Dogeusdtidea
DOGEUSDT close to support zone, a long will be favorableThe price was rejected from the weekly resistance after price traded inside that zone for a while. The target of this drop is the below support around 0.077. If the price comes to that zone, a long is favorable towards weekly resistance around 0.08190.
DOGEUSDT likely to hit daily support before moving upDOGEUSDT hast been trending down for a while after getting rejected from the daily resistance DR2 and then DR1. Now it is trading between weekly resistance WR1 and daily support DS1. The likelihood of the price to visit daily support DS1 is high. If the price hits that support, it should have a good bounce from there. A predictive path of the price action for this trade to play out has been depicted on the chart. Lets target first the price to hit DS1 and then we update this idea regarding the long paths of this trade.
DOGEUSDT ranging between daily resiatnce and daily supportThe price did hit the daily resistance as expected. Though there was repeated retest of the daily+weekly support before moving up and hitting the marked resistance. The price got pushed back by the resistance and currently ranging between the daily resistance and daily support. Where to go from here, I will publish in a new post.
DOGEUSDT bouncing off daily support. Likely to head higher.The price almost hit the daily support area. It will likely move upward now and pass through the above resistance in this go.
Next resistance for this move up would be the monthly resistance range 0.1330-0.13790.
Overall price direction is just depiction of a possible path how it might play out. But the idea of the direction is likely to be this. Anyway, the post will be updated after the first step to tap to weekly resistance has been achieved and a new direction and analysis will be provided.
DOGEUSDT Analysis (Local Setup)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 0.084 and 0.09
after first target reached move ur stop to breakeven
Stop: ~0.065 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 2
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
DOGEUSDT located between 2 levelsDOGEUSDT located between 2 levels
The formation of an ascending or descending conal is very difficult. you need to wait for the breakdown of the level to determine the direction of the price movement
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DOGEUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 0.14 - 0.16 - 0.19
after first target reached move ur stop to breakeven
Stop: ~0.095 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
DOGEUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 0.16 and 0.19
Stop: ~0.11 (depending of ur risk). ALWAYS follow ur RM .
after first target reached move ur stop to breakeven
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
DOGEUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 0.32 - 0.4 - 0.45
after first target reached move ur stop to breakeven
stop: ~0.18(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.