Dogecoin - False breakout in play?
2024-12-13
Category: None

This is an update to my previous post about Doge.
Last analysis was a bullish triangle play, the analysis has now been changed alongside my view on this coin.

Price have printed a turtle soup at the recent high after a good run to the upside.
Price have broken out of the pattern and now retested.


I am now short based on the retest with a SL of 0.4360 

I am now curious to see if my thesis is right and if Doge rolls over i will taget 0.15 area where we have a old major channel that is visible on the 4H if you zoom out alot.