Looks like Doge has a head shoulder pattern and facing some strong resistance at the Fib retracement level (The bearish downtrend could take it down to lower 20s range).
If there is a relief rally DOGE may go up to 39-41C range (the next fib level), it really depends how BTC closes today actually (BTC determines the market).
Please Note: The analysis is based on my own views and it should not be treated as financial advice.
Feel free to share your own opinions/comments. Also hit like and follow me for future updates!
Best,
Adit Doza
Part-time Faculty
Mike Ilitch School of Business
If there is a relief rally DOGE may go up to 39-41C range (the next fib level), it really depends how BTC closes today actually (BTC determines the market).
Please Note: The analysis is based on my own views and it should not be treated as financial advice.
Feel free to share your own opinions/comments. Also hit like and follow me for future updates!
Best,
Adit Doza
Part-time Faculty
Mike Ilitch School of Business
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