marktiu

DOGE HITTING DEC 2021 RESISTANCE LEVEL

שורט
marktiu מעודכן   
BINANCE:DOGEUSDT.P   Dogecoin / TetherUS PERPETUAL CONTRACT
We see DOGE have a nice rally to the upside, over 150%

However, we are reaching a weekly level from Dec 2021, which may act as resistance.
Along with DOGE hitting a key 0.618 fib extension level 0.1405
הערה:
Please see the chart in ltf's

Trade Safe Friends :)

הערה:
2nd Update on DOGE:

Please see the chart shown :))

הערה:
This update goes out to woutergelaude2's query:

We see DOGE has a descending resistance.

If it continues downwards, the most likely level to test as support is at 0.86
Which is the Daily Level DOGE was unsuccessfully been able to break from May to Oct 28, 2022.

If DOGE does reach that level, I would be more inclined to open a long trade.
confluences such as bullish candle closes.

Please see the chart below (or above)

הערה:
We see DOGE break above the weekly and attempting to find support.
However, in the lower timeframes, it is showing signs of price exhaustion.

My target, if DOGE is to make one last move, is the liquidity level.

Please see chart shown below:

הערה:
I'd like to give one last update for today, I dont want to keep spamming everyone with it :')

IF DOGE is able to test the weekly as support, you may want to wait for a continuation to the upside, based on this pattern:


One reason why I'm unsure of this bullish pattern is because it will typically form at the bottom of a trend. Not the top.

Safe Trading Fam <3333
הערה:
This is DOGE's measured move, IF the Adam & Eve pattern is valid:

הערה:
Adam & Eve Pattern Formation: Validated

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.