I figured my 1st published idea in the new year should be about crypto.
I believe Doge is in a pullback phase and should resume to rally afterwards, but there's continuation areas that can potentially assist in pushing price back up. Looks as if price is heading right for one of them areas, but if price action doesn't "respect" it then I would look to take it to the next level that can support it which would be even lower.
I would observe this drop from the sidelines until price action shows me otherwise then I would patiently wait for my turn to execute. I would also execute after price action B.A.R. the highs. We shall see. NOT TRADING ADVICE!
It's been a minute since I've been on here to express my ideas with you all, but it feels good to be back! Happy New Year & Happy Trading!!
I believe Doge is in a pullback phase and should resume to rally afterwards, but there's continuation areas that can potentially assist in pushing price back up. Looks as if price is heading right for one of them areas, but if price action doesn't "respect" it then I would look to take it to the next level that can support it which would be even lower.
I would observe this drop from the sidelines until price action shows me otherwise then I would patiently wait for my turn to execute. I would also execute after price action B.A.R. the highs. We shall see. NOT TRADING ADVICE!
It's been a minute since I've been on here to express my ideas with you all, but it feels good to be back! Happy New Year & Happy Trading!!