The price of #Dogecoin broke the dynamic support and retested it. The price is expected to continue to decline and reach the support level of $0.112 - $0.120.
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The price of #Dogecoin broke the dynamic support and drooped until close to the support level of $0.11200-$0.12000 and then pumped more than 40%. As the price approaches the resistance level of $0.19200 - $0.20600 , it is possible to reduce the price to the support level.
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After reaching the top of the channel, the price of #Dogecoin reacted to it and started to decline. Now a small bullish harmonic pattern has been formed and the price is expected to be able to grow to $0.22400 again.
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#Dogecoin’s candlestick shows that the bulls are trying to protect the $0.12 support.
The recovery is likely to reach the $0.18 , a significant level to watch out for. If buyers overcome this barrier, the DOGE/USDT pair could reach the top of channel, where the bears are likely to sell aggressively.
The zone between $0.14 and $0.12 is likely to attract strong buying by the bulls because if the support gives way, the pair could face intense selling and tumble toward the formidable support at $0.10.
The recovery is likely to reach the $0.18 , a significant level to watch out for. If buyers overcome this barrier, the DOGE/USDT pair could reach the top of channel, where the bears are likely to sell aggressively.
The zone between $0.14 and $0.12 is likely to attract strong buying by the bulls because if the support gives way, the pair could face intense selling and tumble toward the formidable support at $0.10.
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After reaching the price of $0.228, #Dogecoin started to correct price and it has decreased by more than 40%, but it is still moving above the support level of $0.112-$0.123, so this level is still valid and can support the price again.
#Dogecoin price has broken dynamic resistance, then retraced back to it. It is retesting now.
The price can rise from these levels to $0.2280, with the initial target of $0.2040.
The support level is $0.11200 to $0.12300.
The price can rise from these levels to $0.2280, with the initial target of $0.2040.
The support level is $0.11200 to $0.12300.
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#Dogecoin🐶 is moving in a descending channel in the 4-hour time frame and is now in the middle of it.
The price reacts well to the ceiling and floor of the channel. This descending channel is actually a correction of an upward trend in the daily time frame. Therefore, the long-term trend is still upward.
According to the current market trend , reducing volatility and the global markets is closed., the price is expected to slowly move towards the important support of $0.122-0.11260. This level is very important, and we can expect strong support from this level.
The price reacts well to the ceiling and floor of the channel. This descending channel is actually a correction of an upward trend in the daily time frame. Therefore, the long-term trend is still upward.
According to the current market trend , reducing volatility and the global markets is closed., the price is expected to slowly move towards the important support of $0.122-0.11260. This level is very important, and we can expect strong support from this level.
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According to the previous analysis, after breaking the support level of $0.1075 - 0.115, #Dogecoin🐶 fell to the bottom of the descending channel.
The bottom of the channel has supported the price well and the price has returned to the broken level.
Considering that this return has been relatively appropriate, we can expect that the price will return to the ceiling of the channel, but after collecting the necessary liquidity for a strong growth.
The bottom of the channel has supported the price well and the price has returned to the broken level.
Considering that this return has been relatively appropriate, we can expect that the price will return to the ceiling of the channel, but after collecting the necessary liquidity for a strong growth.
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