Dogecoin (DOGE/USDT) technical analysis
Doge is in a steep downtrend wedge. There are three resistance lines on the way down; the price has already reacted to the first one. The first sign of downtrend change must be the price breaking the upper line of the wedge. However, if the price continues to go down, the horizontal resistance lines can help determine the area from which the price can bounce and change direction.
Note
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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.