1. A few days ago DOGE broke the diagonal resistance on both the USD and BTC charts and retested it as support. 2. It also broke the 21 dma on both charts and holds them as support as well.
Based on previous performance, we can expect continuous bullish momentum with potential profit-taking targets of $0.30, $0.35, and $0.45 over the next few days/weeks.
Breaking the 21 dma support and closing below it as resistance would invalidate this idea.
Note
The first target of $0.35 was reached. I am keeping my position and not taking profits yet because the overall crypto market seems bullish.
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.