🐕 Doge Continues Decline To Support Zone
🐕 Doge Continues Decline To Support Zone
🐕 Nearest strong support zone: around the fibo level 0.236 of the downward wave.
🐕 Nearest strong resistance zone: around the fibo level 0.382 of the downward wave.
🐕 Technical environment:
📊 Moving averages: Uptrend
📊 MACD: Downtrend
📊 RSI: Downtrend
🐕 Price Action: Doge continues its way south for another day in a row, as I wrote in the last post, there is a very high probability of testing the support zone once again. It looks like the correction in the whole crypto market may still take a while, for now I will watch the price reaction on the nearest support zone, although in my opinion there is a high probability of breaking through it.
📉 The scenario I am playing out is a continuation of the downward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
🐕 Nearest strong support zone: around the fibo level 0.236 of the downward wave.
🐕 Nearest strong resistance zone: around the fibo level 0.382 of the downward wave.
🐕 Technical environment:
📊 Moving averages: Uptrend
📊 MACD: Downtrend
📊 RSI: Downtrend
🐕 Price Action: Doge continues its way south for another day in a row, as I wrote in the last post, there is a very high probability of testing the support zone once again. It looks like the correction in the whole crypto market may still take a while, for now I will watch the price reaction on the nearest support zone, although in my opinion there is a high probability of breaking through it.
📉 The scenario I am playing out is a continuation of the downward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
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