ATOMUSDinitial stop set
target 29-30 to sell half
move stop to entry
sell another half at 35
trail the rest
Dogecoing
Slow progress on the DOGE Coin.While new ideas are great, it is also important to follow up with any results. Here in accordance with the slow move and due to pressure, we traced a new trend line. That, show the little progress and again, pressure as a resistance. We then understand, that it is also important to look for a watch of a break of some kind, when it will happen. The more sell signals shown, the more resistance, the opposite for support.
For educational purposes only and not intended a financial advice of any kind.
💡Don't miss the great buy opportunity in DOGEUSD @dogecoin
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.2805).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Dogeusdt is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74
Take Profits:
TP1= @ 0.4975
TP2= @ 0.5990
TP3= @ 0.7020
TP4= @ 0.9620
TP5= @ 1.3725
SL= Break below S2
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