$DOGS GM 😎
Finally the daily candle I was waiting for was formed!! The daily candle for December 7 managed to penetrate and close the price above the resistance level (yellow line).
The good news is, he managed to penetrate the Support level 1 and close the price above it (purple line).
The money flow index indicator also supports strong bullish momentum, with a value above 80. So the $DOGS movement scheme today on December 8,he will try to penetrate the support level 2 (white line). If the H4 candle manages to penetrate and close the price above the Support level 2, then a super bullish phenomenon is in sight with a target of 0.001 up.💹
What we need to be aware of is if suddenly the H4 candle drops down and stops at the bellow resistance level (yellow line). ✍️
Let's monitor it together guys 🧐
Please, if you have an analysis from your own point of view, share it with us ☺
Hope you have a nice weekend 😍