Dogecoin can test the resistance line and start going down
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Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.
Today, I want to talk to you about the DOGE/USDT chart.
In the graph, we can see how the coin tested the support zone and bounced back.
The price is now trading under the resistance line.
The price can rise a little bit and test the resistance line and then can start to fall.
I expect the price can test the resistance line, after which it can go down and break through the support zone.
So I see 2 targets, 1 target in the zone 0.074-0.070, next target at the level 0.54
This is my opinion, I really hope it will be useful for you.
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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.