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Coinpedia-Market-Insight

Simple analysis for Dogecoin

Dogecoin / TetherUS (BINANCE:DOGEUSDT)  
Coinpedia-Market-Insight  
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Trend Analysis Chart Patterns Support and Resistance dogecoin doge dogeusd dogeusdt dogeusdtlong dogeusdlong Technical Analysis BTCUSD BTCUSDT Contains image
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trendanalysis chartpattern supportandresistance dogecoin doge dogeusd dogeusdt dogeusdtlong dogeusdlong technicalanalysis btcusd btcusdt containsimage
* Dogecoin is in a healthy uptrend respecting the below ascending trend-line as support creating higher-highs and higher-lows.
* It even has a strong support zone around $0.265.
* Every time the price moves to test the lower trend-line (support) it bounces back up creating a new higher-high.
* Doge is now in a tight consolidation between a support of trend-line 1 and the resistance as the upper trend-line.
* If the price breaks the resistance we can expect a bullish move till $0.35
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