There is possibility for the beginning of uptrend in DOGEUSD !!

Updated
Technical analysis:
  • DOGECOIN/DOLLAR is in a range bound and Beginning of up trend is expected.
  • The price is below the 21-Day WEMA which acts as a dynamic resistance.
  • The RSI is at 33.

    Trading suggestion:
    *The price is in a range bound, but we forecast the uptrend would begin.
    *There is possibility of temporary retracement to suggested support zone (0.0028 to 0.0015), if so, traders can set orders based on Price Action and expect to reach short-term targets.

  • Beginning of entry zone (0.0028)
  • Ending of entry zone (0.0015)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Price Action Lesson 3: Hammer, The first sign of beginning ...

(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)

Take Profits:
TP1= @ 0.0043
TP2= @ 0.0054
TP3= @ 0.0074
TP4= @ 0.0101
TP5= @ 0.0183
TP6= Free
Trade active
DOGEUSD , weekly update:Total profit 1038250 in 14 days.!
DOGEUSD , weekly update:Total profit 1038250 in 14 days.!
Trade active
DOGEUSD ,TP3 hit with 1425540 profit. New Buy Opportunity...
DOGEUSD ,TP3 hit with 1425540 profit. New Buy Opportunity...
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