Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DOGEUSDT
In this chart, we have R2 and R1 which act as our resistance areas and they both include the unsuccessful attempts of the price in order to rise. And S1 is our long-term support line that shows the support of the price since the past . At the moment, we see the price fluctuating below R1 and moving in a descending channel. Our prediction would contain two possibilities. Either the price will rise toward R2 and by a pull back to R1 and by receiving some confirmation candles, it may rise again. Or the price will be able to fall below R1 and by a pull back to this line, it may face another decline toward S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DOGEUSDT
In this chart, we have R2 and R1 which act as our resistance areas and they both include the unsuccessful attempts of the price in order to rise. And S1 is our long-term support line that shows the support of the price since the past . At the moment, we see the price fluctuating below R1 and moving in a descending channel. Our prediction would contain two possibilities. Either the price will rise toward R2 and by a pull back to R1 and by receiving some confirmation candles, it may rise again. Or the price will be able to fall below R1 and by a pull back to this line, it may face another decline toward S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
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