Tamadoge Price Prediction – May 3
The TAMA/USD price has rebounding characteristics around $0.02000. The crypto market has been between the rise and fall value lines of $0.020500 and $0.019726 at a minute negative percentage rate of 0.50. At this point, long-position placers needed to be cautious by awaiting the completion of declines. Bears lack the ideal catalyst to back the continuation of featuring lows below the $0.02000 line.
TAMA/USD Market
Key Levels
Resistance levels: $0.02500, $0.02750, $0.03000
Support levels: $0.01750, $0.01500, $0.01250
TAMA/USD – 4-hour Chart
The TAMA/USD 4-hour chart showcases the crypto-economic price has rebounding characteristics as the business operations form a ranging pattern around the lower horizontal line drawn. The 50-day SMA indicator has weakly broken by the 14-day SMA indicator as it has headed southward. To show that some lower lows featured sideways, the Stochastic Oscillators have migrated southward, holding 33.77 and 32.71 levels below the 40 range line.
What path might the TAMA/USD trade take if the bearish trend intensifies beyond the $0.02000 line?
Heightening pressures by the TAMA/USD market short-position placer around the $0.02000 may lead the trading cycle downward to the lower-trading zone of $0.01750 support. Even if that trading level breaches southward, traders shouldn’t use it as justification for placing a sell order. Given the situation, it was necessary to execute purchasing position orders using a wide range of stop losses. But, instead of selling out, investors should always buy more at the subsequent price drops.
On the downside of the TAMA/USD technical analysis, if bulls remain irresponsive to capitalizing on any attempt to swing high around the $0.02000, bears will continue to press for a short line of lows not worthy of attracting shorting orders because the current situation is much tending to give in back to swing highs.
TAMA/USD 1-hour chart
The TAMA/USD 1-hour chart clearly shows Tamadoge market has rebounding characteristics against the US coin as the price is consolidating around $0.02000. The 14-day SMA indicator remains trending slightly southward below the 50-day SMA indicator. The Stochastic Oscillators have traveled southbound from around the 80 levels to 32.25 and 30.48 points. It is not ideal to go alongside any further fall-offs below the point of the smaller SMA trend line. A longing order can be above all other verdicts.
Forget about Babydoge, TAMA is winning! In the coming days, it will be listed on top CEXs.
https://twitter.com/Tamadogecoin/status/1653374559079342080/photo/1
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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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