Interesting pattern $1MBABYDOGE :
Double top formation, decreasing volume (very similar pattern), decreasing volatility after correction, the first on the daily and the second on a hourly timeframe.
So there are two posibilities, I’ll focus on the bullish, but you can easily understand what the bearish might be:
We break violently through resistance at .005, and continue to go beyond ATH, past .0066.
The other scenario ⤵️ .0042, and below.
Keep in mind, the shorter time frame for the same patter could translate to a faster turnaround (24 times faster maybe).
Yes, as long term holder, I am inclined to go long and protect my long, never short. That’s my bias.
How about you?
