DOGE:USD coming into danger zone

20 במרץ

Doge coin is getting close to 0.764 fib regression area around $0.0121. Anyone aware of Fibonacci pinball technique, this is a must hold zone for an impulse, specially for a sub wave of a larger impulse. Time to abandon impulse is a break below previous 0.618 area, which is at $0.11. Complete invalidation of impulse at break below previous wave 1, which is at $0.107. Doge needs to bottom here and worse case, go sideways for a bit to keep the bull run alive. Otherwise, breaking the areas mentioned above will not be good news for the holders. It will need to be counted as the high of wave B and a much larger wave C will ensue below 0.02....Time to set some stop loss.