DOGS: Chance for redemption?
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Bullish Scenario:
What Needs to Happen: The price needs to break above the descending trendline and sustain above the 0.0010845 USDT support level.
Target: Move towards the next resistance levels, potentially higher than 0.0011753 USDT.
Bearish Scenario:
What Needs to Happen: The price fails to break above the descending trendline and continues to respect it as resistance.
Confirmation: A drop below the 0.0010845 USDT support level will confirm further bearish momentum.
Target: Move lower, potentially testing previous lows, and further downtrend continuation.
This analysis hinges on the price action around the descending trendline and key support/resistance levels. Monitoring these areas will provide clues on the next significant move for DOGS/USDT.
Trade Safe,
Trade Clarity.
Bullish Scenario:
What Needs to Happen: The price needs to break above the descending trendline and sustain above the 0.0010845 USDT support level.
Target: Move towards the next resistance levels, potentially higher than 0.0011753 USDT.
Bearish Scenario:
What Needs to Happen: The price fails to break above the descending trendline and continues to respect it as resistance.
Confirmation: A drop below the 0.0010845 USDT support level will confirm further bearish momentum.
Target: Move lower, potentially testing previous lows, and further downtrend continuation.
This analysis hinges on the price action around the descending trendline and key support/resistance levels. Monitoring these areas will provide clues on the next significant move for DOGS/USDT.
Trade Safe,
Trade Clarity.
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Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
İlgili yayınlar
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.
More on the TradeDevils Discord discord.gg/p9bjnpwnMc
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
İlgili yayınlar
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.