💡Don't miss the great buy opportunity in DOGEUSD @dogecoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.2446).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 0.2721
TP2= @ 0.2922
TP3= @ 0.3162
TP4= @ 0.3306
TP5= @ 0.3508
SL= Break below S2
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DOGE-USDT
💡Don't miss the great buy opportunity in DOGEUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.2265).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 0.2420
TP2= @ 0.2567
TP3= @ 0.2711
TP4= @ 0.2922
TP5= @ 0.3162
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in DOGEUSD @dogecoin
Midterm forecast:
While the price is above the support 0.09, beginning of uptrend is expected.
We make sure when the resistance at 0.29 breaks.
If the support at 0.09 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
There is a divergence in RSI and price between the trough at 0.1632 on 2021-06-22 and the trough at 0.1599 on 2021-07-20, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
A peak is formed in daily chart at 0.29 on 06/25/2021, so more losses to support(s) 0.17, 0.16 and minimum to Major Support (0.09) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index ( RSI ) is 44.
Take Profits:
TP1= @ 0.23
TP2= @ 0.29
TP3= @ 0.37
TP4= @ 0.43
TP5= @ 0.51
TP6= @ 0.59
TP7= @ 0.74
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️