Coin Circle Academician: 2024.8.11 Dogecoin (DOGE) latest market analysis reference
Yesterday I talked about the layout of Dogecoin spot. Many coin friends asked if it is suitable to enter the market? The answer is very simple. You can start the layout now. Don’t look too far at the target. Just run around 0.15. For contract operation, the daily K-line will continue to be blocked in the short term. The Bollinger Bands are 0.11. From the overall trend, the middle rule is likely to change from a pressure point to a support point, so don’t be too anxious to hold it for the time being. MACD continues to shrink and increase funds, causing DIF and DEA to shrink upward at low levels. Enter the market before the golden cross is formed, and leave the market with a good stop loss point when the previous low is broken. If the target is not broken, leave the market above 0.15, and the idea remains unchanged.
In four hours, you can see that there is an exchange point at present. The long and short trends are unclear. You can wait for a while to do contracts. Down, wait for the best entry point, you can also take a position at the current 0.10 position, defend 0.093 to cover the position, and stop loss below 0.0900. There is space below, the market panic has been reduced a lot, the short-term pullback has not started, and the polarization of MACD shrinking downwards indicates that the consolidation time will continue until the end of the month. In the short term, it will go back and forth at the bottom for a while before starting the next stage of stretching.
The specific operation is based on the real-time data of the market. For more information, please contact the author. There is a delay in the release of the article. It is recommended for reference only and at your own risk.
This article is exclusively contributed by the academician of the currency circle and only represents the exclusive views of the academician. A warrior who has been protecting leeks, I wish my fans to achieve financial freedom in 2024, come on!
