Dogecoin continuously going upside with respecting the trendline giving a bullish signal, even dogecoin also got the structural support which is a 2nd conformation of bullish trend. The MACD indicator also showing positive signal as MACD is going to cross MACD signal Line.
Support : $ 0.29
Resistance : $ 0.33
Target 1 : $ 0.37
Target 2 : $ 0.42
As you can see that i have mention all possible level and we can clearly see that it is falling back from the same level and the volume is quit less than expected however buyers are pushing price above. The Breakout of the resistance will shoot up Ethereum up to 20 %.
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Dogecoin was drop 15% as it broke the Symmetrical triangle and reach to low at $ 0.264850 level, it went up from its demand zone and pumped up price up to 12% from its recent low. The price facing strong resistance from 50 EMA, However it was bounce back from the 200 EMA.
Let see can Dogecoin break the 50 EMA resistance or goes to retest the 200...
Dogecoin broke the Triangle and now started falling down. We have 2 important level of supports where we could expect bouncing back. The price will test the 200 EMA which will be at $0.26 to $0.25 Demand zone as mention in the chart.
Currently we are testing the 100 EMA if the price close below the 100 EMA then the price will fall around 10% more.
Bitcoin rose up to 32% within a month since then it is continuously moving up and right now it is near to break its $50,0000 key level which can possible in next 24 hours and it's 4th day in side way and I am expecting it will close above $50k on daily time frame will conform next bull run.
Dogecoin is making Symmetrical triangle which is indicates a positivity in the market. If the price close above and retest $0.32 level then there will be a final conformation of huge 20% to 25 % up in the market. I have mention the Target area which is $0.39 to $0.40.
I have mention the possible zone in the chart where you can see that we could face the resistance near to $0.34 to $ 0.35 if we break this level then our new targets are $ 0.37 and $ 0.44.
Dogecoin fall 20% from its recent high $0.35 and it got support from the $0.29 and consolidating in sideway before going in any direction. If we close above $0.30 on 4 hour timeframe then it will be a bullish signal. I have mention possible direction and the Demand zone in the chart with the next target.
Next support : $0.27
Demand Zone : $0.25 to...
As mention in the chart, Doge is consolidating in sideway from $0.33 to $0.31 after reaching the $0.35 yesterday. It could be break its resistance within 2 days as it continuously bouncing back from its trendline.
I am expecting 20% up from its breakout.
let see what happen next.
This is just an educational purpose only.
Matic is in uptrend with all other major crypto currencies. The recent breakout gave almost 30% up within 5 days.The next breakout could add up to 30% from its current level.
Here I have mentions its possible new target which is $1.80 and $2.00.
This is just for educational purpose.
Dogecoin was up exactly i mentioned in previous chart. It was up by almost 15%.However price is correcting right now before heading to $0.37.
I have mention the possible pull back zone from where I am expecting price will bounce back and reach to TARGET 1.
This is only for educational purpose.
Dogecoin has been trading in fix range, if the Doge break this channel then there will be a clear path to touch $0.30 which is more than 15 % up from the current price.
Doge is perfectly bouncing back from the 21 EMA and 50 EMA which is good signal to add more.
The Dogecoin is corrected from its yesterday high and will go in the sideway before the next rally. We may see the next minor resistance at the $0.30 before heading to TARGET 1.
The 50 EMA cross the 200 EMA which is bullish signal.
The price may test the 50 EMA before heading to the mention targets.
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Dogecoin will go in further downside and will test the support area if the price will bounce back then there will be a good chance to trade for a short time period.
I have markdown the possible target price.