Get ready for some potential fireworks with DOGE🐕
💎 Paradisers, #DOGE may experience a pullback to the Fair Value Gap (FVG) zone to capture the inner range liquidity.
💎This FVG zone, previously a resistance, has now potentially transformed into a support. This critical level of #DOGEUSDT is further bolstered by the 0.618 and 0.768 Fibonacci levels, which could facilitate a bounce. However, confirmation in the form of a Change of Character (CHoCH) and Break of Structure (BOS) towards the bullish market structure is needed.
💎Should this area break down, we might expect a rebound from the bullish Order Block (OB), but again, confirmation is necessary here as well.
💎However, if both of these levels break down without displaying any bullish signals, it will be considered bearish. In such a scenario, I would prefer to ignore it.
💎This FVG zone, previously a resistance, has now potentially transformed into a support. This critical level of #DOGEUSDT is further bolstered by the 0.618 and 0.768 Fibonacci levels, which could facilitate a bounce. However, confirmation in the form of a Change of Character (CHoCH) and Break of Structure (BOS) towards the bullish market structure is needed.
💎Should this area break down, we might expect a rebound from the bullish Order Block (OB), but again, confirmation is necessary here as well.
💎However, if both of these levels break down without displaying any bullish signals, it will be considered bearish. In such a scenario, I would prefer to ignore it.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.