DOGE was fun if you knew how to trade it. The run and hype is over. The retail FOMO investors that completed wave 5 blow off top are the only ones holding the bags now. Indicators are showing real weakness and heavy selling pressure. The symmetrical triangle in a downtrend means continuation to the downside. Not financial advice. Have fun and don't lose your shirt.
- If DOGE closes outside that trend/weak support level then we could see a massive CRASH for DOGGGGGGYYYYY COIN!
DOGE - where do we go from here? Recap 1. Price going higher with decreasing volume 2. RSI bearish divergence 3. Price broke down below 20 (orange shade) and 50 (red shade) of the 4H EMA 4. Price bounced off 200 (purple shade) 4H EMA See the same pattern from mid to late April before the latest run. What's next? In the next week or 2, I'm NEUTRAL. I see...
Hi guys, Honestly , Even many analyis were saying DogeCoin will go up until 0.7 last week. But Let's accept that we all though it was going to moon to 1 dollar range with Elon SNL show. After the show , Unfortunately, DogeCoin literally crashed .Now , it is consolidating price to charge some power. When we look the bigger picture. We saw last months , Doge made a...