Tamadoge Price Prediction, February 4
Following a series of lower lows that have caused an incessant falling dominance pace in the operations of Tamadoge versus the US coin, it has now graduated to a situation denoting that the crypto market slows down action, building up bounces.
Since the price is currently pushing at a speed between $0.006 and $0.004, it is crucial for traders to be able to identify the main entry point that the market typically maintains over time. Almost exactly below the $0.005 line, a series of false falling moments have been made, which could settle great entries for repurchasing position orders above the buy signal side of the lower Bollinger Band.
TAMA/USD Market
Key Levels
Resistance levels: $0.0060, $0.0070, $0.0080
Support levels: $0.0040, $0.0030, $0.0020
TAMA/USD Medium-term Chart
The TAMA/USD medium-term chart showcases the crypto-economic market slowing down, building up bounce environments.
The Bollinger Band trend lines are now contemplating changing the trending pattern toward the north side. A line of candlesticks has made an upward swinging motion to test the resistance of $0.006. The stochastic oscillators have crossed southerly to place around the points of 40.
As here has been some movement near the $0.006 mark, will the path to subsequent sustained increases be more difficult?
A time had occurred to demonstrate that the line around the point of $0.006 making an all-time low in the last year seems to be the zone that the price has to breakthrough its barriers, as the TAMA/USD market slows action, building a bounce index.
The trade point of $0.004 will therefore act as the primary bargaining spot for purchasers to recoup postures fairly before the base cryptocurrency starts proving its supremacy over the value of the US currency, as indicated by the lower Bollinger Bands. It is the responsibility of capitalists to continue reviving the market.
TAMA/USD short-term chart
The TAMA/USD short-term chart reveals that the crypto-economic market slows action, building up bounces around the lower band.
To indicate that certain forces are still under the influence of bears in a lighter mode, the stochastic oscillators have been dipping the blue line into the oversold area. The $0.006 and $0.004 positions are where the Bollinger Band trend lines are systemically positioned. It seems that the primary spot is the lower trading line. Given this, purchasers ought to place yearning orders in those areas.
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