Dogecoin is moving and holding above 0.60. 0.57 was a resistance that became now support. Bullish flag is now broken and it's retesting it, looking for Target 0.75$ before 1$. Between today and tomorrow we could see a lot of volatility due the Elon Musk comparison in SNL May 8th.
Technicals showing how the price is trading inside the red triangle on the daily, we can call the today's candle Elon Musk candle that kissed perfectly the triangle and went down again but it's now above the usual range of 0.22 and 0.28 that we saw for the last week. If price holds above 0.29 we can wait the next catalyst from Musk on the May 8th where he will be...
Dogecoin finds a good support level on the 0.28/ 0.30 cents area ( blu line) Broke the resistance resistance yellow line a couple of times in lower TF like the 15m. Dogecoin could continue this triangle ( in red ) for the 4h TF no major moves before then and could just trade between 0.40 and 0.30 till the break of the triangle targeting the ATH.
Very nice downtrend on gold, now following the descending wedge on the 1h TF, looking now to break down below 1705 level
Closed position 1000pips in profit from 1805 to 1705 to secure profits yesterday and re shorted again around 1725 waiting for target 1685.