π Doge Next Wave of Declines
π Nearest strong support zone: around the 0.382 fibo level of the upward wave.
π Nearest strong resistance zone: around recent peaks.
π Technical environment:
π Moving averages: 50/50
π MACD: Downtrend
π RSI: Downtrend
π Price action: the Doge, like the entire cryptocurrency market, chooses the south direction. Exactly as I wrote in my last post. It looks like it could be the beginning of a new downward wave looking at the dynamics of the impulse and the correlation with the entire cryptocurrency market.
π The scenario I am playing out is a continuation of the declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
π If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. π
π Nearest strong support zone: around the 0.382 fibo level of the upward wave.
π Nearest strong resistance zone: around recent peaks.
π Technical environment:
π Moving averages: 50/50
π MACD: Downtrend
π RSI: Downtrend
π Price action: the Doge, like the entire cryptocurrency market, chooses the south direction. Exactly as I wrote in my last post. It looks like it could be the beginning of a new downward wave looking at the dynamics of the impulse and the correlation with the entire cryptocurrency market.
π The scenario I am playing out is a continuation of the declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
π If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. π
π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«
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π² www.t.me/Investmatez π²
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π² To keep up to date with all my activities I invite you to visit my Telegram π²
π² www.t.me/Investmatez π²
π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«π«