🔥 "DOGE TO THE MOON OR BACK TO EARTH? 🔥
Here, take a look at this DOGE/USDT chart.
It's up 3.69%, but the order book is heavy on the sell side (64.47%).
Buy Signal (Long):
1. Cross EMA:
Price must be above EMA(8) and EMA(20) as confirmation of bullish momentum.
EMA(8) must cross EMA(20) from below (golden cross).
Sell Signal (Short):
1. Cross EMA:
Price must be below EMA(8) and EMA(20).
EMA(8) crosses EMA(20) from above (death cross).
What does it mean?
The market is playing a tug-of-war. Bullish momentum or Batman trap?
📊 Support at $0.31347, resistance at $0.32758. If it breaks above, get ready to see DOGE soar!
But if it's not strong enough, well... the correction will create drama.
💡 Trading scalpers, get ready to brush the EMA and monitor Bollinger Bands.
Momentum like this often provides quick opportunities! 🔗 If you're still just watching, you better open the chart now.
Maybe DOGE has already made a big move while you're busy scrolling through social media! 🚀