TICKER CODE: DOGECOIN
Company Name: N/A
Industry: CyptoCurrency
Short-Term SELL
Technical Analysis
1. Large Rising Wedge Pattern
2. Pennant / Falling Wedge Completed
3. RSI oversold
Entry: Now Ready to SELL to Fibonacci Retracement Level 0.5/0.618
1st Take Profit: 0.3280000
2nd Take Profit: 0.30
EXPECTED Take Profit in May 2021
NOTE THAT THE MARET COULD FALL ALL THE WWAY TO 0.14-0.18 range! (Which is on a LARGER Fibonacci Retracement Level at 0.618 (Golden Zone)
If it reaches 0.618 we will be looking at potential rejection at the EMA 200 as well as Major Support Structure or 0.786 (Silver Zone)
Company Name: N/A
Industry: CyptoCurrency
Short-Term SELL
Technical Analysis
1. Large Rising Wedge Pattern
2. Pennant / Falling Wedge Completed
3. RSI oversold
Entry: Now Ready to SELL to Fibonacci Retracement Level 0.5/0.618
1st Take Profit: 0.3280000
2nd Take Profit: 0.30
EXPECTED Take Profit in May 2021
NOTE THAT THE MARET COULD FALL ALL THE WWAY TO 0.14-0.18 range! (Which is on a LARGER Fibonacci Retracement Level at 0.618 (Golden Zone)
If it reaches 0.618 we will be looking at potential rejection at the EMA 200 as well as Major Support Structure or 0.786 (Silver Zone)
Note
Doge broke out of the previous resistance range. It is unlikely that doge will come back down to 0.14-0.18. I am monitoring the price action of the trendline resistance. Should doge break out of our trendline we will wait for an entry during the re-test.Order cancelled
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.