Dogecoin / TetherUSДлинная
$DOGE Wyckoff Sign of Strength!
We have been following the BTC pair as well and all things line up for expansion here on DOGE.
This would be the sign of strength after retesting the inflection zone, which was your partial decline of the smaller range.
We should expect to see a move to the top of the range around 14-16 cents next and another bu / consolidation, high and tight, likely reclaiming the yellow zone lows.
After that, the target would be the 1618 extension at 30 cents, and likely a push above the distribution zone after a correction of some kind.
We have an open trade setup on doge already, this is an update and harder to manage risk here, but we should not lose .07799 from here on out.
This would be the sign of strength after retesting the inflection zone, which was your partial decline of the smaller range.
We should expect to see a move to the top of the range around 14-16 cents next and another bu / consolidation, high and tight, likely reclaiming the yellow zone lows.
After that, the target would be the 1618 extension at 30 cents, and likely a push above the distribution zone after a correction of some kind.
We have an open trade setup on doge already, this is an update and harder to manage risk here, but we should not lose .07799 from here on out.
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