DOGECOIN failed to grow in the previous analysis, and as I said before, the condition for its increase firstly depended on the breaking of the pivot area as well as the close-up of the weekly candle above it, which failed and began to fall with bitcoin went down to support range. And after reacting to the downward trend line on the floor, we saw that it returned.
so Now,
as we see in the 4-hour timeframe, it may grow to a higher volume ranges if maintain this range box , but if it loses its current level, it can fall to the support level again.
And to start a new and powerful rally, what it needs is the crossing up of lower EMAs with higher EMAs (21EMA red -50EMA yellow-100EMA light blue-200EMA dark blue)
🛑resistance level: $0.1627 -$0.172 /// 0.188-0.193$ ///0.2142-0.2244
🆚pivot zone: $0.139-0.143$
❇️support levels: $0.126 & $0.12 & trendline
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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