DOGE 05-07-2021 From what I am observing there are a few heavy resistances marked out between .58-.62 causing downtrends when approaching the .60 mark. So far tonight the .60 has been rejected 3 times that have been observed. Once the .58-.62 resistance is cleared the next major resistance that is notable is at .65 which we are going to battle towards. It seems we may bounce between .65 and .60 for a short period of time tomorrow while international markets open then from there we may see more attention towards .65 - .75. Keep an eye on the absolute lowest resistance over 48 hours to make sure you are prepared for any waves.
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.