InvestingScope

Let the momentum reach the 1W Resistance. Then short.

POLONIEX:DOGEUSD   Dogecoin
DOGEUSD is on a very strong bullish momentum on 1D (ADX = 74.597, Williams = -14.234). It is best to let this movement exhaust its potential, which should be between the 1W Resistace = 0.0084 and the 0.382 Fibonacci Retracement level = 0.0087. The Stops need to be tight between 0.009 - 0.010 as this rise is purely fundamental and can escalate even higher without plausible cause. The target at first is 0.0045.

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