DOGEUSD: First target hit. Approaching a Lower Low.

TP = 0.0045 hit with DOGEUSD delivering a standard bearish leg within the 1D Channel Down (RSI = 25.607, Highs/Lows = -0.0007). It is now near our final TP = 0.003820, which would be a technical Lower Low to the Channel. Since it is also on oversold values (STOCHRSI = 0.000, Williams = -96.039), a Lower High either at 0.0046 or 0.0050 is expected before further downtrend. Those can be used for new shorts towards 0.003170. At some point the 1D Channel Down may aggressively break the pattern to the downside towards the 0.002000 1W support, due to the long term selling pressure on 1W since January.