DOGEUSDT, 3-Bottoms Better Than 2 Dips

21 בפבר׳ 2021

DOGEUSDT, 3-Bottoms Better Than 2 Dips.

• Looking at the Cyan parallel lines, it is showing consolidation.
  
• There are x2 retest of the bottoms showing support while volumes gets lower.
  
• Both are critical levels as it marks the Baseline of the Ichimoku Cloud.
  
• My guess possible 3rd retest to show the the classic Triple-Bottom.
  
• This is a good signal sowing potential bullish divergence.
  
• Conditions to meet are:-
  => Following an up Reversal.
  => 1st breakout at point A1.
  => 2nd breakout at T3.
  
• 2nd breakout is critical and will show the 3rd retest to challenge the resistances (3 red arrows on the left).
  

21 בפבר׳ 2021

הערה

S1 and S2 are the critical re-test of bottoms.
Both touched the Base Line of Ichimoku Cloud. (Yellow Line)
Base line is the mean 26 days high and low periods in this 1D chart.

22 בפבר׳ 2021

הערה

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