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Channel Down emerging. Short.

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POLONIEX:DOGEUSD   Dogecoin
With the previous Rectangle long broken, 1D has now created the expected Channel Down (RSI = 54.062, Williams = -64.262, CCI = -57.9703, B/BP = -0.0005) with clear Lower Highs and a Lower Low so far at 0.0050. As long as 0.0064 holds, 1D will continue to push lower, based on previously recurring patterns on 1W that can be seen if you zoom out. The supports are still indicated with the red lines. Our first TP remains 0.0045.

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