DOGECOIN UPDATE 9 May 2021
TICKER CODE: DOGEUSD (UPDATE AS OF 9 May 2021)
Company Name: NA
Industry: Crypto Currency / Blockchain
Technical Analysis
1. Megaphone Forming
2. Fibonacci Retracement at 0.618 (Golden Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: Now Ready
1st Partial Take Profit: 0.95
2nd Take Profit: 1.27 or higher (Can consider to full take profit here)
Area of Confluence
3 Resistance:
Previous Horizontal Resistance now Turned Support
Falling Support Trendline
Rising Support Trendline
Should the market fall below 0.32, the next support level is at 0.18
Company Name: NA
Industry: Crypto Currency / Blockchain
Technical Analysis
1. Megaphone Forming
2. Fibonacci Retracement at 0.618 (Golden Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: Now Ready
1st Partial Take Profit: 0.95
2nd Take Profit: 1.27 or higher (Can consider to full take profit here)
Area of Confluence
3 Resistance:
Previous Horizontal Resistance now Turned Support
Falling Support Trendline
Rising Support Trendline
Should the market fall below 0.32, the next support level is at 0.18
Related publications
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