parissap

DOGE bearish flag

Short
BINANCE:DOGEUSDT   Dogecoin / TetherUS
#DOGE/USDT
$DOGE broke down from ascending parallel channel, and as long as price stays below the resistance zone I consider it a bearish trend.

🐻 so this channel can act as a bearish flag and drop price toward $0.034.

📉 support zones in this bearish trend that price can react to them are around $0.06 and $0.053

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.