DOGE is currently in a compression zone after multiple rejections at resistance and a tightening range. The current support has been tested several times, increasing the probability of a breakdown before any strong rebound.
Main scenario:
Loss of the current level and a move towards lower supports, where a stronger reaction could occur.
Key supports:
0.090 – 0.093
0.085 – 0.088
0.075 – 0.080
Resistances:
0.100 – 0.105
0.108 – 0.110
Price may look for lower levels before deciding the next direction.
What do you think? Breakout or bounce from support? Let me know in the comments.
#DOGE #Dogecoin #CryptoTrading #TechnicalAnalysis #Altcoins #TradingView #Crypto #PriceAction #Trading
.: Morituri et salutant :.
Main scenario:
Loss of the current level and a move towards lower supports, where a stronger reaction could occur.
Key supports:
0.090 – 0.093
0.085 – 0.088
0.075 – 0.080
Resistances:
0.100 – 0.105
0.108 – 0.110
Price may look for lower levels before deciding the next direction.
What do you think? Breakout or bounce from support? Let me know in the comments.
#DOGE #Dogecoin #CryptoTrading #TechnicalAnalysis #Altcoins #TradingView #Crypto #PriceAction #Trading
.: Morituri et salutant :.
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.