✴️ Dogecoin | Did You Give Up?

1 בינו׳ 2023

Let me guess... You gave up on me, on crypto, on Dogecoin as soon as the minor drop/shakeout took place 30/31 December, didn't you?

Let me tell you what... Now that prices went below support and moved back up this only makes our conviction stronger... Patience is key.

First, we have a new support level marked by the 30-Dec. Doji with a long lower wick, which is also a strong reversal signal.

Going below support can be considered bullish if a recovery quickly follows...
In this instance, the drop is considered a shakeout, stop-loss hunt, market manipulation, etc.

The important thing is... To always have a plan before trading and to keep in mind that patience is key.

Namaste.