$DOGE (DAILY): lost the 200 MA + horizontal SUPPORT: SHORT 18.7cDogecoin / TetherUSBINANCE:DOGEUSDTColdBloodedCharterDOGE is now a BEAR MARKET coin and I'm shorting it at $0.187. Similar story to XRP after both have lost their confluence of supports (200 MA + horizontal) and bearishly retested, in DOWNTRENDS, DEATH CROSSES (50 MA to cross below 200 MA) on the DAILY chart, HIDDEN BEARISH RSI divergences on many timeframes, a lot of stuff and nearly all of it — bearish. Low-leverage #short with a manual STOP LOSS: I will close in 4 parts, 25% on each 4-HOUR candle close above the 200 MA ($0.209 atm), or sooner if any solid BULL divergences occur. There is no intent on the chart; buyers never stepped in in OCTOBER and are unlikely to do so anytime soon. Risk-off climate across all markets, not surprised that the KING #memecoin has been entering its BEAR MARKET territory. And many other coins look very similar. Anything below the 200 MA on a DAILY chart, I would rather not LONG as long set-ups tend to fail too often. Longs above 200 MA, shorts below 200 MA — this is the approach. 💙👽