Condiciones de negociación
Products
Herramientas
Dogecoin slipped through the $0.0650 low during the New York session on Tuesday, falling in line with projections of a potential pullback. The crypto has found support around the $0.0640 mark intraday on Wednesday and is now trading close to the $0.0660 mark at this point of writing. Bulls will remain poised to hold prices above the $0.0490 interim support to keep the near-term momentum intact.
Dogecoin has carved a larger degree corrective drop between $0.7560 and $0.0490 in the past few months. The corrective zigzag looks complete at $0.0490 for now and a break above $0.0900 will confirm it. Please note that the above drop might be the first wave of a much larger decline in the coming months.
Dogecoin has further carved a lower degree upswing between $0.0490 and $0.0786 in the past few trading sessions. The price is retracing from the above boundary for now and the potential remains for a drag through the $0.0607 mark before it finds support. Traders might want to add more positions around the $0.0607 mark with a potential target above $0.0900 going forward.
Potential rally through $0.0900 against $0.0490
Good luck!
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.