Tamadoge Price Prediction – October 22
A kind of sideways trade arrangement has been ongoing between bulls and bears as the TAMA/USD trade rises, pushing via the vital market point of $0.008.
The primary trend line to the support level of $0.007500 is located at the lower Bollinger Band, which is set at $0.007772. A 4-hour candlestick is currently forming as of the writing of this technical article to confirm that buyers are in a prime position to surge despite the velocity’s range outlook. Traders should maintain their presence while clinging to the hope of seeing an uptick in post-trade activity.
TAMA/USD Market
Key Levels
Resistance levels: $0.008500, $0.009000, $0.009500
Support levels: $0.007500, $0.007000, $0.006500
TAMA/USD Medium-term Chart
The TAMA/USD medium-term chart showcases that the crypto-economic trade rises, pushing via the key line of $0.008.
The stochastic oscillators have been placed from 49.993954 to 71.951145. As of the present, uprising movements are backing the possibility of long-position takers dominating the next forces. The Bollinger Band trend lines are placed at $0.008153, $0.007962, and $0.007772, respectively.
Will the bulls on the TAMA/USD market be able to maintain their gains above $0.007772 and the important support level of $0.0075?
Expectation is on the increase as the TAMA/USD market bulls are beefing up the momentum to keep the price positive above the lines of $0.007772 and $0.0075, given that the crypto trade rises, pushing via the value of $0.008.
Pushers in short-term long positions should be on the lookout for any reversal movement, essentially against the support level of $0.007500. In order to assure that bears are losing out in their attempt to fight the current technicality backing the positive moves, gravitational pressures have been applied in a slow-moving manner. Any attempt to lower the valuation of the developing crypto economy will fail since buying activity is expected to continue to be dominant.
TAMA/USD Short-term chart
The TAMA/USD short-term chart showcases the crypto-economic trade rises, pushing via the key bargaining line of $0.008.
In that order, the Bollinger Band trend lines are shown to be set at $0.008103, $0.007973, and $0.007843. The northern stochastic oscillators are situated between 54.955810 and 92.002475. The indicators’ placement demonstrates that short-term traders who want to move even further to the north should instead adopt the same trading mentality as long-term position holders.
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