DOGECOIN-DAILY-The price retests the dynamic resistance area--7-

As shown on the daily chart for the BITCOIN, the price failed to break down it's crucial support around 30,000 and bounced back up to retest the resistance at 40,000. This was the same time when the DOGECOIN failed to break down it's crucial support too around 0.165 and bounced back up to the dynamic resistance area to retest it. The price now for the BITCOIN finds some resistance at 40,000 and if breakout happens, we will be looking for a higher low which then could be a good indication for the reversal of the trend from bearish to bullish. If breakout fails at 40,000, we expect the price will keep moving sideways between 40,000 and 30,000 until either breakout happens at the resistance around 40,000 or breakdown happens at the support around 30,000.
DOGECOIN on the other hand, retests the dynamic resistance area "Represented by three moving average lines on the chart", if breakout happens, we expect the price will go up to the resistance around 0.28. If breakout fails on the other hand, we expect the price will keep trying to put more pressure on the crucial support at 0.165 to break it down. For holders, the good place to buy more is around 0.165 and around 0.08. We will update the chart if anything changes.

https://s3.tradingview.com/snapshots/0/0IS21u6p.png

https://s3.tradingview.com/snapshots/d/DedaOJWt.png

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GOOD LUCK