Disclaimer: as always, this is not finical advice, just my opinion and analysis.
I have been tracking DOGE for a while now, and my analysis has not changed. I think this could potentially go parabolic, and we just got some strong support from the technical analysis stand point.
It held support, and crushed the short term, and long term resistances.
It pulled back today for a perfectly logical reason. It was out of two standard deviations from the mean on the upside (something Bollinger Bands [an indicator] tracks.) Another very interesting thing about Bollinger bands is that when they contract (get closer together), then often indicate a big move coming.
The Bollinger bands have contracted into a very tight range, indicating a potential very large move.
DOGE has also broken above very strong resistance.
There is a very strong bull case to be made here from a technical analysis standpoint.
I have been tracking DOGE for a while now, and my analysis has not changed. I think this could potentially go parabolic, and we just got some strong support from the technical analysis stand point.
It held support, and crushed the short term, and long term resistances.
It pulled back today for a perfectly logical reason. It was out of two standard deviations from the mean on the upside (something Bollinger Bands [an indicator] tracks.) Another very interesting thing about Bollinger bands is that when they contract (get closer together), then often indicate a big move coming.
The Bollinger bands have contracted into a very tight range, indicating a potential very large move.
DOGE has also broken above very strong resistance.
There is a very strong bull case to be made here from a technical analysis standpoint.
註釋
Hmm...
At emcs.store, we offer our services in custom Pinescript development for Tradingview.
We also provide access to a wide selection of proprietary trading tools we have developed as a subscription service, and we continue to innovate.
We also provide access to a wide selection of proprietary trading tools we have developed as a subscription service, and we continue to innovate.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
At emcs.store, we offer our services in custom Pinescript development for Tradingview.
We also provide access to a wide selection of proprietary trading tools we have developed as a subscription service, and we continue to innovate.
We also provide access to a wide selection of proprietary trading tools we have developed as a subscription service, and we continue to innovate.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。