Doge, Red or Rocket?

9 Jan 2022

So looks like doge pulled the leash toward the red path and has broken below a pretty big previous support, has tested the underside with a throw back and atm rejected... The bulls need to bust back above that area with more then just a wick and find it as support again to at least subside the bleed and give hope. There are some tiny areas of structure here but the next major starts down at .09. Elliott wave: dont love this count...its a gun to the head count. So lots of not ideals. But what would be ideal is if a ending diag is on its way in... again not ideal subwaves jumping off here but it popped to me with this current 3 wave move down atm, and maybe a mini ED in there as well. Algo tracks in there as well, got to fisrt target.