Doge has been in a long descending channel ever since Elon made his appearance on SNL. But now that the memes have faded it might be time for Doge to make a resurgence.
We are seeing a double bottom on the weekly with a slight bullish divergence in RSI. If there is a breakout from this channel then watch the 50ma ~$0.12 for profit taking
We are seeing a double bottom on the weekly with a slight bullish divergence in RSI. If there is a breakout from this channel then watch the 50ma ~$0.12 for profit taking
Comment:
In the midst of a decent breakout. Watch the $.11 price level which is where the 50ma weekly sits and take some profits there.
Comment:
Closing 33% of my position here at $0.13 due to macro setup with the FOMC meeting today. Doge has shown a lot of strength these past two weeks and I do think it will continue higher after some consolidation back towards the 50ma weekly level.
Comment:
Re-bought @$0.095 with funds from previous closing listed above. 100ma weekly is ~$0.15 and I think we see that re-tested very soon.