After the purchase of Twitter by Elon Musk, we saw an increase in the price of Dogecoin.
It seems that the growth of Dogecoin has reached an important resistance zone, and the bearish reversal candlestick pattern also confirms my words = 🌟Shooting Star Pattern🌟.
Also, we can see a Regular Divergence (RD-) between the Price and RSI indicator.👇
I expect Dogecoin will go down at least until the support zone.
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.