Tamadoge Price Prediction, January 29
Smaller, lengthy bearish candlesticks have been in production with little or no tangible decent entry points, given that the TAMA/USD trade is down, making bounces base.
It remains a strong hold that a daily bullish candlestick must appear in order to engulf certain penultimate candlesticks from the lower trade zones, allowing for the possibility of a significant surge in the operations that follow. Days of improved hostility toward forces to the north are becoming fewer, regardless of how long it would still take the market to continue deepening. Consequently, investors should keep holding onto their positions and even increase their holdings.
Resistance levels: $0.0060, $0.0070, $0.0080
Support levels: $0.0040, $0.0030, $0.0020
TAMA/USD Medium-term Chart
The TAMA/USD medium-term chart reveals that the crypto market is waving down, making bounces base over the line of the lower Bollinger Band.
The Bollinger Band trend lines have remained stretching southerly, depicting points around the line of $0.0050 as the vital zones that the market is currently around. The stochastic oscillators have been striving against seeing stable rises below the point of 80.
What is the TAMA/USD market’s trending pattern, as it is currently trading below the $0.005 mark?
The trending formation outlook of the TAMA/USD market as of this time is still relatively bearish, given that the crypto economy is pushing down, making bounces base.
An uprising force is necessary to surface in the wake of generating a bullish candlestick to be able to create a positive wall for buyers to play alongside subsequent rises. . Technically speaking, as time goes on, it is better for long-position takers to focus on attaining further lower lows because this could encourage additional dips.
TAMA/USD short-term chart
The TAMA/USD short-term chart reveals that the crypto trade is waxing down, making bounces base as the price stays around the lower Bollinger Band.
In the oversold area, the stochastic oscillators have been moving southerly, indicating that a downward trend is yet to be over. The trend lines of the Bollinger Band have been extending eastward around the $0.005 zone. In the long run, a further loss of momentum is instrumental to regaining a strong baseline that will produce unexpected upswings in cryptocurrency signals.
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