Dogecoin is trading above all EMAs and MA200.
Only EMA300 remains as resistance.
We have 7 days closing green and even more daily candles slowly but surely creeping up.
This type of action, what we've been seeing since the 30-Dec. low is a sort of bullish consolidation.
You can see prices slowly growing, accumulating, preparing and then suddenly a massive jump.
Patience is key here as usual.
Normally we buy at the bottom/low prices/support and then just hold... Waiting patiently, the market takes care of the job.
Namaste.
Only EMA300 remains as resistance.
We have 7 days closing green and even more daily candles slowly but surely creeping up.
This type of action, what we've been seeing since the 30-Dec. low is a sort of bullish consolidation.
You can see prices slowly growing, accumulating, preparing and then suddenly a massive jump.
Patience is key here as usual.
Normally we buy at the bottom/low prices/support and then just hold... Waiting patiently, the market takes care of the job.
Namaste.
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Related publications
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.