🔥 Hi friends! The retailers are already forget about DOGE until it start to pump again.
🚩 Take a look on the volume indicator. The HUGE SPIKE shows that the whales sold a lot of DOGE on the Elon and Tweeter news. It's not something strange, because such meme coins are centralized altcoins woth 20-30 wallets, that hold 70-80% of entire supply. Of course, they want to sell it.
📊 My expectations about DOGE movements is consolidation between 2 massive value areas, where the most of altcoins were bought:
🔥 $0.059-0.071 - support value area
🔥 $0.084-0.091 - resistance value area
✅ I recommend you to find the entry point to short, when the price approach the top value area of $0.084-0.091. The target will be the lower value area.
✅ As you can see, DOGE make a pullback when the price touch the bottom value area of $0.059-0.071, so the next time try to find long entry point there. The target will be the top value area.
🚩 If any of this scenario will be in play, I will let you know in updates, so stay tuned!
Traders, do you think DOGE has a chane to renew it's local highs at $0.15 or it finnaly dead? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
🚩 Take a look on the volume indicator. The HUGE SPIKE shows that the whales sold a lot of DOGE on the Elon and Tweeter news. It's not something strange, because such meme coins are centralized altcoins woth 20-30 wallets, that hold 70-80% of entire supply. Of course, they want to sell it.
📊 My expectations about DOGE movements is consolidation between 2 massive value areas, where the most of altcoins were bought:
🔥 $0.059-0.071 - support value area
🔥 $0.084-0.091 - resistance value area
✅ I recommend you to find the entry point to short, when the price approach the top value area of $0.084-0.091. The target will be the lower value area.
✅ As you can see, DOGE make a pullback when the price touch the bottom value area of $0.059-0.071, so the next time try to find long entry point there. The target will be the top value area.
🚩 If any of this scenario will be in play, I will let you know in updates, so stay tuned!
Traders, do you think DOGE has a chane to renew it's local highs at $0.15 or it finnaly dead? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
Get access to the Private Club for FREE with VIP signals—plus +$500 on your trading account at the exchange👉 bit.ly/vip_club_bikotrading
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Get access to the Private Club for FREE with VIP signals—plus +$500 on your trading account at the exchange👉 bit.ly/vip_club_bikotrading
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷Short video about my strategy
👉 youtu.be/KUCRX29d9_8
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.