Good Morning Everyone,
DOGE is showing signs of being over bought. No this does not get us out of the woods yet.
on the 4HR we currently have one area of support which is still holding. We also have a secondary area of support on the hourly which is also holding. This is a good sign. However on the hourly chart our most recent movement was a rejection back down to test out supports.
We could expect some consolidation at this level and potential try to pierce that resistance or the price action will continue downwards.
ENJOY!
DOGE is showing signs of being over bought. No this does not get us out of the woods yet.
on the 4HR we currently have one area of support which is still holding. We also have a secondary area of support on the hourly which is also holding. This is a good sign. However on the hourly chart our most recent movement was a rejection back down to test out supports.
We could expect some consolidation at this level and potential try to pierce that resistance or the price action will continue downwards.
ENJOY!
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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.
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.