Price is still consolidating, and being realistic, I should say that DOGE is a Blade Runner atm.
However, EMA26 shows a strong support and while DOGE didn't close below EMA26 - the previous scenario remains valid and we can assume a false breakout. Closing below will be a sell signal, so as I said before, SL needed under EMA26.
If support is going to fail, I would look for re-entry in the 45-48 area.
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
However, EMA26 shows a strong support and while DOGE didn't close below EMA26 - the previous scenario remains valid and we can assume a false breakout. Closing below will be a sell signal, so as I said before, SL needed under EMA26.
If support is going to fail, I would look for re-entry in the 45-48 area.
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
Note
Bullish Harami Cross on daily. 12 util closeNote
Lower target reached. DOGE synched with BTC again, so, now it's up to BTC where rest of the crypto market will go.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.