Complete Analysis of DOGE/USDT 4h
The chart suggests a transition phase toward an uptrend.
Moving averages are beginning to slope upward, indicating a potential trend reversal. The MACD shows weakening selling pressure and is approaching a bullish crossover, which often precedes upward price movement.
Entry zones: Between 0.14452 and 0.15185 — favorable areas for position accumulation.
Price targets:
First target: 0.20455 (a key resistance zone).
Second target: 0.22942, where stronger selling pressure may emerge.
Risk management: A suggested stop-loss at 0.13561 to protect capital if the anticipated move fails.
If the price breaks and consolidates above 0.17, the market could gain momentum to reach the projected targets. Monitor volume during breakout candles to confirm the presence of buying flow.
The chart suggests a transition phase toward an uptrend.
Moving averages are beginning to slope upward, indicating a potential trend reversal. The MACD shows weakening selling pressure and is approaching a bullish crossover, which often precedes upward price movement.
Entry zones: Between 0.14452 and 0.15185 — favorable areas for position accumulation.
Price targets:
First target: 0.20455 (a key resistance zone).
Second target: 0.22942, where stronger selling pressure may emerge.
Risk management: A suggested stop-loss at 0.13561 to protect capital if the anticipated move fails.
If the price breaks and consolidates above 0.17, the market could gain momentum to reach the projected targets. Monitor volume during breakout candles to confirm the presence of buying flow.
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.
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.