InvestingScope

DOGEUSD: Lower Low on 1D made. Further selling ahead.

Short
POLONIEX:DOGEUSD   Dogecoin
DOGE remains on the correction phase after the late August - early September extraordinary rise. The 1D Channel Down (RSI = 31.500) made a Lower Low if the 0.0043 Resistance holds, a more aggressive Channel Down may emerge on 4H (RSI = 37.863). In any case the long term trend remains bearish and we are still targeting 0.003170 and 0.002000 (1W support).

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