Right after Bitcoin showed a movement that looked like we were starting a rally, the DOGE coin is also squeezed between Bollinger Bands. Support and Resistance levels are getting closer to each other.
We might have a breakout either way. Watch out.
There are two resistance areas and two support levels, and all four of them are activated.
Either way, the price pushes on the bands, we will have a breakout in that direction.
The market is showing Buy Volumes, so don't open short positions for now without more confirmations
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.2732
Let me know your ideas.
Good luck.
We might have a breakout either way. Watch out.
There are two resistance areas and two support levels, and all four of them are activated.
Either way, the price pushes on the bands, we will have a breakout in that direction.
The market is showing Buy Volumes, so don't open short positions for now without more confirmations
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.2732
Let me know your ideas.
Good luck.
