DOGE ON DEMAND FLOOR AND POSSIBLE UPSWING ON SENTIMENT
2024-12-25
Category: None

SHAVYFXHUB strategy applicable to anything tradable in the financial market,
doge after breakout of weekly ascending trendline ,retested and rejected 0.2699 as new demand floor after break of supply roof .
price will continue to upswing based on sentiment and market structure.
on higher zone two strong weekly candle broke a demand floor which has  multiple weekly candle rejection on our trend angle. Retest is likely ,but liquidity grabs from 0.5 level is possible before selling to respect the broken demand floor.
but weekly candle break and close above supply roof invalidate our retest ideas ,indicating that buyers are going long.
caution; be careful and wait for weekly candle close for clear directional bia