Dogecoin
Panjang

Doge bottom is in: Breakout soon to $0.65 Area

695
Currently the 1H RSI is at levels not seen since $0.18
We have the 50 Bar EMA acting as a historic fundamental support.
We have fib levels holding strong suggesting a move to the next fib zone which is somewhere between 57 and 66 depending on where you start the base.

About 66% confident on a move higher, if we do crash the worst case scenario is $0.26 with a more likely bottom of $0.31-0.33 area. Again, I think we bottomed already but if i were to open a trade here my stop loss would be under 25.

Cycle targets:

Target 1: $0.60
Target 2: $0.89
Target 3: $1.16

Severe pullbacks likely after hitting each milestone's region. Use Caution

Penafian

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