It has been a long time since the early bird analysis, friends. Recently, I took a day off on the weekend.
So today, let's take a look at $DOGE .
0.1589 current price to go short, take profit and stop loss at the end of the article.
The MACD on the four-hour level is already rubbing above the zero axis. In this case, if a single position goes below the zero axis, that will be the beginning of a significant drop. At the same time, MACD cannot be used alone; it must be used in conjunction with KDJ and volume. Recently, many friends have asked GareyLuo about the usage of MACD, and what I just mentioned is one of the methods.
At the same time, there is a not very standard double bottom test on the one-hour level, which has also been suppressed by the Bollinger Bands. Here, I will share three relatively simple judgment methods, as early bird analysis generally shares some practical tips.
Short-term for $DOGE :
0.1589 current price to go short, stop loss at 0.162, take profit at 0.15375
Long-term: go short at 0.1589, add position at 0.16334, stop loss at 0.16570
Take profit targets are 0.15375, 0.1506, 0.1491