Dogecoin / TetherUS
Short
Updated

DOGEUSDT ( STABILIZING BELOW TURNING LEVEL ) ( 4H )

183
DOGEUSDT

HELLO TRADERS

  • Tendency , the price is under bearish pressure , until trading below turning level at 0.102 .

  • TURNING LEVEL : the price of this level at 0.102 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) .

  • RESISTANCE ZONE : this zone between 0.115 and 0.128 , in order to see this zone the price need breaking turning level at 0.102 , breaking this price indicates an increase and reaching the resistance level (1) at 0.115 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 0.128 , after breaking this zone it will be attempt to reach resistance level (3) at 0.141 , selling have already increase in this zone .
  • SUPPORT ZONE : this zone between 0.091 & 0.080 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 0.091 , by open 4h or 1h candle below support level (1) , it indicates to reaching support level (2) around 0.080

  • CORRECTIVE : the price corrective at 0.102, before dropping .


TARGET LEVEL :
  • RESISTANCE LEVEL : 0.56 , 0.61 , 0.65 .
  • SUPPORT LEVEL : 0.44 , 0.39 .
Trade active
currently the price reserve to touch turning level at 0.102 , still continues the downward because trading below this level to confirm downward the price should be breaking support level (1) , active uptrend should price reserve an breaking turning level to touch resistance level (1).

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