Bitking786

IS DOGE REALY START, doge is trading above both DMA(21 and 50MA)

Giá lên
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Doge coin likely to completed its 3rd wave here shown in my chart, I think ABC correction phase also completed here
and may have to completed 4th wave also and ready for 5th wave around 1.40 to 1.60 dollar 2.618 fib retracement.
doge coin already breakout in daily time frame and trading above the both DMA's (50 and 21MA) which is very bullish sign
RSI is 55 also try to break downtrend if it does break it doge will rocket sky from here

Trading suggestion:
". There is a possibility of ABC correction retracement over to the suggested support line (0.35) hold.
. if so, traders can set orders based on Price Action and expect to reach long-term targets."

Technical analysis:
. DOGEUSDT is already breakout its down trend, the beginning of an uptrend is expected from here.
. The price is trading 21-Day DMA as well as 50 DMA
. The RSI is at 55 which also try to break it downtrend, if it does doge will rocket from here

Take Profits:
TP1= @ 0.70
TP2= @ 0.86
TP3= @ 0.98
TP4= @ 1.29
TP5= @ 1.42
TP5= @ 1.60

SL= Break below Support at daily closed

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