ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor DOGE/USDTPERP Long-Term Trend: Bullish
Key Resistance Levels: 0.19544, 0.20476, 0.21165
Key Support Levels: 0.18047, 0.17035, 0.15962
Daily Chart:
The price on the higher time frame failed to break a strong key support around the 0.17035 USDT mark which led to a long tail to the downside in the yesterday’s bar. This led to the formation of a double bottom and a reversal to the upside.
DOGE/USDTPERP Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the pair succeeded to break the bearish channel to the upside after posting an inverse head and shoulders. The market has moved higher. We expect a lower correction to the highlighted zone before a new move upward toward the target profit.
Signal Idea:
Buy Limit Order @ 0.18097
TP 1 @ 0.19477
TP 2 @ 0.19544
Stop Loss @ 0.17632
Trade Safely 🙂
