DOGE - Oversold - Small bounce possible
Updated
On the DOGEUSD chart (1h timeframe), we can see the price is currently oversold. The price is reaching a support area. Once the price has entered the support area it's likely for the price to bounce back up.
All three indicators used are Bollinger Bands, RSI, and Stochastic. All three indicators confirm the oversold condition.
All further details are shown on the chart.
Good luck!
All three indicators used are Bollinger Bands, RSI, and Stochastic. All three indicators confirm the oversold condition.
All further details are shown on the chart.
Good luck!
Trade active
Entry reachedTrade closed: stop reached
stop loss hit. No demand.
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