DOGEUSD: Forecast 2023
Medium term idea. The coin has been in accumulation for more than a year. As a rule, after such a long accumulation, an impulse growth follows. Most likely he will be somehow connected with Musk and Twitter.
After breaking through, we expect taking such targets on the chart: 0.1187 - 0.1396 - 0.1653 - 0.2027
We also offer the idea of a more local trade: You can trade in the green channel. When the price approaches the resistance zone, we fix the part, and re-enter on the rebound down. At the same time, we advise you not to touch the main part of the deposit, which lies in the doge, when the pump starts, the price will very likely fly up without any rebounds and retests.
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Medium term idea. The coin has been in accumulation for more than a year. As a rule, after such a long accumulation, an impulse growth follows. Most likely he will be somehow connected with Musk and Twitter.
After breaking through, we expect taking such targets on the chart: 0.1187 - 0.1396 - 0.1653 - 0.2027
We also offer the idea of a more local trade: You can trade in the green channel. When the price approaches the resistance zone, we fix the part, and re-enter on the rebound down. At the same time, we advise you not to touch the main part of the deposit, which lies in the doge, when the pump starts, the price will very likely fly up without any rebounds and retests.
If you like the idea, don't forget to subscribe and rate like👍
Comment:
Update
As we said in one of our previous analyzes - This is a medium-term idea. DOGE has been in accumulation for over a year. And as a rule, such long-term accumulation is followed by impulse growth.
At the moment, the price is trying to exit the channel. For those who bought below, we recommend taking part of the profit from the market. Goals marked with blue lines are relevant.
As we said in one of our previous analyzes - This is a medium-term idea. DOGE has been in accumulation for over a year. And as a rule, such long-term accumulation is followed by impulse growth.
At the moment, the price is trying to exit the channel. For those who bought below, we recommend taking part of the profit from the market. Goals marked with blue lines are relevant.
Update
During the last massive market decline, DOGE did not stand aside.
The coin corrected to the support zone at the lower border of the channel. As we wrote in our previous analysis, when the price passes to this level, you can buy for a small part of the deposit.