Doge is following a descending channel and in a range between 0.165 and 0.25. Bullish divergence is forming and will likely lead to a retest of around 0.25 and the channel's resistance. The retest will be reject in my opinion. If not then price will continue to the upper mid range at around 0.35.
I am very bearish longterm on Doge and I think this coin will fail for many reasons explained in the idea below.
Lower time frames I am bullish at the moment. Keep vigil.
I am very bearish longterm on Doge and I think this coin will fail for many reasons explained in the idea below.
Lower time frames I am bullish at the moment. Keep vigil.
Comment:
buying pressure is good, mid range target almost hit
