An updated idea of the previous doge analyses on 1 hour chart.
In the 15 min chart we have to options comming upp.
A. We stay above the trendline forming a green cloud and lagging span is over price. Showing a short term bullish action. This is supporting my previus analyses.
If this happens i will put long position. Takeprofit = laggingspan hits green candle. Stop-loss = beyond trendline.
B. If Bitcoin stays drops down further i expect Doge to test the lower trendline again. If the trendline holds i will put long position.Takeprofit = laggingspan hits green candle. Stop-loss = beyond trendline.
Major whaleshopping at these lower Bitcoin levels. Personaly i dont belive Bitcoin will go lower than 32k. This is big stockup zone for wales. They wont allow to lose money.
Its bloddy sunday and big G9 FUD also. I expect bullish momentum on monday.
Please comment my analyses. I am pretty new at futurestrading.