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Tamadoge (TAMA/USD) Trade Makes a Base, Aiming for Spikes

Johnathon Fox
09/18/2023 | UPDATED ON: 09/18/2023

Tamadoge Price Prediction – September 18
A consistent depression level has continually surfaced to signify that buyers are softening their stances in the TAMA/USD market activities as the crypto-economic trade makes a base around the $0.00900, aiming for spikes.

A line of price reactions that have appeared recently, centered around the price of $0.09000, indicates that selling practices are about to lose out. At this moment in the market, a purchasing frenzy will drive higher values through the previously specified target. Expectations are still pointing in the direction of breaking the $0.01000 resistance figure.

TAMA/USD Market
Key Levels
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.008500, $0.07500, $0.06500

TAMA/USD Medium-term Chart

The TAMA/USD medium-term chart reveals that the crypto-economic trade makes a base bordering around the line of $0.009000, aiming for spikes along the line.

The 50-day SMA’s value line is at $0.010195, while the 14-day SMA indicator is at $0.009725. The price formation process has been progressing in a bearish direction, suggesting that it is time to start purchasing at a discount. The northern stochastic oscillators have moved between 58.20 and 85.67. Sellers are not anticipated to stay longer than is absolutely required, even with that presumption in place.
Tamadoge (TAMA/USD) Trade Makes a Base, Aiming for Spikes

What is currently the expectation placed upon purchasers in the TAMA/USD market?

There has been a financial record situation coming forth in which the price is running below the market values of the moving averages, given that the TAMA/USD trade makes a base, aiming for spikes.

Slowly but steadily, the tendency to move to the south side is beginning to emerge. Long-position placers are to maintain their positions above support levels of between $0.009000 and perhaps in the extension of $0.008500 while repositioning their positions to the upside. It was important to remember that buyers should have faith in their ability to eventually turn any investment they make into a profit.
Tamadoge (TAMA/USD) Trade Makes a Base, Aiming for Spikes

TAMA/USD Short-term chart

The TAMA/USD short-term chart depicts the crypto-economic trade making a base around the line of $0.009000, aiming for spikes from around the trend line of the smaller moving averages.

The 50-day SMA trend line is below the 14-day SMA trend line. The trading indicators are set between $0.01000 and $0.009000 at the current period of operation. The stochastic oscillators have marginally crossed south before quickly crossing back north, remaining between values of 61.18 and 63.14.

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— TAMADOGE (@Tamadogecoin) September 15, 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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