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Dogecoin Discount Incoming: Analyst Reveals When To Start Buying Newsbtc hace 1 semana

Dogecoin Discount Incoming: Analyst Reveals When To Start Buying 🐶

The price of Dogecoin might experience another significant drop, according to a crypto analyst, creating an opportunity for traders to buy at a discount before a potential rise. If Dogecoin fails to break a key resistance area, its price could drop to $0.125.

TradingView's Dave Hunter attributes this bearish projection to Dogecoin's current volatility, suggesting traders hold off buying until a retracement to this resistance level occurs. The analyst advises shorting due to Dogecoin's declining trend, emphasizing the importance of liquidity sweeps and stop-losses.

Despite the bearish outlook, a TD Sequential buy signal on Dogecoin's daily chart indicates potential for a price rebound, as highlighted by Ali Martinez.

Fuente: www.newsbtc.com ↗

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