DOGE Weekly Long
Updated
Doge has recently retested the EMA on the weekly chart as well as the daily EMA. I would expect to see a bounce from this to the first target point of 0.3059. If the resistance is overcome the next target point would be .3510. A further target point would be 0.4396. Considering this is on the weekly chart, a push to the last target point is completely within reason. Blue lines indicate current channel. Red lines are resistance/target areas. Thick red line is EMA 20. Purple line is potential new upper area of channel. Green line is major support.
Note
Currently tracking along as intended. As BTC runs out of steam and tests supports, funding will more than likely flow to alts and push them higher.
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