Technical analysis

    DOGE – 30% crash is imminent!

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    DOGE on the 4h chart
    • 30% crash is definitely very possible on DOGE, so be prepared for it!
    • After a 189% pump on DOGE, do not be surprised at all if we the bears step in. What goes up fast also goes down even faster.
    • An impulse wave was detected from the peak, which is not a great sign. There is an increased probability of another impulse wave to the downside.
    • Overall, I think this huge pump on DOGE is done, and I expect a retracement to shake out late longs.
    • Let me know in the comments section what you think about DOGE. Are you bullish or bearish? I look forward to your comments!
    • The latest news on DOGE is that Twitter will not include any cryptocurrency at this moment in their business plan.
    • I believe DOGE will go up, but not now; it’s just too fast.
    • https://www.tradingview.com/chart/DOGEUSDT/vtoNdCiP-DOGE-30-crash-is-imminent/
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    Professional trader and analyst. My specialization is in Elliott Wave Theory, Fibonacci tools, chart patterns, candlesticks, and price action. To analyze market structure, I use market profile and volume profile in my trading system. To analyze trends, I use trendlines, VWAP, and simple moving averages.