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If we look at the 4-hour chart, we can see that the EMA 20 is moving inside the body of the Doge Crypto currency candle, which means that it is currently in a Sideways condition, but with the EMA 50 position being above this price movement, this indicates that there is still quite a lot of selling pressure, but with the appearance of a Bullish pattern 123 coupled with the appearance of hidden deviations where the Doge price movement made a Higher Low while the Stochastic Oscillator indicator actually formed a Lower Low, so based on these two facts, Doge in the near future has the potential to be corrected stronger and will try to broke above the 0.11406 level if on its way to breaking above this level it does not If it returns to its original bias and broken below the 0.10318 level, Doge has the potential to continue its strengthening up to the 0.11786 level as its main target and if momentum and volatility support it, Doge will go to 0.12439.
(Dsiclaimer)
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।