DOGECOIN-DAILY: The price retests the support at 0.2244!
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As shown on the daily chart, on Nov 15 the price broke down the up trend line at 0.257 and went all the way down to the next support at 0.2244. As for now, the price retests the support at 0.2244, if the breakdown happens we expect the price will fall down further more to the next support at 0.1942. If the breakdown fails on the other hand, we expect the price will bounce back up to retest the resistance around 0.26. The main trend on the daily chart is still sideways, and the price direction can't be predicted at this point. The best places to buy more are around 0.22 and around 0.19 or any lower.
........................................ GOOD LUCK
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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.