DOGEUSDT.3S trade ideas
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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Long Doge coin : Elliot 4 th to 5th wave travel ignited...Elliot wave and Fibonnoci analysis predicts the next target for dogecoin be 0.93 with a risk reward ratio of 1:3 ,with a waiting period of maximum 96 days from now as long as the SL is not trigered.
WARNING : kindly stick on with proper money management before entering any trade with a golden rule of risking less than 5 % of the total capital in every single trade.
💡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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