Dogecoin has two ways:
1) to defeat 20 ema resistance. Then up to the Moon! In this situation the dogecoin has an advantage of bullish patterns - Double Bottom, RSI Bullish Exaggerated Divergence, Bullish Failure Swing.
2) to defeat 200 ema support, 0.786 fibonacci support. In this situation - down along the trendline to the point of major support (0.05$).
I believe in first one.
1) to defeat 20 ema resistance. Then up to the Moon! In this situation the dogecoin has an advantage of bullish patterns - Double Bottom, RSI Bullish Exaggerated Divergence, Bullish Failure Swing.
2) to defeat 200 ema support, 0.786 fibonacci support. In this situation - down along the trendline to the point of major support (0.05$).
I believe in first one.
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Disclaimer
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.