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Tamadoge (TAMA/USD) Trade Regresses Actions, Aiming Spiraling

Johnathon Fox
10/01/2023 | UPDATED ON: 10/01/2023

Tamadoge Price Prediction – October 1
The financial trade situation involving the positions of Tamadoge and the US Dollar has generated regressive actions in the crypto-economic trade, spiraling

Bears may risk pushing all the way back to a group of lower trading areas in response to the current falling forces, as seen from a daily chart analytics perspective, in order to open a path that will permit a swift rebounding posture. Below the most recent key marks of between $0.01000 and $0.009000, consistent trading possibilities have been presenting themselves and re-presenting themselves throughout time. As a result, position orders that evoke longing must continue without harboring any fears.

TAMA/USD Market
Key Levels
Resistance levels: $0.009000, $0.009500, $0.01000
Support levels: $0.007500, $0.007000, $0.006500

TAMA/USD Medium-term Chart

The TAMA/USD medium-term chart reveals that the crypto trade regresses, spiraling from lower-trading values of around $0.008000 or even below it.

The 14-day SMA trend line’s trade point of $0.008391 is above the 50-day SMA at $0.008850. The stochastic oscillators are set to move southward between values of 12.33 and 11.36. It nevertheless demonstrates the presence of a depressive influence. Sometimes, a trail indicating a more crippling phase would persist.
Tamadoge (TAMA/USD) Trade Regresses Actions, Aiming Spiraling

What direction do the indicators currently point toward the price gravitational force for the TAMA/USD market?

There have been indications signifying that pressure has to be on its way back to the downside in the business activities surfacing between Tamadoge and the US coin to showcase that the price regresses actions, aiming for a spiraling attitude.

The moves to the downside seem to persist, probably in an effort to go to lower points in order to locate a suitable baseline for the creation of upward swinging motions later on, as the price has been in a depression-moving mode around the level of $0.008000. Therefore, it is strongly advised that yearning orders be maintained against shifting in tandem with the rate of devaluation.
Tamadoge (TAMA/USD) Trade Regresses Actions, Aiming Spiraling

TAMA/USD Short-term chart

The TAMA/USD short-term chart showcases that the crypto-economic trade regresses, aiming for a spiraling sign from lower-trading spots around the point of $0.008000.

The $0.008393 point of the 50-day SMA indicator is directly below the $0.008242 value line of the 14-day indicator. The stochastic oscillators have shifted from the overbought area in a southerly direction to stay between 34.93 and 15.37 points. One of the finest occasions to buy options will materialize if, at a specific moment, a bullish candlestick appears in opposition to the current falling mode.

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Note:Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

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