Tamadoge Price Prediction – May 2
It has been overly demonstrated that a series of leftover falling forces has to persist as the TAMA/USD market is slowly averaging the support line of $0.004 and may continue for some time if bulls are still found relaxing as it has been that the crypto-economic price is southerly, breeding bounce signs.
In order to prevent the negotiating zones from experiencing a restage in lower zones, purchasers must now strongly hold against allowing the moves to the negative toward the $0.004 support line. It’s crucial that long-position placers don’t wait to get position orders just because the market is declining.
TAMA/USD Market
Key Levels
Resistance levels: $0.006, $0.007, $0.008
Support levels: $0.004, $0.0035, $0.003
TAMA/USD Medium-term Chart
The TAMA/USD medium-term chart showcases the crypto-economic price moving down, breeding bounce signs.
The Bollinger Band trend lines are stylishly stretching downward at the lower end to the average of the support line at $0.004. The stochastic oscillators have the blue part bending southbound near the red line to signify that a move to the downside is relatively holding.
Would there be more stable decreases beyond the support line of $0.004 in regards to how the TAMA/USD market moves presently?
As there has been a line of decline prolongation in the market operations of the TAMA/USD, it is not encouraging to go along with any attempts to push lower beyond the line of $0.004, given that the crypto economy is moving down and breeding bounce signs.
As it has been severally demonstrated, the price actions that will be embarked upon are likely to witness different styles of rebounding motions. That means the TAMA/USD market buyers are to add more positions to their portfolio sizes based on the principle of buying from the dips.
The TAMA/USD short-term
The TAMA/USD short-term chart showcases that the crypto market moves down, breeding bounce signs.
The lower lows and lower highs depicted by the Bollinger Band trend lines are consistently placed between the values of $0.005 and $0.004. Long-position takers can typically execute their orders in respectable entry zones found on the lower side of the indicators. To demonstrate that forces to the south are about to lose out, the stochastic oscillators are in the oversold area.
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