DOGEUSD - Intraday - We look to Sell a break of 0.2269 (stop at 0.2381)
Daily signals are bearish.
Trades with a bearish descending triangle formation.
The bias is to break to the downside.
The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment.
A break of bespoke support at 0.2300, and the move lower is already underway.
Our outlook is bearish.
Our profit targets will be 0.1954 and 0.1904
Resistance: 0.2550 / 0.2700 / 0.2900
Support: 0.2400 / 0.2300 / 0.2150
Daily signals are bearish.
Trades with a bearish descending triangle formation.
The bias is to break to the downside.
The failure to sustain the break higher and subsequent dip, formed a bearish candle and is negative for short term sentiment.
A break of bespoke support at 0.2300, and the move lower is already underway.
Our outlook is bearish.
Our profit targets will be 0.1954 and 0.1904
Resistance: 0.2550 / 0.2700 / 0.2900
Support: 0.2400 / 0.2300 / 0.2150
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.