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Technical analysis by Arash-RK about Symbol DOGS: Buy recommendation (2/2/2025)

https://sahmeto.com/message/3219125
Arash-RK
Arash-RK
Rank: 15848
1.5

DOGS/USDT: Price Corrections After Extended Downtrend

Buy
Price at Publish Time:
$0.00024631
Profit Target:
(+1024.59%)$0.00277
Stop Loss Price:
(+878.44%)$0.00241
Buy،Technical،Arash-RK

Greetings, traders, The 🐶 DOGS/USDT chart reveals an interesting pattern after a two-month downtrend. We're now seeing short-term price corrections forming across multiple timeframes. These corrections are consistently reaching the 0.50 and 0.618 Fibonacci retracement levels, as well as the 50-period moving average on each respective timeframe. Based on this observation, I've identified a potential entry point for a short position at the upper range of $0.002550. My entry and exit points are clearly marked on the chart for your reference. Profitable trades to all!

Source Message: TradingView
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