π Doge Doesn't Give a Chance for Increases
π Nearest strong support zone: around the 0.382 fibo level of the upward wave.
π Nearest strong resistance zone: around recent highs.
π Technical environment:
π Moving averages: 50/50
π MACD: Downtrend
π RSI: Downtrend
π Price action: Doge bounces off the moving average and heads south again, not much has changed since yesterday. There was a tentative attempt to attack downward during the Asian session but the move was pulled out. I still think that we still have space for declines, which may materialize in the second half of the current week.
π The scenario I'm 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 highs.
π Technical environment:
π Moving averages: 50/50
π MACD: Downtrend
π RSI: Downtrend
π Price action: Doge bounces off the moving average and heads south again, not much has changed since yesterday. There was a tentative attempt to attack downward during the Asian session but the move was pulled out. I still think that we still have space for declines, which may materialize in the second half of the current week.
π The scenario I'm 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
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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
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