Dogecoin (DOGE): 2 Scenarios For Doge!
Updated
Dogecoin is looking pretty bullish for us at the moment, which could end up with the price touching that upper resistance zone.
With that being said, we are looking for one of those white zones to be reached from where we will be looking either for a buying opportunity or selling one.
Swallow Team
With that being said, we are looking for one of those white zones to be reached from where we will be looking either for a buying opportunity or selling one.
Swallow Team
Comment
Dogecoin's smaller timeframe is looking bad. We are seeing a struggle to breakout while being near EMAs (which is the zone from where we are supposed to see some kind of bounce).
For alternative movements, we keep an eye on that orange zone, as if we break it we will see a movement towards the lower support zone (on a bigger timeframe).
Comment
Dogecoin tested that lower support zone on a smaller timeframe and had a small bounce.
We are now looking for another attempt to test that same zone or a potential full-scale bounce from here.
Eyes on the current market price!
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