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RSibayan

DOGE - Must Escape The Descending Trend Line

Dogecoin / TetherUS (BINANCE:DOGEUSDT)  
RSibayan Updated   
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators
5
2
trendanalysis chartpattern indicator
Price breaching the Blue support bar could bring DOGE down to the Green Bar.

DOGE pushing out of the Resistance Trend Line will face the Yellow Resistance Bar.

DOGE will have a chance to push further back up as long as it stays above the 21 EMA .

If DOGE prints a Descending Triangle as it dips to the Green Bar, this will be a Bearish move.

More Power To All Your Trades, My Friends!

Ron
Intrepid_Trader
Comment:
Watching this Descending Trend Line. DOGE Bulls must breach this resistance line and stay above the 21EMA.
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Could Hit 35
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DOGE BULLS picked up all the cheap coins!
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Bulls are still struggling to push above the 21EMA and past the trend line.
If they breach the resistance trend line then the next resistance is the yellow bar.
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Potential scenario for DOGE recovery from the accumulation phase.
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The Bulls have escaped the trend line. Launch time!
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Strong 50 EMA support. Current Blue Support Bar served as previous resistance.
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DOGE re-testing the blue bar as support.
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