Today I decided to analyze the perspectives of the most sensational cryptocurrency in recent times and Elon Musk's favorite - dogecoin .
Now the price is in the range indicated on the chart in orange. There are two options for buying deals - 1 - when forming a reversal pattern from the lower border of this range and the level of POC (point of control, the level with the highest in a bar) - the red thick line on the graph.
The second option is the 0.028 level - the nearest most powerful . Our task is to wait for the price reaction near this level. If we see a pattern for a rebound from the level , this is a good signal to open a long position. The trade targets- 0.08 and 0.1 - are an important psychological levels. We recommend placing a STOP at a small distance from the entry level.
Good Luck, Friends!
Sincerely yours, Oleg Kalmanovich.