We can see that Dogecoin is giving us a perfect example of an impulse. We are currently in wave 4 and looking for a breakout. For confirmation, we are waiting for the break of the red trendline.
Trade Idea:
- Watch for breakout using the red trendline as confirmation
- price to stay above blue structure = invalidation level below blue structure
- Targets: 0.75, 1, swing target 4
Goodluck and as always, trade safe!
Trade Idea:
- Watch for breakout using the red trendline as confirmation
- price to stay above blue structure = invalidation level below blue structure
- Targets: 0.75, 1, swing target 4
Goodluck and as always, trade safe!
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