Dogecoin / TetherUSShort
DOGE, squeeze and breakout as a good selling opportunity
DOGE is in the $0.13-$0.14 range. A large number of people have been accumulating positions in this range. Some to sell, some to buy. It is now worth waiting for a clear prerequisite to open a position, as it is not known who is more numerous, sellers or buyers.
As long as the trend is down and there is no strength from the buyers, there is a high probability that the fall might continue. A squeeze and breakdown of the lower end of the range could be a good selling opportunity.
But I am concerned that there is a lot of volume at the bottom. This could contribute to the upside.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
As long as the trend is down and there is no strength from the buyers, there is a high probability that the fall might continue. A squeeze and breakdown of the lower end of the range could be a good selling opportunity.
But I am concerned that there is a lot of volume at the bottom. This could contribute to the upside.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
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