0.33397, followed by a corrective move in Dogecoin based on the analysis on January 27 and a correction down to 0.20145.
After a corrective move and the formation of a Pin Bar candle, if a bullish move forms at 50% of the Pin Bar’s shadow, we can expect a rise up to 0.30695. Otherwise, the current movement will continue.
After a corrective move and the formation of a Pin Bar candle, if a bullish move forms at 50% of the Pin Bar’s shadow, we can expect a rise up to 0.30695. Otherwise, the current movement will continue.
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