DOGE's price is below the 200 EMA, typically a Bearish sign. However, if the price starts to move above this line, it could indicate a changing trend to Bullish.
Elliot Wave - The completion of a 5 - wave downward sequence may suggest the possibility of a corrective phase, or the start of a new up trend.
OBV - Increasing OBV suggest accumulating volume which supports a Bullish outlook if trend continues.
MACD - Appears to be indicating Bullish momentum as the MACD line is above the signal line, which can be a buy signal.
Ichimoku Kinko Hyo / Many Indicators.
Happy Trading.
T.
Please comment and follow. Criticism, Question's or Comments make my day.
Thank you again.
N.B Always manage risk,
Dogecoin, like many cryptocurrencies, can be heavily influenced by News, Social Media, and Broader Market Trends.
Elliot Wave - The completion of a 5 - wave downward sequence may suggest the possibility of a corrective phase, or the start of a new up trend.
OBV - Increasing OBV suggest accumulating volume which supports a Bullish outlook if trend continues.
MACD - Appears to be indicating Bullish momentum as the MACD line is above the signal line, which can be a buy signal.
Ichimoku Kinko Hyo / Many Indicators.
Happy Trading.
T.
Please comment and follow. Criticism, Question's or Comments make my day.
Thank you again.
N.B Always manage risk,
Dogecoin, like many cryptocurrencies, can be heavily influenced by News, Social Media, and Broader Market Trends.
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.
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.