Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
2 POSSIBLE SCENARIOS FOR DOGE
Price previously broke above our major swing high and traded higher, so from a medium-term perspective we are bullish trading above the rising trendline.
However, for the bulls to kick in again from a long-term perspective, price need to break above the marked major swing high and resistance zone.
Then a movement higher would be expected
Unless price managed to trade lower till the marked high lining up with the rising trendline, where we will be looking for new longs from a short-term perspective.
If we broke it lower, then a movement lower till the next support zone would be expected.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!