Based on TA the support levels are 117 and 110, while resistance levels are 126 and 130. We should stay within that range for now.
Doge should have decided which way to go before June 11th.
Doge should have decided which way to go before June 11th.
Nota
Doge has hit the first resistance, 126. It's crucial that it breaks it and moves up to 130.Nota
It failed to push through the resistance and naturally came down. The trendline is not so much important as the support levels highlighted in green. Let's also see where the daily candle closes.Nota
The 117 support broke but 110 is holding for now. Another idea is suggesting bottom could be 108, I think he might be right. Knowing BTC is going up (and probably going to go for a new ATH), it might be a good opportunity to buy a dump.Nota
It looks like DOGE touched bottom and rejected it nicely to touch the upper resistance. We are now in a bull flag pattern and we have a strong support at 110. Nota
DOGE pumped a bit during the Bitcoin dump, which is a very good sign. We have strong support at 115. I believe we might break out of the triangle tomorrow. Keep in mind that the base of the triangle is 108, so don't go all crazy on margin, just in case. ;)Nota
Next strong support level is 113. I don't see the 113 breaking anytime soon though.Nota
The end of the triangle is near, and Doge is still undecided. 115 & 113 still look very strong so assuming Bitcoin doesn't crash by then, I am betting on an upmove within 24 hours. Please note that if this doesn't happen, we could (and will probably) have another swing in the 100-110 area.Nota
115 support is holding like a champion. I expect an up move.Nota
Doge broke UP. If you still haven't entered, I suggest buying at 120 or 118-119. Lowest it could go IMHO is 116. TP1: 130
TP2: 144
TP3: moon
Nota
We've had a few additional days of sideways action. As you can see on the chart, Doge is playing with the trendlines, not really breaking out... My last prediction was correct as price didn't go under 117 (which was support at the time). Support is now at 118. But we also have a resistance at 120 so we would need a strong impulse either way!
Support: 118
Resistance1: 120
Resistance2: 124
Resistance3: 129
Resistance4: 143
Place your buy & sell orders accordingly. I would place a SL at or below 116-115.
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