Great Money Monday, Traders!
Hope you find value from this post.
If you did, pls like and consider following.
Here's a trading idea.
But firstly...
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Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
==============================
DOGE has been above its 21MA for 4 days now and even when it retraced it seems to have found support at the 61.8% Fib Level.
Breaking the 61.8% Fib level will bring DOGE down to the next level at 0.1535 and a further push down will bring it down to the Green Support Bar.
If DOGE bounces of its 21MA its immediate target is 0.18, and further push up could bring it back to it's recent high of 0.2133, 0.2375 @the 50% Fib and eventually towards the 61.8% Fib @ 0.2616
MACD: Bullish Divergence
Stoch RSI: (1WK TF) Oversold Region, maintaining it's Bullish position.
Always remember to place your Stop Loss.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Hope you find value from this post.
If you did, pls like and consider following.
Here's a trading idea.
But firstly...
==============================
Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy this crypto asset, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
==============================
DOGE has been above its 21MA for 4 days now and even when it retraced it seems to have found support at the 61.8% Fib Level.
Breaking the 61.8% Fib level will bring DOGE down to the next level at 0.1535 and a further push down will bring it down to the Green Support Bar.
If DOGE bounces of its 21MA its immediate target is 0.18, and further push up could bring it back to it's recent high of 0.2133, 0.2375 @the 50% Fib and eventually towards the 61.8% Fib @ 0.2616
MACD: Bullish Divergence
Stoch RSI: (1WK TF) Oversold Region, maintaining it's Bullish position.
Always remember to place your Stop Loss.
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader