How was this wave of short orders for $DOGE ?
The golden retracement zone for Dogecoin analyzed yesterday indeed came true, easily grasped?
Are there any friends who followed along?
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The recent heat of $DOGE has weakened, but the market remains strong. Here's a simple short-term analysis:
Long positions:
0.364—0.370 (this point is at the lower edge of the consolidation range, with two support verifications on the 4-hour chart, this point has support effect)
0.345—0.350 (this point is a major support on the daily chart, with multiple support validations on the 4-hour chart, this point has support effect)
Short positions:
Around 0.410 (this point has two pressure verifications, has undergone a support-resistance transition, and is located at Fibonacci 318, has pressure effect)
0.422—0.436 (this range is the Fibonacci 618—50 golden retracement area, and it is a previous resistance point, with multiple candlestick verifications, this position is relatively safe, friends seeking stability can consider)
Next, what everyone needs to do is wait and observe the price direction to choose positions. I hope everyone understands why I don't provide a specific point for operation, but rather operate with main points and backup points, because prices are variable. If Bitcoin surges, will the strategy need to change? You're not sleeping next to me, how will you know in time if I change the strategy?
Long positions:
0.364—0.370 (this point is at the lower edge of the consolidation range, with two support verifications on the 4-hour chart, this point has support effect)
0.345—0.350 (this point is a major support on the daily chart, with multiple support validations on the 4-hour chart, this point has support effect)
Short positions:
Around 0.410 (this point has two pressure verifications, has undergone a support-resistance transition, and is located at Fibonacci 318, has pressure effect)
0.422—0.436 (this range is the Fibonacci 618—50 golden retracement area, and it is a previous resistance point, with multiple candlestick verifications, this position is relatively safe, friends seeking stability can consider)
Next, what everyone needs to do is wait and observe the price direction to choose positions. I hope everyone understands why I don't provide a specific point for operation, but rather operate with main points and backup points, because prices are variable. If Bitcoin surges, will the strategy need to change? You're not sleeping next to me, how will you know in time if I change the strategy?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
DOGE
0.39872
-1.17%
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