Get started
angela_altair

DOGEUSDT likely to hit daily support before moving up

Dogecoin / TetherUS (BINANCE:DOGEUSDT)  
angela_altair  
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators dogeusdt dogeusdtlong dogeusdtshort dogeusdtanalysis dogeusdtprediction dogeusdtforecast DOGEUSDTPERP dogeusdtbuy dogeusdtidea
2
1
trendanalysis chartpattern indicator dogeusdt dogeusdtlong dogeusdtshort dogeusdtanalysis dogeusdtprediction dogeusdtforecast dogeusdtperp dogeusdtbuy dogeusdtidea
DOGEUSDT 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.
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.