A promising triangle in the DOGE market, which formed after a 53% fall in price, disappointed investors. On March 20, the DOGEUSDT price went out of the triangle downward. Our previous idea partially worked out and we decided to update it:
Sellers withstood the attack in the range of $0.059-0.062 and a new wave of decline began. However, This wave of decline is more like a temporary retreat of buyers before a new attack.
Our opinion confirms the nature of the DOGEUSDT price fall within 4 days. Low volumes, modest candles and a stop at $0.52. It was this mark that was at first a problem for buyers, and now there is reliable support:
If the next local attack of sellers is weak and the range of $0.052-0.054 remains under the control of buyers, we will expect the price to rise with two targets: $0.06 and $0.07.
Loss of this range will continue the correction of the DOGE price to $0.047. However, for now, this is an alternative scenario.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Sellers withstood the attack in the range of $0.059-0.062 and a new wave of decline began. However, This wave of decline is more like a temporary retreat of buyers before a new attack.
Our opinion confirms the nature of the DOGEUSDT price fall within 4 days. Low volumes, modest candles and a stop at $0.52. It was this mark that was at first a problem for buyers, and now there is reliable support:
If the next local attack of sellers is weak and the range of $0.052-0.054 remains under the control of buyers, we will expect the price to rise with two targets: $0.06 and $0.07.
Loss of this range will continue the correction of the DOGE price to $0.047. However, for now, this is an alternative scenario.
________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Сделка закрыта: достигнута тейк-профит цена
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🎁 -10% on ALL trading fees OKX
www.okx.com/join/10pstrade
🔥V-I-P cutt.ly/PwkLhT56
💰Trade here + take Bonuses linktr.ee/ps_trade
❗️Telegram t.me/pstrade_eng