DOGE DAILY

211
Heavy selloff resulting in DOGE wicking the demand zone and the bottom of the range. For me this means two potential entry points:

- The range low revisit with a more steady curved move building a base to rally from. This is the best R:R entry IMO as it is strong support.

- A reclaim of 0.25 would set up DOGE for a move to the midpoint at which point I think it would be wise to take profits or hedge the position as there is no clear direction where DOGE will go. Also if this entry was triggered I would still be very wary of the wick at range low that needs filling.

Not
No LONG trigger on DOGE as 0.25 failed to reclaim.

Looking for a range low revisit and wick fill.
Not
DOGE sat on the 1D 200 EMA for the first time since OCT '24 after wicking under the moving average.

ideally you don't want acceptance under the 1D 200 EMA in a bull market, but if it holds they are great supports to build a position on.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.