Dogecoin / TetherUS
Updated

DOGECOIN ( IN THE SENSITIVE AREA ) (4H)

745
DOGECOIN

HELLO TRADERS

Market Performance :
- Volatility: Like most cryptocurrencies, Dogecoin is highly volatile. Its price can fluctuate significantly based on market sentiment, social media trends, and endorsements.

- Market Cap: Despite its origins as a joke, Dogecoin has a substantial market cap and is one of the top cryptocurrencies by market capitalization.

  • Tendency , the price inside sensitive area between 0.13 & 0.12 .

  • TURNING LEVEL (1) : the price of this level at 0.13 , so if the price breaking this level reach a resistance level (1) .

  • TURNING LEVEL (2) : the price of this level at 0.12 , so if the price breaking this level reach a support level (1) .

  • RESISTANCE LEVEL (1) : this level around 0.14 , for reach this resistance level the price need breaking a turning level (1) .

  • RESISTANCE LEVEL (2) : around 0.16 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)

  • SUPPORT LEVEL (1) : this level around 0.11, for reach this support level the price need breaking a turning level (2) .

  • SUPPORT LEVEL (2) : support level at 0.09 , for reach this level will be breaking by open 4h candle below support level (1) .

  • CORRECTIVE LEVEL : currently price 0.12 , have two scenario , first corrective 0.13, before dropping to touch a o.12 , then 0.11 , second corrective 0.12 to reach a 0.13 , then breaking this level reach a resistance level (1).

TARGET LEVEL :
  • RESISTANCE LEVEL : 0.13 , 0.16 ,
  • SUPPORT LEVEL : 0.11 , 0.09 .
Trade active
know , trying to reach a turning level(1) , have two scenario , if the price breaking this level by open 4h candle above this level reach a resistance level (1) , but if the price of doge coin stabilizing below this level indicates it will attempt to reach a turning level (2) , the breaking this level reach a support level (1)
Trade active
as long as the price trading turning level (1) , easily to reach a resistance level (1)

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