Dogecoin
Short

DOGEUSD: Channel Down continuation. Short.

2 144
DOGE is extending the recently emerged 1D Channel Down, declining but on a very low gradient (RSI = 51.012, STOCH = 27.092, Williams = -71.429). The bearish trend should be a very long process, unlike the aggressive rise of September. It does remain bearish though on the long term based on the recurring 1W patterns. Our short position on DOGEUSD is intact with TP = 0.0045.

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