Doge to decide its path in the next couple of days
imo it has a stronger chance in falling down
reasons:
1. h&s
2. inverse cup and handle
3. little to no volume
4. decending triangle
bullish scenario (less likley)
1. falling wedge
2. voulme squezz
3. very strong rejections from the below support marked in blue
how we trade? simple wait for a break up or down, retest, if succufull open a postion accordingly, will update once a breakthrow happens to eaither way
imo it has a stronger chance in falling down
reasons:
1. h&s
2. inverse cup and handle
3. little to no volume
4. decending triangle
bullish scenario (less likley)
1. falling wedge
2. voulme squezz
3. very strong rejections from the below support marked in blue
how we trade? simple wait for a break up or down, retest, if succufull open a postion accordingly, will update once a breakthrow happens to eaither way