Dogecoin on the daily chart hasn't looked this healthing in a few weeks. Buyers showing strong support at the 5 cent line now trading in a tight range a sign of a breakout soon imo. Anyone with any additions to my analysis I'm just learning how to read charts any comments are appreciated :)
DOGE has been forming a cup and handle for the past few days holding a steady 7 cent support. The 4 hour stoch rsi is turning bullish along with the macd slightly converging. We'll have to keep our eyes on the macd and look out for any large bumps in order volume. If the community keeps doge relevant for a while longer i think we could see price discovery soon.
doge has been testing the 9 cent resistance and forming a funnel. is it getting ready to break out and test the 12 cent line? or will the funnel break down and crash?
