AtlasTrades

Dogecoin can break resistance line and continue to rise

Long
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Hello my friends, today I want to talk to you about Dogecoin.

I made a few conclusions about Dogecoin.

Price traded inside of consolidation and made downward impulse.

Then Dogecoin fell from consolidation to support line which is located at support area and start move up.

Recently price bounce up of support line to resistance level.

At the moment Dogecoin trades near resistance level.

I expect that price can bounce up and break resistance level.

Then price can make retest to new support level and continue move up.

Therefore I set up two targets at $0.1030 and $0.1110 levels.

I expect such a scenario.

This is an article not financial advice, always do your own research.

If you still have questions, you can write it in the comments below and I will answer them.

And please don't forget to support this idea with your like and comment, thanks.
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.