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Dogeidea

Doge Usdt 10/20When we look at the monthly graph, you can see that it is at an all-time low. If you look at both the harmonic graph and the formation graph in the monthly period, you can confirm this. When we examine the data of indicators in the monthly time frame, it is possible to receive signals that they are on an upward trend. In the weekly period, you can see an internal fractal harmonic pattern that the trend will return upwards. In addition, when we examine the graph in the weekly and daily time frames, you can see that price movements are consolidated and stuck. When we look at the previous supply areas of current price movements, we can think that this area constitutes strong support and will not easily allow further declines. When we project from past to present, we can see that trend movements are now positive. With an optimistic attitude, this may be an indication that the downward trend has come to an end. However, when we examine the latest price levels, we see that we are trying to complete a harmonious pattern. However, it seems that the D leg has not yet been created. Although leg C appears to have formed, there may be back tests and the price may continue the upward trend by falling slightly lower. Based on this data, we can begin to plan resistance target levels by thinking that it will soon be on an upward trend. Regardless of the pattern that will be generated, it will be possible to determine an approximate sales area if we consider that foot D will expand to at least 1,618. When we look for a resistance zone by simulating the harmonic pattern, we can also see that the resulting price levels correspond to the previous supply levels. After approving the price increase, I expect that it will most likely reach the price levels that I mentioned in the chart above. This area is consistent with past pattern and price movements. However, if there is a strong trend, it may be possible to predict the next target price levels in this graph. When we measure Fibonacci levels by guiding the harmonic pattern, we may encounter resistance zones as follows; When we examine the index data in the daily period, the fact that the ADX is at 13 levels despite being negative gives the signal of an upward turn. When looking at Aroon, it's clear that sellers are getting weaker. The indicative level of buyers indicates that purchases will begin soon. When we look at wallet indicators, it seems that there are still no strong money flows. However, despite the lack of a cash flow, the absence of a strong downward fall is again a signal in favor of buyers. In conclusion, even if there are downward price movements that are not strong, I think that price movements will soon begin to climb upwards. Note: this is not investment advice.
Long
by CryptoBrainn
3
DOGEPERP 1HOURLY NEAR FUTURE PREDICIONSTechnical Analysis Summary DOGE /USDT TREND ANALYSIS We have 2 trends (1 upward (green) and another downward (red) ) creating a triangle formation) FUTURE PREDICTIONS Techicals analysis can only predict move ahead First Scenario We can either continue going up and break the down trend and hit our first resistanse level 0.284572 (In Red) and start the reversal downward. Second Scinario We start moving downward and break the up trend to reach the support levels (0.203440) or greedier level (0.19685) and start reversal upward. I use the momentum indicator only as a additive to my trading but i dont base my trades on it. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
BINANCE:DOGEUSD.P
by husseindergham
2