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Trader_ph
Apr 20, 2022 4:17 AM

DOGE Possible Breakout Opportunity 

Dogecoin / TetherUSBinance

Description

DOGE has been sitting in consolidation over the past couple of hours. There is now a possible breakout opportunity. RSI has been ranging from 50-70 which can be a sign of an uptrend. DOGE is also sitting at a trendline(in yellow) and the 0.236 Fib. DOGE can be considered as breaking out if RSI crosses above 70 and DOGE passes 0.1450 with strong volume. Will be updating this analysis as time passes.

DYOR first, don't forget.

Comment

DOGE breakout wasn't so strong, I'll still keep an eye on this
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