Dogecoin didn't have much of a recovery after the latest sell-off. The automatic rally (AR) was unconvincing, on very low demand, and subsequent upthrust actions have resulted in failures to rally (FtR) with huge effort in volume not equaling any sizable result in the price action. This, plus the rising wedge-like structure of the candles and overall supply predominance all point to possible redistribution. These formations are typically the "B" correction in the ABC portion of the Elliot Wave after the final impulse wave (wave 5) tops out.
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Stop getting smashed and start winning in crypto. My charts will teach you how! If you like big wins and big money, be sure to SUBSCRIBE to this channel. Here's why: I track all USD-paired cryptocurrencies on all the major CEXs and seek out the most lucrative swing trades. All my charts are clean and easy-to-follow with exceptional win rates ranging consistently between 80-85%. Check out my chart history and see for yourself.
I've been a full-time cryptocurrency swing trader and investor since 2017. My technical analysis is based on a combination of Wyckoff, VSA, EWT & Fibonacci ratios. I never shill and only chart crypto assets I invest my own money in. My success over the years has allowed me to do this full-time. You are welcome to piggy-back my strategies at your own risk.
**Not a financial advisor. Always DYOR and trade at your own risk.
Be sure to LIKE and SUBSCRIBE if charts like these are beneficial to you.
Stop getting smashed and start winning in crypto. My charts will teach you how! If you like big wins and big money, be sure to SUBSCRIBE to this channel. Here's why: I track all USD-paired cryptocurrencies on all the major CEXs and seek out the most lucrative swing trades. All my charts are clean and easy-to-follow with exceptional win rates ranging consistently between 80-85%. Check out my chart history and see for yourself.
I've been a full-time cryptocurrency swing trader and investor since 2017. My technical analysis is based on a combination of Wyckoff, VSA, EWT & Fibonacci ratios. I never shill and only chart crypto assets I invest my own money in. My success over the years has allowed me to do this full-time. You are welcome to piggy-back my strategies at your own risk.
**Not a financial advisor. Always DYOR and trade at your own risk.
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