Let's see how DOGE is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has consolidated and did a small pump.
The market is showing NEUTRAL volumes for DOGE.
Two resistance levels push down on value, and two support levels hold the price high and show strength.
The Middle Bollinger Band supports the value and helps it go back up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that DOGE is above the 50 levels, the center. It's coming back down.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $0.1914
Let me know your ideas.
Good luck.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price has consolidated and did a small pump.
The market is showing NEUTRAL volumes for DOGE.
Two resistance levels push down on value, and two support levels hold the price high and show strength.
The Middle Bollinger Band supports the value and helps it go back up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that DOGE is above the 50 levels, the center. It's coming back down.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $0.1914
Let me know your ideas.
Good luck.