Dogecoin On the Daily Chart (Price Analysis)
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Good day fellow traders! Here's my EYE on DOGECOIN on the daily chart.
DOGE is holding strong to this descending trendline and could be at a critical area of resistance that might hold and Move DOGE back down to the downside.
DOGE must break the .08840- .9003 LvL if it wants to continue on to the upside...
If this LVL Holds as resistance DOGE will go back down and test the .08515 - .0840 LVL of Support.
If this support does not hold, DOGE will go back down and test the .07447 - .08381 LVL.
The FLipside of this would be DOGE heading up to test the .09910 - .10721 LVL.
This is just my opinion of the possible outcomes of the Coin.
DOGE is holding strong to this descending trendline and could be at a critical area of resistance that might hold and Move DOGE back down to the downside.
DOGE must break the .08840- .9003 LvL if it wants to continue on to the upside...
If this LVL Holds as resistance DOGE will go back down and test the .08515 - .0840 LVL of Support.
If this support does not hold, DOGE will go back down and test the .07447 - .08381 LVL.
The FLipside of this would be DOGE heading up to test the .09910 - .10721 LVL.
This is just my opinion of the possible outcomes of the Coin.
Note
Good morning! looks like the resistance zone from .08840- .09063 is holding STRONG and we might see DOGE head back down and test the .08840 - .08515 LVLS
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