DLavrov

Dogecoin Buy Opportunity

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POLONIEX:DOGEBTC   Dogecoin / Bitcoin
The daily chart looks overbought and if the price breaks 0.00000080 support level, we should be ready to see further falling to the next support at 0.00000050. But we also should be ready to join to upward movement, if the market bounces from the support level and continues the uptrend. RSI confirms price reversal. MACD histogram supports upward movement. We can use the previous swing high for placing pending orders for buy. Entry level is 0.00000095 with stop at 0.00000078 level. Profit targets are 0.00000110 and 0.00000150 levels.

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