Price Trend Analysis - The Wealth Adventure of DOGE!
Recently, the price of DOGE has been dancing between 0.09536 and 0.10697 like a happy little bird, showing an overall trend of oscillation and upward movement! The long bullish candle on the 13th shone brightly, and although there was a slight pullback afterwards, the previous low remained strong and unbroken, showing great resilience!
Technical Indicators: MACD: The DIF and DEA are gradually approaching the zero axis, indicating that the sentiment of the young lads is heating up! The MACD histogram has turned from negative to positive, signaling that the bullish momentum is gradually strengthening, and the pace of the bull market is quietly accelerating. RSI: The current RSI value of 52.75 vaguely reveals a hint of strength, fully demonstrating a "welcoming" posture. EMA: The short-term EMA (7) has successfully crossed above the medium-term EMA (30), and is getting closer and closer to the long-term EMA (120), clearly indicating a short-term upward trend, as if telling us, "Keep it up, friends!"
The trading volume has slightly weakened but still remains relatively high, making the market's activity truly exciting! Therefore, Liying predicts the trend of DOGE: continue to rise!
Buy/Sell Points - Seize the Opportunity and Strike Easily!
Long Position 1: 0.100 (Reason: Psychological barrier, close to the previous low, with strong support, like a reliable companion!)
Long Position 2: 0.095 (Reason: Further probing to a stronger support level, closely approaching the lows of September 7th and 8th, as if beckoning to us!)
Stop Loss: 0.093 (Reason: Once it falls below the important support level of buy point 2, ensure to leave yourself a way out to avoid being scared by a deep pullback!)
Short Position 1: 0.110 (Reason: Psychological barrier, close to the recent high, with strong pressure, worthy of awe!)
Short Position 2: 0.115 (Reason: Further upward movement to a stronger resistance level, close to the position of the EMA120 moving average, preparing to face possible challenges!)
Stop Loss: 0.117 (Reason: Once it breaks through the important resistance level of sell point 2, quickly retreat to protect your investment boat!)
Friends, as long as you grasp these points, the wealth adventure of DOGE can proceed smoothly without obstacles. Let's go and give it our all!
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