Doge is recovering faster than Bitcoin here as usual, and it looks strong because there are 2 key supports holding the price up.
But right now the Sell volume is high which means that the price might lower down to those support area as shown on the chart to get some more strength before going back up. it might be because of the resistance on Fib and also the Middle Bollinger Band.
So if you're into opening long positions, wait until the price touches a good support area and the after it broke resistance, and closed a 4H candle above that area, you can open long positions and aim for the targets as you can see on the chart.
Current Market Price: $0.3131
Good Luck
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But right now the Sell volume is high which means that the price might lower down to those support area as shown on the chart to get some more strength before going back up. it might be because of the resistance on Fib and also the Middle Bollinger Band.
So if you're into opening long positions, wait until the price touches a good support area and the after it broke resistance, and closed a 4H candle above that area, you can open long positions and aim for the targets as you can see on the chart.
Current Market Price: $0.3131
Good Luck
Tell me your ideas. Like and Share
