AlirezaHajian

Dogecoin trend importance

Long
BITTREX:DOGEUSD   Dogecoin
Dogecoin :::
Now, after a 50% correction in this Coin, we are witnessing the significant support of 30 cents. Two trends can occur here:
1- The blue trend that can confirm 30 cents and in this range by reducing the sales pressure is building significant support with the aim of growing up to 55-60 cents.
2- The red trend that can break the support of 30 cents and move to the bottom of 10 cents after a cross-sectional fluctuation.
Which one happens depends on whether the 30-cent border is supported or broken. It remains to be seen what support Elon Musk has for Doge at this border and at the 30-cent border these days.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.