Seems like a good short position. Just sharing the idea and I think it would e better to wait for the next candle since this one right now is forming a doji candle!
in my opinion there are chances that this flag breaks and we'll see 11.000 to 9.000 dollar BTC once more. it's also possible that the downward trendline breaks and then we go up ... let's see.
I'm not optimist about it !
I've been trying hard to find a pattern in DOGEUSDT since it started to correct the price, but it was not clear to me at all.
But with "That Candle" which almost gave us a heart attack, I'm thinking maybe a wedge is about to emerge! and the candle also showed us "That significant area".
So as much as I've read in books, the price mostly tends to break the pattern...
I've been trying hard to find a pattern in DOGEUSDT since it started to correct the price, but it was not clear to me at all.
But with this candle that almost gave us a heart attack, I'm thinking maybe a wedge is about to emerge! and the candle also showed us That significant area.
so as much as I've read in books, the price mostly tends to break the pattern when...
If by any chance in the next 20 hours the right shoulder completes the pattern, and the price breaks the pattern upward with a good volume, then the target on the chart will be achievable.
So keep an eye open for it! :P
As it is shown, the price had a great reaction to Fibo 0.618 which is a very important one of Fibos and mostly the price tends to stop and reverse. which ADA has done it.
Now in my opinion which is uncertain, there are to possibilities,
The price either goes down again to touch the long time channel , or it goes up to the next Fibo.
My strategy:
1- If the price...
