It looks like we are about to start the final run before a typical for DOGE huge drop - probably around -60%, and then after some correction back to leveles <100 satoshi.
The trend was broken, RSI main trend is falling. The support is at 0.5 fib, I think we will bounce around 0.7 fib - which is around 646 satoshi.
Multitimeframe analysis supports this idea as well.
It's also very similar how BTC/USD run out of fuel at the end of 2017.
Not financial advice. Trade safely.
Cheers!
The trend was broken, RSI main trend is falling. The support is at 0.5 fib, I think we will bounce around 0.7 fib - which is around 646 satoshi.
Multitimeframe analysis supports this idea as well.
It's also very similar how BTC/USD run out of fuel at the end of 2017.
Not financial advice. Trade safely.
Cheers!
Nota
The angle tool does not follow the zoom. Please adjust the timeline the so they fit the chart.Sorry.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.