CollegeofPips

DOGE Preparing to Move Upward to the 0.01092 Mark ๐Ÿš€๐Ÿš€๐Ÿš€

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BINANCE:DOGEUSDT   Dogecoin / TetherUS
๐Ÿ’ก Trade Idea

๐Ÿ“ˆ Buy Order DOGE/USDT @ 0.008297

๐ŸŽฏ Target Profit 0.010920

๐Ÿ›‘ Stop Loss 0.007450

โŒ Do not risk more than 1 % of your account on each trade

๐Ÿ™‚ Good Luck !

Description:

The price was in a clear selloff and faced a daily support (0.00821) and showed an inverse head and shoulders which indicates a potential reversal from a downward movement to an upward one. We have a confluence zone between the 61.8% Fibonacci retracement level (0.007591) and the daily support that might lead to a reversal. Currently, we are expecting a move upwards to the 0.010920 mark.
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