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Technical analysis by ColdBloodedCharter about Symbol DOGE: Sell recommendation (14 hour ago)

https://finbeet.com/message/3890049
ColdBloodedCharter
ColdBloodedCharter
Rank: 6717
1.5

$DOGE (6-HOUR): ANOTHER WYCKOFF distribution variant, SHORT

Message Type:Sell
Price at Publish Time:
$0.1837
Sell،Technical،ColdBloodedCharter

Another chart and another variant of a WYCKOFF DISTRIBUTION schematic — this time on the medium-term DOGE charts. Crypto is absolutely riddled with distribution patterns these days. Across all timeframes: I’ve shown you the clear 5-year DOT distribution, the current-cycle $RENDER distribution schematic, and the short-term $EVAA distribution setup. Serious capital has been leaving crypto. You’ve seen rallies in metals, big stocks, and the Nasdaq — but not in crypto. Cryptoville is Distribution-ville right now. Just my two cents. As for the #DOGE mid-term charts (4H/6H), HIDDEN BEARISH divergences keep popping up on the 4-hour. The next leg should be DOWN, with the next SUPPORT at 17.5c. Lose that, and my SHORT is going to start PRINTING. 💙👽

Source Message: TradingView