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Technical analysis by UltimateKnowledge about Symbol DOGE: Buy recommendation (11/14/2024)

https://sahmeto.com/message/2969964
UltimateKnowledge
UltimateKnowledge
Rank: 11286
1.5
Buy،Technical،UltimateKnowledge

Currently the 1H RSI is at levels not seen since $0.18We have the 50 Bar EMA acting as a historic fundamental support. We have fib levels holding strong suggesting a move to the next fib zone which is somewhere between 57 and 66 depending on where you start the base. About 66% confident on a move higher, if we do crash the worst case scenario is $0.26 with a more likely bottom of $0.31-0.33 area. Again, I think we bottomed already but if i were to open a trade here my stop loss would be under 25.Cycle targets: Target 1: $0.60Target 2: $0.89Target 3: $1.16Severe pullbacks likely after hitting each milestone's region. Use Caution

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$0.38174
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