*Simple Analysis*
1) Price broke a strong support level so it'll retest this level or test the next level below it
2) Current trend is down overall
We can conclude that there is more of a chance continuing down since it has been on a strong down trend already. My bias is short to the next level.
The chart shows the 3 possible outcomes, takes your pick.
Hey Guys - So we have a signal from my confirmation indicator & volume, Dogecoin will indeed go up and reach the TP listed. The TP is based on the ATR indicator which suggests average price movement. Price is still above 200 ema so it is in a uptrend still although lately a lack of volume is evident. Stay tuned.