Dogecoin (DOGE): Keeping Eye On 200EMA
We are back with Dogecoin, where we are looking at that 200 EMA in a 4-hour timeframe.
We see that indicators have stabilised and the price of DOGE is not in oversold so we are looking for a possible rejection from EMA. If we see it, we should be seeing a good downward movement to lower zones!
Swallow Team
We see that indicators have stabilised and the price of DOGE is not in oversold so we are looking for a possible rejection from EMA. If we see it, we should be seeing a good downward movement to lower zones!
Swallow Team
Note
Price or Doge is testing the upper resistance zone, where now all we can do is wait for a weakness to kick in.
So let's wait and see if and when we will see movement!
Note
Dogecoin is still pushy after multiple tests to reach the reach the resistance zone.
Our gameplan is still to wait out for weakness to kick in as long as we are below that 200EMA.
Note
Dogecoin did a nice movement of 15% after getting rejected near our resistance zone.
Ever since that time we been trading below this resistance and re-testing it few times as well!
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🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
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.