TradingView
Lingrid
Apr 3, 2024 1:39 PM

Lingrid | DOGEUSDT test of the WEEKLY low Long

Dogecoin / TetherUSBinance

Description

BINANCE:DOGEUSDT formed a double top at the resistance zone the fell breaking the psychological level at 0.20. It created a long tailed bar at support level which indicates buying pressure. The market formed a new higher and higher lows. If the price break through the key support at 0.12 most likely there well be a lot of sell offs. On the weekly timeframe the market is testing the previous week lows. If it breaks the PWL and pulls back above the it there higher liklyhood of the market moving higher. My goal is resistance at 0.222

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
MyCryptoParadise
Nice analysis! your chart is very clear and accurate. Thanks for sharing!
JustaTechGuy
@MyCryptoParadise, absolutely agree
AliAsghariii
l agree with you
Lingrid
@AliAsghariii, thanks)
Lingrid
What do you think, guys? Feel free to share your ideas ✌️?
More