Tealstreet

DOGE to the moon?

Tealstreet Updated   
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Tesla announcing DOGE as new payment method? Is Elon narratives coming back?

Meme season has been the main cycle trend

Let's take a look at DOGE on 2H timeframe for potential trade setup.

DOGE surged for almost 42% from the lows sweeping those highs resting at .17

However, we can see that we already filled 50% of the wick created from the up move.

The local support that needs to hold is .157, lose this level then we might revisit .15 to .148






Comment:
It wicked up once again before dropping to our point of interest

However, if BTC could go lower, DOGE could revisit .144 to .14 area

Tealstreet.io Trade Faster & Trade Easier

Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.