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Tamadoge (TAMA/USD) Trade Is Down, Prepares for a Shoot-up

Johnathon Fox
01/20/2024 | UPDATED ON: 01/20/2024

Tamadoge Price Prediction, January 19

A large depressive pushing weight has been systemically exercised by bears in the market activities of Tamadoge versus the valuation of US coin, given that the TAMA/USD trade presently goes down to prepare for a shoot-up.

Since lower lows have formed on a manner of sustained movement to the downside of the lower Bollinger Band, the current state of trade has demonstrated that there are more opportunities to purchase at varying price points. It is advised that the process of accumulating points to secure market positions continue, regardless of how long the market takes to rise.

TAMA/USD Market
Key Levels
Resistance levels: $0.0075, $0.0080, $0.0085
Support levels: $0.0065, $0.0060, $0.0055

TAMA/USD Medium-term Chart

The TAMA/USD medium-term chart reveals the crypto-economic trade goes down, preparing for a shoot-up even though it has yet to make a basis.

The Bollinger Band trend lines have been stretching southerly in response to the impact of sellers. It should be considered necessary for buyers to keep a point along some of the drops. The stochastic oscillators have been having the blue line swerve largely around the zones of the oversold region.
Tamadoge (TAMA/USD) Trade Goes Down, Prepares for a Shoot-up

Is it still theoretically permissible to engage in shorting below the TAMA/USD market’s $0.0070 mark?

As we do still believe that most of the drawdown has shown differential productive points toward getting decent reburying moments, as the TAMA/USD trade goes down, it prepares for a shoot-up.

The degree of negative impulse has been present without allowing a good shorting entrance, which indicates that the declining swings are not worth paying much attention to because they are likely to keep much lower lows through a variety of lower places. Right now, long-position takers shouldn’t be discounted. There will be a resurgence of unparalleled rebounding gravity in a recovery state that has been kept pending.
Tamadoge (TAMA/USD) Trade Goes Down, Prepares for a Shoot-up

TAMA/USD short-term chart

The TAMA/USD short-term chart reveals the crypto-economic trade goes down, preparing for a shoot-up.

Even though certain drops are going against the core of the cryptocurrency economy, the execution of the selling order may be difficult this time. The trend lines of the Bollinger Band have been shifting to lower zones. The blue line has been crossing southward on the stochastic oscillators, approximately at a value of forty. Buyers should continue to believe that there will be additional highs.

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Launching on Android and iOS soon pic.twitter.com/C9mKnALPdQ

— TAMADOGE (@Tamadogecoin) January 18, 2024


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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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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