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sahar_not_sarah
Feb 26, 2021 5:54 AM

DOGEUSD showing some weakness 

Dogecoin / US DollarBittrex

Description

On the daily chart we have closed below the 20 day MA and this will now become resistance. Next levels of support is around 0.0475 ish cents as supported by the previous candle closes and a close fib retracement level. We also have the 50 day MA as support if those fail.

The biggest problem I see with DOGE right now is the stoch RSI has hung in the 20s/30s and gone down previously. It'll have trouble again when it hits those again.
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