#DOGS
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.
The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.
There is a key support zone (in green) at 0.0000444. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 0.0000490
First Target: 0.0000515
Second Target: 0.00005151
Third Target: 0.0000533
You can stop at the first and second targets and close below them, or continue towards the third target. Stop Loss: At the resistance zone (in green).
Remember this simple rule: Money Management.
Any questions? Please leave a comment.
Thank you.
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.
The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.
There is a key support zone (in green) at 0.0000444. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 0.0000490
First Target: 0.0000515
Second Target: 0.00005151
Third Target: 0.0000533
You can stop at the first and second targets and close below them, or continue towards the third target. Stop Loss: At the resistance zone (in green).
Remember this simple rule: Money Management.
Any questions? Please leave a comment.
Thank you.
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📍Trade Smart & Stay Protected⭐️Telegram Channel
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.