DOGEUSD H16: 50% correction warning S/R broke down(SL/TP)(NEW)

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DOGEUSD H16: 50% correction warning S/R broke down(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
NOT a setup to SHORT DOGEUSD. Just showing
signs of weakness and recommend to stay out
of this market into the correction.
Before discarding my warning review my other
correction warning from September 2021
ATOMUSD D1: PRICE/ RSI DIV WARNING / 65% correction(SL/TP)(NEW)
ADAUSD D1: PRICE/ RSI DIV WARNING / correction MODE(SL/TP)(NEW)

🔸 Summary and potential trade setup
::: DOGEUSD 16hour chart review
::: LOG SCALE chart
::: not a great looking chart
::: triangle broke down key S/R level
::: S/R was re-tested and we are still flushing
::: price/ RSI div very clear on D1/H8 TF
::: expecting correction/pullback mode
::: pullback required to attract
::: new buyers from the lows
::: 40-60% correction possible next
::: 4-8 weeks in Q4/Q1 2021-2022
::: right now no upside in this market
::: position traders should wait for
::: better entry prices later after
::: correction MODE up next
::: be careful don't get caught up in this
::: also overextended right now
::: BULLS remain on sidelines and
::: be ready to BUY LOW later
::: recommended strategy: SHORT SELL RIPS/RALLIED
::: TP BEARS is +50% gains
::: BULLS stay out until correction is over
::: SWING TRADE: SHORT/HOLD IT
::: correction run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: BEARS/CORRECTION

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