DOGEUSD is forming a support base straight after it breached but rebounded and closed over the MA200 (1d) on February 3rd.
The pattern throughout this Bull Cycle is a Fibonacci Channel Up and the bottom also took place on the 0.236 Fib which was were the rallies of October 2023 and January 2024 started.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.0000 (top of the Channel Up / Fib 1.0).
Tips:
1. The RSI (1d) hit the 30.00 oversold level. This has turned out to be an excellent but entry for Doge long term.
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The pattern throughout this Bull Cycle is a Fibonacci Channel Up and the bottom also took place on the 0.236 Fib which was were the rallies of October 2023 and January 2024 started.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.0000 (top of the Channel Up / Fib 1.0).
Tips:
1. The RSI (1d) hit the 30.00 oversold level. This has turned out to be an excellent but entry for Doge long term.
Please like, follow and comment!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.