Dogecoin / TetherUS
Long

#DOGE/USDT Long Swing Setup

156
#DOGE

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.

We have a bounce from the lower boundary of the descending channel, this support at 0.1660.

We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside.

There is a key support area in green at 0.16200, which represents a strong basis for the upside.

Don't forget one simple thing: ease and capital.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

We have a trend of stability above the Moving Average 100.

Entry price: 0.17120
First target: 0.17420
Second target: 0.17788
Third target: 0.18250

Don't forget one simple thing: ease and capital.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.

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.