#DOGS/USDT#DOGS
The price is moving in a descending channel on the 1-hour frame and is sticking to it strongly and is about to break upwards
We have a bounce from the lower limit of the channel at a price of 0.000740
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.000760
First target 0.000818
Second target 0.000872
Third target 0.000946
Dogsbtc
#DOGS/USDT#DOGS
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at 0.009600
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.000975
First target 0.001071
Second target 0.001123
Third target 0.001182
What will happen to DOGS?As you know, there is not much data available from DOGS and it cannot be analyzed accurately, it is not clear how far the DOGS symbol will drop in terms of price, but DOGS can be analyzed in terms of time.
Before anything, pay attention to the time frame, the time frame is 1H.
When we put the red arrow on the chart, it seems that the DOGS bullish pattern has ended and the bearish pattern has begun.
A bullish pattern lasted for 5 days and 20 hours, and a bearish pattern is expected to take the same amount of time.
Until the date of the vertical line we have marked on the chart, the DOGS correction is expected to continue.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#DOGS/USDT#DOGS
The price is moving in a downtrend on the 1-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 0.001250 from which the price rebounded and
Entry price 0.001290
First target 0.001390
Second target 0.001478
Third target 0.001590