DOGE | Gone below the zone of interest, rebound soon!
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Guys, I previously allocated an area of interest of $0.085 for myself and set the grid of orders below, after which I decided that it was better to cancel all orders and wait below.
So here it is:
On the chart, I updated the fibonacci grid and the support and resistance levels and at the moment the price is striving for a strong local support of 0.618 Fibonacci ($0.07250) where I am waiting for the actual rebound and my trade in SCALP.
I think if there is still a rebound, and the downward movement of the entire market does not continue, then we can expect it to the trend line that I showed on the chart from the autumn low.
If the support is broken through $0.07250, then I will expect an asset at the next block of $0.06250 approximately.
Guys, I previously allocated an area of interest of $0.085 for myself and set the grid of orders below, after which I decided that it was better to cancel all orders and wait below.
So here it is:
On the chart, I updated the fibonacci grid and the support and resistance levels and at the moment the price is striving for a strong local support of 0.618 Fibonacci ($0.07250) where I am waiting for the actual rebound and my trade in SCALP.
I think if there is still a rebound, and the downward movement of the entire market does not continue, then we can expect it to the trend line that I showed on the chart from the autumn low.
If the support is broken through $0.07250, then I will expect an asset at the next block of $0.06250 approximately.
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