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Tamadoge (TAMA/USD) Trade Is on a Base, Producing Bounces

Johnathon Fox
10/20/2024 | UPDATED ON: 10/20/2024

Tamadoge Price Prediction – October 18

Variant signals have been showing up in the way that both buying selling activities have been demonstrated in the marketing lines of Tamacoin versus the valuation of the American currency, as the financial trade is on a base, producing bounces inputs.

The TAMA/USD market has persistent to rebuild stances at the top of the horizontal line drawn around $0.00075. There is a bearish sign as indicated by the reading posture of the stochastic oscillators to signify that a dipping situation is obtained to denote its time for launching a buy order.

Resistance levels: $0.0015, $0.0025, $0.0035
Support levels: $0.00075, $0.0005, $0.00025

TAMA/USD Medium-term Chart

The medium-term TAMA/USD chart reveals the crypto-economic trade is on a base, producing bounces signals.

Around $0.001, the Bollinger Bands indicators have been continuously moving eastward. A number of candlesticks have bottomed the lower Bollinger Band and are showing increasing bullish indicators. With the intention of veering slightly upward to approach the range of 20, the stochastic oscillators have broken through the oversold area.
Tamadoge (TAMA/USD) Trade Is on a Base, Producing Bounces

Will sellers in the TAMA/USD market continue to push down against the trend line of the lower Bollinger Band?

It won’t be an easy deal for the TAMA/USD trade bears to sustain declines against the lower Bollinger Band indicator, as the crypto-economic market is on a base, producing bounces signals.

It is conceivable that the prolongation procedure, which has been generating delays in cryptocurrency agreements to trade at reduced places, is enabling new capitalists to enter at sensible reduction levels. According to such supposition, the order that must take precedence over other presumptions is the accumulation of points.
Tamadoge (TAMA/USD) Trade Is on a Base, Producing Bounces

The TAMA/USD short-term

The TAMA/USD short-term chart indicates that the crypto-economic trade is on a base, producing bounces signs.

Given that the stochastic oscillators have been veering northward over various points, the hourly technical settings of the indicators are displaying bullish indications. The indicators of the Bollinger Bands have continued to move eastward. In the long term, buyers would thus need to hold off on gaining further points before the long-anticipated bounce-off.

By taking care of your own cute pet, you may earn tokens in the free virtual pet game Tamadoge!

Tamadoge is a free-to-play virtual pet app where you can earn tokens by caring for your own adorable pet! 🐶

Download Tamadogi on Android & iOS now to start collecting $TAMA 👇
📱 Android: https://t.co/QD0kQsWGMz…
📱 iOS: https://t.co/y3p5LRkfOQ… pic.twitter.com/UN4VcY4EfZ

— TAMADOGE (@Tamadogecoin) August 25, 2024


Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today


Note: Forexschoolonline.com is 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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