🔥 DOGE's Monster Sell-Off Potentially Ended
Around 4 months ago I made an analysis on DOGE where I wrote that I expected DOGE to sell-off much further. $0.05 to $0.03 were my bearish targets. Congratulations if you took the trade.
As of now, we've indeed bounced off the $0.05 support area. This area functioned as a spring for DOGE's final rally, so it was to be expected that buyers were waiting for that area to be reached.
My long-term outlook is still bearish. However, after >1 year of selling off, I think we're due some kind of bounce.
My target is the top resistance of the bearish channel.
As of now, we've indeed bounced off the $0.05 support area. This area functioned as a spring for DOGE's final rally, so it was to be expected that buyers were waiting for that area to be reached.
My long-term outlook is still bearish. However, after >1 year of selling off, I think we're due some kind of bounce.
My target is the top resistance of the bearish channel.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.