It’s time to buy cheap Dogecoin? This main indicator flash

Dogoin (DOGE) price may approach a turning point, as the Sequential TD index flashing a purchase signal on the trading scheme for three days. This signal, which is set by the Crypto Ali expert on X (previously Twitter), indicates that the last downward trend can lose strength, which paves the way to recover the potential prices.

The most prominent tweet is that Dog is “ready for apostasy” after a strong declining phase. The associated scheme analysis shows a preparation for the purchase of TD serial TD, which often explains merchants as a sign that the pressure pressure has reached exhaustion. This development drew the attention of the market participants who monitor potential price movements.

Dogecoin the last prices and direction analysis

Looking at the Doug scheme, the price has decreased since mid -January, indicating a pattern of summits and lower valleys. There was a significant decrease in early March, which prompted the movement down. But after reaching $ 0.1500, the prices stabilized a little.

Modern candles show that the market is not sure what to do then. Small bodies with long crumbs indicate that sellers are not paid as before. The descending trend line is currently tested from the highest previous level, and the outbreak of this level can confirm a transformation in the momentum.

Photo source: x/Ali

Doug’s support and resistance levels to watch

Support appears to be about $ 0.1500, as buyers enter before. The resistance is located between $ 0.1900 and $ 0.2000 – the areas that were supported before the prices drop.

If the price of the doge exceeds the resistance, it may rise to $ 0.22 -0.24 dollars. But if this is not able to keep the current prices, we may see another support for support and possibly more declines.

Also read: Why XCN contract is a better investment than Stellar (XLM): Onyxcoin predictions

Doug Market scenarios and price expectations

From a technical perspective, Dog at a critical decision point. If the price exceeds $ 0.1900, the bullish momentum may gain traction. However, the rejection when resistance can lead to another contraction, perhaps payment Dog’s price returns to an area of โ€‹โ€‹0.1500 dollars.

With the TD Series Serial Play Signal Signal, Traders are monitored by Dogecoin movements to assess whether this setting will lead to continuous recovery or if the declining direction is continuing.

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