DOGE follow-up and chart analysis, simplified and clear version

#The U.S. House of Representatives Passes BTC Bill
The performance of Dogecoin last night, as Jinbao said, after stabilizing in the pressure range, broke through 479, Long Wick Candle 481, and then quickly fell back. The speed of this car wash is really fast, catching many people off guard. In the short term, the general trend may still be sideways, with Long Wick Candles above and below, and a consistent short-term mindset.
Friends, don't rush blindly into the market. If you have Spot, don't worry, Jinbao's point of view is still the same, DOGE 0.48 is just the beginning, not the end!
Did you hear? DOGE has some new developments again. Yesterday at noon, DogeDesigner, the designer of DOGE and MyDogeWallet, tweeted on social media that Musk's boring company has accepted DOGE as payment. Now you can book a car and pay with DOGE. As soon as this news came out, the price of DOGE rose from $0.428 to $0.48 in no time, and then pulled back.
This DogeDesigner has an extraordinary relationship with Musk and can be said to be partners in promoting DOGE. Today he tweeted again that TSL only accepts DOGE as a commodity payment, not BTC. This ambition is really not small! It seems that DOGE's position in their hearts is not low. In the long run, Jinbao still has a good view of DOGE.
follow Jinbao, I will inform everyone at the first time when there is a suitable entry point!
Short-term analysis of market data, in short:
After the DOGE daily candlestick support, there are signs of pullback in the Bollinger upper rail, and the MA is shrinking. Looking at the 4-hour level, after breaking through the Bollinger upper rail, there is a Long Wick Candle from the hourly to the daily candlestick level resistance level, and then a pullback to the 4-hour support near 0.420. The MACD shows a death cross trend, and the MA shrinks. Looking at the 1-hour level, after falling below the Bollinger middle rail, there is Sideways oscillation, and the current position is near 0.432.
Short-term operation suggestion: Buy near 0.413-0.410, stop loss near 0.405, and target 0.447-0.460.
#Non-BTCzone market trend
If you always can't get the hang of it, feel confused about how to operate, and want to meet a prerequisite for learning: strong executive ability, taking action as soon as possible, please like and leave a message, I will help you make big money!
Disclaimer: Contains third-party opinions, does not constitute financial advice, and may contain sponsored content. See 'Terms and Conditions' for details.
DOGE
0.41036
-11.02%
Copy Link
27.4k
Number of views
9
Second Like

Quotation
1
Share Times
4 replies
Popular
Latest
Lyndsey Knoblock dUld
What does it mean to have a lot near 0.413-0.410? Newbie seeks advise
1 hour

Etsuko Barbot c1fO
Buy
1 hour

maksim jullby
Can this thing rise without Musk's endorsement?!