Dogeusdt
DOGEUSDT what's next?As we can see on May 13, DOGEUSDT dropped to the support level of $ 0.37 and bounced off it. Then the price went up to $ 0.56 and now the price is falling again. If the price drops to $ 0.37 again and breaks the support level, it will probably drop to $ 0.2. If the price bounces off the support level, growth to $ 0.56 is possible.
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DOGE 1H with Median LinesUpdate of the previous analysis. The red Median Line looks to be catching the trend. Dynamic Res and Sup on watch, but this DOGE could do everything.
Holding long with .05 pmc.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
💡Don't miss the great buy opportunity in DOGEUSD @dogecoin
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.45883).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 49.
Take Profits:
TP1= @ 0.5310
TP2= @ 0.5991
TP3= @ 0.6499
TP4= @ 0.6990
TP5= @ 0.7412
SL= Break below S2
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Trading Signal For DOGEUSDTTrading Signal:
A Trading Signal is seen in the DOGEUSD Dogecoin
Traders can open their Buy Trades NOW
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💡Don't miss the great buy opportunity in DOGEUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.260930).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.290086
TP2= @ 0.332046
TP3= @ 0.349759
TP4= @ 0.384249
TP5= @ 0.424666
SL= Break below S2
❤️ 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!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex 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 ❤️