Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOGEUSDT
In our last analysis on November 13, we had the prediction of a falling trend to happen and now one of our targets is hit by our expectation. There is R2 on the top that used to be a support area. R1 is a resistance area which expresses the price was not able to rise at some points and S1 is a support area which contains the support of price since the past. Presently, we have the fluctuation of price in S1 area and we believe two scenarios will be there to happen. Either the price gives us some confirmation candles to rise and it would experience a rise up to R1 and even higher than that. Or it is probable that the price loses the support at S1 and then a decline will be waiting for it to some lower amounts. Note that it is recommended to activate your stop-loss points due to the unstable situation of market.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DOGEUSDT
In our last analysis on November 13, we had the prediction of a falling trend to happen and now one of our targets is hit by our expectation. There is R2 on the top that used to be a support area. R1 is a resistance area which expresses the price was not able to rise at some points and S1 is a support area which contains the support of price since the past. Presently, we have the fluctuation of price in S1 area and we believe two scenarios will be there to happen. Either the price gives us some confirmation candles to rise and it would experience a rise up to R1 and even higher than that. Or it is probable that the price loses the support at S1 and then a decline will be waiting for it to some lower amounts. Note that it is recommended to activate your stop-loss points due to the unstable situation of market.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
