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Dogecoin (DOGE) - May 9

POLONIEX:DOGEUSD   Dogecoin
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(DOGEUSD 1D chart)
We need to see if we can get support at the 0.40879800-0.48003202 section and climb along the uptrend line.

If it goes down, we have to see if we can get support at 0.31585283 and move up.

You can touch up to 0.27303231-0.30697373 intervals, so you need to trade carefully.

If it is supported in the 0.10332519-0.20514946 range, I think it is possible to buy for a long-term investment.
You can go up along the uptrend line (1), so you need to trade carefully.

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(DOGEUSDT 1D chart)
We need to see if we can get support at the 0.40890-0.45 section and climb along the uptrend line.

If it goes down, we have to see if we can get support at 0.31732 and move up.

You can touch up to 0.27316-0.30710 intervals, so you need to trade carefully.

The 0.20530-0.10349 interval is the interval that can be bought for long-term investment.

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(DOGEBTC 1D chart)
We need to see if we get support in the 735 Satoshi-775 Satoshi section and climb along the uptrend line.

If it goes down, we'll have to see if we can get support at 574 Satoshi and see if it can move up.

You can touch up to 495 Satoshi-555 Satoshi, so you need to trade carefully.

The 196 Satoshi-375 Satoshi section is a section that can be bought for long-term investment.

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(Upbit DOGEKRW 1D chart)
We need to see if we can get support from the 514-575 section and move up along the uptrend line.

If it falls, we'll have to see if we can gain support and move up in the 361-399 range.

The section 170-285 is the section that can be bought for long-term investment.

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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.

The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.

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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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