Dogecoin 6H TF Analysis : A New Rally ?
Updated
As we can see, the price pumped after Elon Musk's twit which was "Tesla will make some merch buyable with Doge & see how it goes," more than 40% to 22 cents, and the price start to correct after reaching its key resistance and is currently trading in the range of 18 cents.
An important condition for the start a new rally is breaking of the long-term downtrend and Closing the price above 24 cents .
we also see that the price has broken its short-term downtrend and is pulling back to that level in 6H Time frame ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 15.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
An important condition for the start a new rally is breaking of the long-term downtrend and Closing the price above 24 cents .
we also see that the price has broken its short-term downtrend and is pulling back to that level in 6H Time frame ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 15.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Trade closed: target reached
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