#DOGSUSDT Medium-term Bullish potential !

#DOGS

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

A key support zone has been identified in green at 0.0000290. 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: 0.00000310
First Target: 0.0000314
Second Target: 0.0000320
Third Target: 0.0000328

You can close at the second target or wait for the third target to reach it. The choice is yours.

Stop Loss: At the resistance zone in green.

Remember this simple rule: Money Management.

Any questions? Please leave a comment.

Thank you.

Trade chiuso: obiettivo raggiunto

#DOGS
First Target: 0.0000314 Reached
Second Target: 0.0000320 Reached
Third Target: 0.0000328 Reached

CryptoAnalystSignal

📍Trade Smart & Stay Protected⭐️Telegram Channel

Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree

📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal

Anche su:

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.

CryptoAnalystSignal

Anche su: