DOGE • Is it still looking bullish?Following previous vid on DOGE we fell into technical demand zone.
In this videos I go through the technical levels that are worth pay attention and made decision on.
Overall I don't have macro bullish outlook.
Doge may push into the 0.106 range and then completely retrace.
But my opinion of what I think will happen matters little. What matters is to observe how Price will behave around those levels and consider the possible bullish price action described in the video.
DOGEPERP
Dogecoin (DOGE) • Is correction OVER? Is it going to 1$ now? Last video on DOGE got surprising great engagement and feedback. Thank you everyone! 🤝
So DOGE is currently at support but is it over?
Current momentum is extremely weak but what is really more concerning is the lack of volumes.
Not enough people are selling which could imply people handling their drawdowns with great strong doggo owner hands.
If Bitcoin see a pump toward the 45-48k resistance changes is that DOGE will also test resistance at 0.47.
But make no mistake currently the way this is looking doesn't inspire any confidence from volumes, momentum and the whole structure of the trend.
Do I think Doge will be able to reach 1$ and above? Check video for full analysis.
Best 👊
D7R
Dogecoin (DOGE) • More upside likely to come BUTDoge hit another ATH. Taking a fomo long here is risky but since we are still above trendline basis we can take with a 10% of typical position size and stop immediately below the trend-channel basis.
Next best RR setups come at 0.55 or at the last point of support at 0.044.