Dogecoin / TetherUS
Long

🔥 DOGE Break Out Continued

4 080
Few days ago I made a short-term analysis on DOGE and the pending break out.

🔥 DOGE Short-Term Break Out


For today, I'd like to zoom out and look at the overall state of DOGE. It's apparent that DOGE is lagging the market at the moment, as mentioned in my last analysis. Noting that, we can assume that DOGE can surely see another 20%-30% move as long as BTC doesn't fall off.

In the longer term, DOGE has to leave the yellow area of resistance first. A daily close above this area would be a bullish sign for me. Potential mid-term target at the moment is $0.43.

Happy trading!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.