DOCK/USDT Facing on strong supply, Could DOCK Break or rejected?💎 DOCK has recently undergone significant developments in the market. Currently, DOCK is encountering a critical strong supply area.
💎 About a week ago, DOCK made an ambitious attempt to breach this formidable resistance but faced a robust rejection, resulting in a retracement to the support zone.
💎 Presently, it is making another endeavor to overcome this resilient supply barrier, and a successful breakthrough could ignite a bullish wave, propelling the price significantly higher and probability of reaching the formidable resistance area.
💎 Nevertheless, should DOCK encounter another setback and exhibit bearish rejection akin to its prior attempt, there is a possibility that the price could revisit the support zone to establish fresh momentum.
💎 The support zone holds paramount importance, and a rebound from this level is essential to uphold the bullish outlook. However, if DOCK fails to maintain its position above the support and breaches both the support and its associated trendline, it may trigger a return to a bearish trajectory, leading the price back to the robust support area.
Dockusdtanalysis
DOCKUSDT.1WBased on the provided market data, the DOCK cryptocurrency is currently trading at $0.026 against USDT. The Relative Strength Index (RSI) of 52.65 for 4-hour, 62.84 for 1-day, and 75 for 7-days indicates a neutral trend in the short term but shows overbought conditions in the medium to long term. This suggests that the coin may experience a price correction in the future.
The Moving Average Convergence Divergence (MACD) values are positive across all time frames (0.00091 for 4 hours, 0.00146 for 1 day, and 0.00198 for 7 days). Positive MACD suggests that the coin is currently in a bullish phase across all time frames.
In terms of Bollinger Bands (Bb), the coin is trading below the upper band across all time frames, indicating that it's not overbought in the short term.
The support levels for 4-hour, 1-day and 7-days are $0.02354, $0.023, and $0.017 respectively. If the coin price drops, these levels could serve as potential bounce-back points. The resistance levels for the same periods are $0.030, $0.033, and $0.034 respectively. These are the price levels the coin needs to breach to maintain a bullish trend.
In conclusion, DOCK is currently in a bullish phase but shows signs of being overbought in the medium to long term. It's crucial to watch the support and resistance levels, as well as the RSI and MACD indicators, to understand the future price movement.
Please note that this analysis is based on the current market data and does not take into account potential future events or developments. It's always recommended to do your own research and consider your financial situation before making investment decisions.
DOCK/USDT The Second Pump is coming Or Downward movement ?💎 DOCK has certainly captured our attention, surging vigorously and breaking through the supply zone with ease. Currently, DOCK is undergoing a notable pullback after its previous rally, entering a retesting phase at what was once a supply area, now turned demand.
💎If this demand zone holds firm against selling pressure and facilitates a rebound, there's potential for DOCK to resume its ascent toward the next supply zone.
💎 Reflecting on DOCK's recent performance, it's evident that a robust rally was initiated from the point where the roles of supply and demand zones were reversed, leading to a substantial bounce.
💎 However, there's a downside scenario to consider. Should DOCK fail to maintain its footing at the demand zone, marked by the white line, it could set the stage for further declines. This downturn could extend to the subsequent demand levels or even reach critical support areas, highlighting the importance of the current demand zone's resilience.
DOCKUSDT Analysis (bullish vision)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 0.11 - 0.15 - 0.19
after first target reached move ur stop to breakeven
stop: ~0.06 (depending of ur risk). ALWAYS follow ur RM .
riwk/reward: 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
DOCKUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 0.11 - 0.13 - 0.15
after first target reached move ur stop to breakeven
stop: under 0.7 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
DOCK WILL BE NEW TRENDING OF DECEMBER ?AM AP AD AS AR
AS we know btc support exPected i just recently uploaded btc uPDATE
so for ME there is very strong spports for DOCK as you can se on a volume profile
DCA MUST IF YOU ENTER NOW
you can send me personal message or comment if you have any question
THANKS .
DOCKUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 0.1 - 0.13 - 0.16
after first target reached move ur stop to breakeven
stop: ~0.72 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Will be very APPRECIATE FOR UR DONAT/coins :)
Open to your questions or suggestions(Looking for investors!).
