ForecastCity

Another opportunity to buy in DOGEBTC

Long
HITBTC:DOGEBTC   Dogecoin / Bitcoin
Technical analysis:
. DOGECOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.

Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.000000385 to 0.000000348). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.000000385)
Ending of entry zone (0.000000348)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.000000450
TP2= @ 0.000000482
TP3= @ 0.000000549
TP4= @ 0.000000664
TP5= @ 0.000000757
TP6= @ 0.000000921
TP7= @ 0.000001075
TP8= Free

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