DOGECOIN-DAILY: The price retests the resistance at 0.1698!
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As shown on the daily chart the price now retest the resistance at 0.1698, and if breakout happens we expect the price will go up to the next resistance at 0.1942. If breakout fails on the other hand, we expect the price will bounce back down to the retracement zone between 0.136 and 0.152. The main trend on the daily chart is sideways now, but this could be a good indication for the reverse of the trend from bearish to bullish. The best place to buy more with caution is around 0.136.
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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.