#DOGS
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking down strongly and retesting it.
We are seeing a bounce from the upper boundary of the descending channel. This support is at 0.0001218.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the decline.
We are looking to stabilize above the 100 moving average, but the price is on its way to touching it first.
Entry price: 0.0001205
First target: 0.0001165
Second target: 0.0001144
Third target: 0.0001116
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking down strongly and retesting it.
We are seeing a bounce from the upper boundary of the descending channel. This support is at 0.0001218.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the decline.
We are looking to stabilize above the 100 moving average, but the price is on its way to touching it first.
Entry price: 0.0001205
First target: 0.0001165
Second target: 0.0001144
Third target: 0.0001116
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.