Hello traders, today a short excerpt from the whole story, the current enthusiasm is needed to simulate future prices, so I would like to warn all current and future happy owners of Dogecoin, but you must realize that the price must return to the beginning with a small positive difference. So the next months will see a continuation of falling prices, and I have marked the visible reason for my observations on the chart above. I expect that before starting a new race, the price will wet the water :)
Greetings and I invite you to observe
Greetings and I invite you to observe
註釋
People, but we must bear in mind that this gap is a continuation gap and does not have to be filled, with this assumption the price may reach 0.26-0.38 at the end of the year. Let's keep our fingers crossed and I invite you to follow註釋
Hello traders, I would like to share my observations with you on the above chart. The maximum price for 2023 does not seem to exceed $0.13. At the beginning, however, the price must stay above 0.078 and then reach 0.082-0.087 to be sure.
Given the current steep approach on the 4-hour chart, it may suggest a burnout of USD 0.078-0.08.
I recommend peace and quiet.
The main chart can still take place.
Regards
註釋
Hello traders, here's a quick update.It seems that the price will not break USD 0.08 during this time, RSI is at its maximum point on the 3-day chart. We still have some space on the weekly chart, which may mean that the price will try to break out by the end of the week, but I would be very careful on Monday, November 13, when a new weekly candle will appear and it may turn bright red. of course, the situation may change, but you can also easily notice the so-called crab pattern, which is a harbinger of a bearish correction. At the moment, I would not expect any bull runs.
Regards
註釋
Traders,Dogecoin has been on a commendable rally since mid-October, in line with the broader market's rebound. However, the meme coin is currently facing a firm resistance zone between $0.076 and $0.080. This supply barrier was formidable, causing Dogecoin (DOGE) to withdraw and liquidate $2.96 million worth of long positions. Price has suffered from this crucial supply barrier, indicating a strong sales presence.
Following the recent uptrend, Dogecoin is now consolidating, with the potential to break resistance or retreat to lower support levels. The current support is set at $0.067, and if this gives way, there is a possibility of Dgecoin sliding down to test the psychological support at $0.060 or even $0.056, which would mark a significant correction from current levels.
The immediate future of Dogecoin depends on the battle between bullish momentum and bearish pressure at the $0.078 resistance level. If buyers can push the price above this barrier, it could mean a continuation of the uptrend, potentially leading to a test of the USD 0.081 resistance, and in a very bullish scenario, it could rise to the USD 0.090 level.
Regards
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