🐕 Nearest strong support zone: around the fibo level 0.6 of the upward wave.
🐕 Nearest strong resistance zone: around the fibo level 0.382 of the upward wave.
🐕 Technical environment:
📊 Moving averages: Downtrend
📊 MACD: Downtrend
📊 RSI: Downtrend
🐕 Price action: Doge fell exactly as I wrote in my last post:
The current declines were very easy to predict, as I already wrote you could see this lack of strength for further increases which had to end with a price drop. So far, there is another strong support zone ahead. Meanwhile, currently the Doge has found support within the 200-period moving average. I encourage you to watch this cryptocurrency in the coming days
📉 The scenario I am playing out is to look out for the end of the current downward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.