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Tamadoge (TAMA/USD) Trade Is Hiking, Pushing Above SMAs

Johnathon Fox
09/07/2023 | UPDATED ON: 09/07/2023

Tamadoge Price Prediction – September 6
In light of bears that have not been able to launch ideal depressive pushes in the transaction lines of Tamadoge versus the US coin, the crypto trade is hiking and pushing above the moving averages.

This negotiation scenario has also hinted at bulls consolidating in a higher trading place in an endeavor to maintain the path’s systemic extension to the north. The important underlying support that traders’ desired entry positions may encounter at any given time must be determined in advance. The resistance line at $0.01200, which long-position takers would need to break in order to sustain their positions ahead of volatile motion, needed to be taken into account in the interim.

TAMA/USD Market
Key Levels
Resistance levels: $0.01200, $0.01250, $0.01300
Support levels: $0.01000, $0.009500, $0.009000

TAMA/USD Medium-term Chart

The TAMA/USD medium-term chart showcases that the crypto trade is hiking and pushing above the trend lines of the moving averages.

Indicators have passed the upper range line marked at $0.009000 in order to take a position against the potential of any price action that might at any time turn against them. The 14-day SMA trend line is $0.010524 above the $0.009581 value line of the 50-day SMA trend line. The stochastic oscillators have penetrated into the overbought region, placing slightly southbound from the value of 88.74 to 87.30.
Tamadoge (TAMA/USD) Trade Is Hiking, Pushing Above SMAs

What pattern do the current TAMA/USD market activity’s trade candlesticks show?

There have been reoccurrences of seeing the TAMA/USD market reshaping around the trend lines of the MAs, given that the crypto trade is now hiking and pushing above the indicators.

The capacity of the bounce has been fairly staged and focused on the $0.01000 support line. Therefore, continuing comebacks from around it would technically be required by investors in order to preserve the current increases’ validity and be favorably active against further pushes in the direction of the north.
Tamadoge (TAMA/USD) Trade Is Hiking, Pushing Above SMAs

TAMA/USD Short-term chart

The TAMA/USD short-term chart reveals that the crypto-economic trade is hiking and pushing above the path of the moving averages.

A number of smaller candlesticks surfaced southerly at one point in recent memory, crossing the trend lines of indicators to contact the level of $0.01000 for developing support before allowing a bounce from it. The 14-day SMA is currently positioned above the 50-day SMA. The stochastic oscillators have temporarily reversed direction to move back into the oversold area. They are situated between 21.35 and 29.51. It demonstrates that buyers aim to increase the value of the ensuing actions.

Play, earn, bet, and repeat. In less than a week, more than 37 million TAMA (https://twitter.com/search?q=%24TAMA&src=cashtag_click) have been staked. Put yours on the line right away at http://tamadoge.io/buy-tokens (https://t.co/Qa1cAZ5Qyh).

Game, Earn, Stake, Repeat.

Over 37 Million $TAMA has been staked in less than a week. Stake yours now 👉 https://t.co/Qa1cAZ5Qyh pic.twitter.com/MLSAVi1lKU

— TAMADOGE (@Tamadogecoin) September 6, 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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