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DOGE/USDT (Futures) Potential Upward Movement

DOGE/USDT (Futures) Long-Term Trend: Bullish

Key Resistance Levels: 0.17303, 0.18356, 0.19438.

Key Support Levels: 0.15618, 0.15085, 0.14332.

Daily Time Frame:

The price on the higher time frame found a support near the 0.15618 USDT mark which buyers managed to push it to the upside. An inside bar has been left which shows weakness from the sellers. A move to the upside could be seen in the coming hours.

DOGE/USDT (Futures) Medium-Term Trend: Bullish

1-Hr Time Frame:

On the lower time frame, the buyers succeeded to break the bearish trend line and breaking the bespoke resistance level. A big bodied bullish bar has been left above the resistance zone signaling that the market is in clear control by the buyers. A lower correction has been posted before a new bullish impulsive wave.

Buy Market Order @ 0.16053

TP 1 @ 0.17068

TP 2 @ 0.18356

Stop Loss @ 0.15547

Trade Safely 🙂

About Joe Damien

Joe is a proven Forex analyst and manual trader with 6 years of full-time trading experience. He is a swing trader that relies on price action, market structure and Fibonacci retracement. His two most successful pairs are CHF/JPY, CAD/JPY, but his expertise allows him to profit on any asset or pair.

2 comments

  1. Hi Pat,

    Love to watch your videos, I was following you on free signal channel. I would like to join in VIP group, before that please clarify. I am from India, am using MT4 for trading and Octafx is a broker. You were mentioning some of the signal pairs which is not showing in MT4 itself. i.e., yesterday dogeusdt Is there any other application do I need to use.? Forex pairs only available..

    I am not sure I conveyed my query clearly, but hope you understand what I am trying to ask..

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