After the massive run-up that doge had earlier this month, it seems to be time for a bearish correction. Historically, DOGE has been a very volatile coin, seeing vast increases in value in a short amount of time, only to lose it all later by bleeding out slowly.
Since the volume has died down, I think it's time for a bearish correction. I've drawn two support lines on the chart, S1 and S2. These areas function as the main supports in case the price will continue falling. The S2 area might be far-fetched, but in case Bitcoin will see a strong drop soon, S2 might be reached as well.
Happy trading!
Since the volume has died down, I think it's time for a bearish correction. I've drawn two support lines on the chart, S1 and S2. These areas function as the main supports in case the price will continue falling. The S2 area might be far-fetched, but in case Bitcoin will see a strong drop soon, S2 might be reached as well.
Happy trading!
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🔥Premium Signals: fierytrading.com
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🎯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
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.