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Tamadoge (TAMA/USD) Trade Is Resetting, Gathering Energy

Johnathon Fox
07/11/2023 | UPDATED ON: 07/11/2023

Tamadoge Price Prediction – July 10
A succession of slight falling motions in the market valuation of Tamadoge has been resetting, gathering energy against the purchasing force of the US currency.

At this moment of active moves in the market, price is relatively responding to a diminution progression toward finding a lower spot where a baseline will be established. In light of that continual slope-running style, long-position takers are to get repositioned between the points of $0.01100 and $0.01000. From a psychological point of view, the situation shouldn’t be termed boring by investors, as brighter, more profitable days are in the pipeline. The moment the trade operation spirals, it might produce panic buys. Therefore, it is a good idea to continue buying the dips.

TAMA/USD Market
Key Levels
Resistance levels: $0.01300, $0.01400, $0.01500
Support levels: $0.01000, $0.00900, $0.00800

TAMA/USD – 4-hour Chart

The TAMA/USD 4-hour chart reveals that the crypto-economic price is resetting toward gathering energy from a lower-trading zone that can be achieved between $0.01100 and $0.01000.

The motion on the current trading candlesticks has produced an index supporting a correction movement that is ongoing for the crypto from the point of the 14-day SMA, which is underneath the trend line of the 50-day SMA. The Stochastic Oscillators have retained their positioning southbound from the overbought region, from 78.83 to 65.01.
Tamadoge (TAMA/USD) Trade Is Resetting, Gathering Energy

Should new investors avoid following the trend at this time?

It is one of the good characteristics of emerging markets to rise and fall. And in the process of falling, so many opportunities are provided, just as we are having them in the case of TAMA/USD, given that the price is resetting and gathering energy.

From my observation, the price of the crypto economy has made a low push in order to allow more capital to flow in before resuming bouncing sessions against the path to break out at the resistance trait bordering around the 14-day SMA trend line so far. In the meantime, southward shifting procedures are to be reduced soon around the support trading zone of $0.01100 or in an extension to $0.010000. That said, buyers should avoid using large lot sizes or the execution of multiple longing positions.
Tamadoge (TAMA/USD) Trade Is Resetting, Gathering Energy

TAMA/USD 1-hour chart

The TAMA/USD 1-hour chart reveals the crypto price is resetting its positions downward toward gathering energy.

The moving trend mode of the indicators has been more eastward; indicating a chain of ranges is in the cards. Variant trading candlesticks have emerged to show that prices have been shifting in reductions. And that has forced the Stochastic Oscillators to range from 16.69 to 15.26. It shows that pushing to the downside is somewhat slowing down the pace. Investors should continually hold firmly to their trade system myth.

Memecoins without any use = To discover $TAMA’s use cases (https://twitter.com/search?

To discover more about the Tamadoge Arcad’s and $TAMA’s uses

 

Memecoins with no utility = 🤪

To learn more about the utility of $TAMA and the Tamadoge Arcade’s play-to-earn ecosystem, read our blog 👉 https://t.co/n1MbYVVb7U pic.twitter.com/33xj2W63Xa

— TAMADOGE (@Tamadogecoin) July 10, 2023


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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