Dogecoin
Updated

DOGE - Bulls & Bears, 12/12/22

354
Hello,

Pull back to .618 complete, looking for reversal pattern to go long, or possible level failure scenarios shown here.

New support vector formed on A long wick doji candle just above previous bullish channel support vector. This feels bullish, at least short range. Though structural collapse can happen in spite of that.

RSI is compressed into over sold. Potential to break out.

Also have some big level left untested down below, and we have completed some nice wave counts to be into a bear market now.

Fear is building in the markets … is doge our savior?

Go Doge Go Doge Go!

Good luck, God Speed, love & Light to All :)


Whats your favorite forecast here? Comment below, and follow along for updates!
Note
Sorry for the mess of support and resistance vectors… they are all important for fitting the forecasted level behaviors, or they wouldn’t be there, promise :)

Some tips for better viewing: zoom around the screen pinch it down, and play with the scale bar. Then toggle the lines on and off (shift + command + H) I believe.

TradingView struggles to publish overly complex charts, as judged by some inanimate computer. Clearly not running as fast as our bio brains are capable of, so i zoom it out before publishing. :)
Note
Option + Command + H hides the drawings.
Note
snapshot
Here we are with some new influencers on the 30minute candle.

At every time frame that shows a clean harmonic pattern, we should have 4 major influences. Bullish bears, bearish, bulls, etc. Elliot wave patterns happen in 3’s, so i favor the 9 and 30 for detailed work, short range projections… but also rely on the 4h, 1D, and 5D charts to find the nested fractal patterns. This creates a wild mess of projections, but spectacularly, the summation of the likely projections seems to magically tellt eh future by reconstructing it from the past. I work in from the long view there 30s to check the in level behavior. Creating short projections that when viewed on larger time frames can lead to accurate longer range projections, as they build.
Remember to cycle the visibility. COmand Option H
:)
Note
All systems tracking bearish patterns:
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.