The key is whether it can find support at 0.18951 and go up

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(DOGEUSDT 1D chart)
snapshot
It touched the A section, which was the previous breakout trading section, again.

That is, if it is supported and rises near 0.18951, it is a time to buy.

If not, it will fall below the M-Signal indicator of the 1M chart, so caution is required when trading.

This is because in order to continue the upward trend in the medium to long term, the price must be maintained above the M-Signal indicator of the 1M chart.

Therefore, a short and quick response is required when trading below the M-Signal indicator of the 1M chart.

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The channel of the High Line ~ Low Line of the OBV indicator is showing signs of turning into a downward channel.

Therefore, you should check whether the OBV shows signs of rising above the High Line.

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The basic trading strategy is to buy near the HA-Low indicator and sell near the HA-High indicator.

It currently meets the HA-High indicator and falls to meet the HA-Low indicator.

Therefore, this wave should be interpreted as closed.

Therefore, a new wave will start from the HA-Low indicator that we met this time.

If it falls from the HA-Low indicator, it is likely to show a stepwise downtrend, and if it rises from the HA-High indicator, it is likely to show a stepwise uptrend.

Therefore, we need to check whether the HA-Low indicator supports the new wave to see if it is a downtrend or an uptrend.

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Thank you for reading to the end.
I hope you have a successful trade.

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- ​​This is an explanation of the big picture.

(3-year bull market, 1-year bear market pattern)
3-year bull market, 1-year bear market pattern


I will explain more details when the bear market starts.

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