Forex_Academy

DOGE, buyers pressure ahead.

BITTREX:DOGEUSD   Dogecoin
DOGE continues its slow rise in the chart and it seems that it has already exceeded the 100-EMA today and although it had a high volume, the result was a volatility that only gave higher long shadow candles that indicate dominance of the buyers. In this 4 hour chart we see how the last candle can be definitive in the price direction, a close above the 100-EMA can indicate buyer's pressure and a possible long entry.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.