DOGEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DOGEUSDT
According to our previous analysis on August 3, we predicted a rising trend and you see that the price had a rise. In the present chart, we have R2 as a resistance line. R1 used to be a support area and S1 is another support line that includes the support of the price at some points. Now you see that the price is fluctuating over S1 and we believe it will fall to this line and here we will consider two choices for the price. Either it is able to fix itself here and rise to R1. Or it is possible for it to fall below S1 and by having a pull back to S1, we predict another decline for it. It is suggested to wait for some confirmation candles and then set your positions and trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
