DOGS / TetherUSPanjang
DOGS/USDT: Price Corrections After Extended Downtrend
Greetings, traders,
The 🐶 DOGS/USDT chart reveals an interesting pattern after a two-month downtrend. We're now seeing short-term price corrections forming across multiple timeframes.
These corrections are consistently reaching the 0.50 and 0.618 Fibonacci retracement levels, as well as the 50-period moving average on each respective timeframe.
Based on this observation, I've identified a potential entry point for a short position at the upper range of $0.002550.
My entry and exit points are clearly marked on the chart for your reference.
Profitable trades to all!
The 🐶 DOGS/USDT chart reveals an interesting pattern after a two-month downtrend. We're now seeing short-term price corrections forming across multiple timeframes.
These corrections are consistently reaching the 0.50 and 0.618 Fibonacci retracement levels, as well as the 50-period moving average on each respective timeframe.
Based on this observation, I've identified a potential entry point for a short position at the upper range of $0.002550.
My entry and exit points are clearly marked on the chart for your reference.
Profitable trades to all!
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.
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.