DOGECOIN-4H--The price bounced back from the retracement zone
Yesterday, the price bounced back down from the retracement zone as shown on the chart, and now is going to retest the support at 0.3029. If the breakdown happens at 0.3029, the next support will be around 0.2847. If the breakdown fails, on the other hand, the price will bounce back up to the retracement zone again. The main trend on the daily chart and 4 hours chart is still bearish until this moment. The good place to buy more is around 0.29 and around 0.22. We will update the chart if anything changes.
NOTE: About the weak early buy signal that we mentioned in the previous video on hourly chart, the price hit the first target, and then bounced back down. So it's not effective anymore. Keep in mind that the expiration of our signals is to either hit one of the targets or hit the stop loss, and this is true only if we don't give the expiration time and date.
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GOOD LUCK
NOTE: About the weak early buy signal that we mentioned in the previous video on hourly chart, the price hit the first target, and then bounced back down. So it's not effective anymore. Keep in mind that the expiration of our signals is to either hit one of the targets or hit the stop loss, and this is true only if we don't give the expiration time and date.
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GOOD LUCK