ForecastCity
Long

There is a trading opportunity to buy in DOGEUSD

POLONIEX:DOGEUSD   Dogecoin / US Dollar (calculated by TradingView)
Technical analysis:
. DOGECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00230 to 0.00165). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00230)
Ending of entry zone (0.00165)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:

Take Profits:
TP1= @ 0.0031
TP2= @ 0.0039
TP3= @ 0.0047
TP4= @ 0.0059
TP5= @ 0.0074
TP6= @ 0.0101
TP7= Free

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And we go up or not??
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@seba26-77, The forecast is valid. The price just touched Buy zone again and we are waiting for it.
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seba26-77 ForecastCity
@ForecastCity, How deep it can fall even before it bounces?
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Thank you for your invaluable posts, forecasts and explanations.
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@fxniki,
You're welcome!
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