in daily, it is literally in an uptrend - creating the impulse -
up 0.5 fib |+ daily support |+ supp;y zone impulse broke last high, structure broken - uptrend - 123 move - RSI oversold yestdy close enter if engulging
IN 1HR, THE TREND IS IN DESCENDING TRIANGLE AND CREATED A SYMETRIC MICROSTRUCTURE TRIANGLE. WAIT FOR BREATOUT. MOSTLY TO UPTREND. breakout confirmations are very powerful here becz the trend is in a trendchannel, microstructure created inside it. so may not a retest.
price completed double top pattern. rsi shoeed the price is at oversold. 4hr res + 0.82 fib + S2 PIVOT POINT should wait until candl confirmation 1d, price completing d top so bullish (long term uptrend as trend is above 200) DOWN 4HR totally in downtrend as 3ema.
1hr - trend is totally in a downtrend as 3ema indicator price in a trend channel and zig zah made a bearish reversal candle in 4hr, a good bearish momenum with momentum candle - bearish mode and in a downtrend as 3ema in 1d, price is bearish so far as the trend graually acrossed 200 ema too. but the price is at 1d demand zone price may continue to 1h/...
4hr, a huge bearish inverse hammer started the trend + 4 hr trendline + 30 ema provide support + 200 ema long term uptrend 4HR/ 1HR TRENDLINE ABOVE CONSOLIDATION AND A HUGE BEARISH INVERSE HAMMER SHOWED BUYERS REJECTION. 200 EMA PROVIDE ANOTHER SUPPORT. SINCE 4HR ALSO, BULLISH MARKET MAY GO UP
1hr, trend at lower level at trend channel trend started at 4 hr trendline + 1hr trendline + 50ema support and bit consilidated above confluence area. since daoly + 4hr bullish sentiment, then market may go up to go up, trend at lower support + 50ema + consolidated above lower purple - 1hr 1d - bearish candle at trendline so bullish sentiment 4hr - trend...
4hr, bearish candle rejected from daily pivot + 4hr trendline + support 1d - bullish candle creating at 1d daily ctrendline (20/sep/20) +pivot reversal candle + 4hr support + 1 hr suport + rsi o/s. 4hr trendline at 4 hr support not a poc becz it is at a significant distance from trend reversal
MID-RANGE BROKEN BY BEARS AND RETRACE TO MID-LINE TO VALIDATE IT AS A STRONG LEVEL. CONFIRMATION WAIT TO SEE THE NEXT CANDLE. IF NEXT CANDLE BEARISH CANDLE AND CLOSE BELLOW THE OPEN OF PREVIOUS BULLISH CANDLE THEN GO SHORT
Do not trade if you are concern about stop loss/ risk-reward ratio
HOT, unable to break this consolidation area because the volume of these 3 candles is not enough strong to break this consolidation.
Triangle broke with a high-volume candle. again break out retraced and started the reversal again from the FIB level 0.5. and it is likely to go to the next FIB level at 0.0150.
History repeats. The third high jump is soon, but not as previous. only it will be up to 0.0649 resistance level.
symmetric triangle is creating with 5 attempts in the support line. Buyers are getting powerful and demand increasing. in a retest stage after break out. perfect set up for Doge and the coin will be up after the next few days. Fundamental news is good as Elon Musk tweet and yahoo finance news.