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FieryTrading
2021年1月21日上午11點23分

DOGE Is Facing A Strong Decline 看空

Dogecoin / Tether USDPoloniex

描述

After the massive run-up that doge had earlier this month, it seems to be time for a bearish correction. Historically, DOGE has been a very volatile coin, seeing vast increases in value in a short amount of time, only to lose it all later by bleeding out slowly.

Since the volume has died down, I think it's time for a bearish correction. I've drawn two support lines on the chart, S1 and S2. These areas function as the main supports in case the price will continue falling. The S2 area might be far-fetched, but in case Bitcoin will see a strong drop soon, S2 might be reached as well.

Happy trading!
評論
Babenski
thanks for sharing your idea but dont you think its can be just another bullflag before next pump ?
FieryTrading
@Babenski, I'd be very surprised if that were the case. DOGE historically pumps followed by a dump.
TopTradingSignals
Fascinating bro!
FieryTrading
TheSignalyst
well done mate! keep it up
FieryTrading
@TheSignalyst, Cheers!
KlejdiCuni
Great technical setup, well done!
FieryTrading
@KlejdiCuni, Thanks, much appreciated
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