tradesbyrogers

DOGE/USD MARKET BREAKDOWN ANALYSIS

Long
BINANCE:DOGEUSD   Dogecoin
Hello users , here's a full explanation on doge/usd we had a good downfall on doge for the past months it was making a quite sweet retracement from the bigger timeframes we all know price does not rise directly their fore measured my Fibonacci i expected a good retracement to the 0.382 monthly and a push back up dropping to the daily timeframe you can see a beautiful W formation and after every W we want to see a good retracement to the neckline and a push back up all timeframes support a push back to the upside the next push is going to be around 0.30 and above to my -0.272 level of Fibonacci ii use h4 as my entry timeframe that's why i displayed it front .

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