Dogecoin (DOGE) – August 25 for POLONIEX: DOGEUSD By ReadCrypto – Todayuknews – Todayuknews

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(DOGEUSD 1W diagram)

If the price holds above the 0.06797120 point, the uptrend is expected to continue.

In particular, we need to see if we can find support in the 0.16991897-0.23923275 zone and via the Resistance zone from 0.34001461-0.37730207.

(1D diagram)

We need to see if we can move above the 0.32034017 point and break out of the downtrend line.

In particular, it should move above the 0.37730207 point to accelerate the uptrend.

If it goes down, you should check to see if it is finding support in the 0.16092054-0.21406041 zone.

If it drops from point 0.16092054, there is the possibility of entering the medium to long-term investment area, so that careful trading is required.

——————————————-

( DOGEBTC 1W diagram)

snapshot

Not much can be said from the current chart.

However, if the price is held above the 260 satoshi point, the uptrend is expected to continue.

In particular, one only has to pay attention to whether the price can be kept above the 574 Satoshi-651 Satoshi section.

This is because the wave cannot be considered complete.

(1D diagram)

We need to see if we can continue the uptrend by moving above the 651 Satoshi point.

If it falls below the satoshi point of 500 it is possible to get into the medium to long term investment space, so careful trading is required.

It can rise near the 260 Satoshi point, however, so be prepared for that.

————————————————

We recommend that you trade with your average unit price.

This is because if the price is below your average unit price, whether it is in an uptrend or a downtrend, the chances are high that you will not be able to make a big profit because of the psychological distress.

The midpoint of all trading starts with the average unit price at which you start trading.

If you ignore this, you may be acting in the wrong direction.

It is therefore important to find a way to lower the average share price and adjust the proportion of the investment so that the funds corresponding to the profits can ultimately regenerate themselves.

———————————————————— —————————————————–

** All indicators are trailing indicators.

Hence, it is important to know that the indicator moves according to the price movement and volume .

For the sake of simplicity, however, when interpreting the indicator, we speak the other way around.

** The wRSI_SR indicator is an indicator that can be obtained by adding settings and options to the existing Stochastic RSI Indicator.

Hence the interpretation is the same as the traditional one Stochastic RSI Indicator. (K, D line -> R, S line)

** The OBV indicator was recreated by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thanks for that.)

** See support, resistance and cut-off points.

** Support or resistance based on the closing price on the 1D chart.

** All descriptions are for reference only and do not guarantee any gain or loss on the investment.

Explanation of the abbreviations shown in the table

R: A point or section of resistance that requires reaction in order to receive gains.

SL: Stop Loss Point or Section

S: A point or section that you can buy to make a profit as a support point or section.

(Short term stop loss can be referred to as a point where gains and losses can be obtained or additional inputs can be made through split trading. It is a short term investment perspective.)

GAP refers to the price difference that occurred when the stock market, CME , and BAKKT exchanges have closed because they are not traded around the clock.

G1: closing price when closed

G2: opening price

(Example) gap (G1-G2)


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