DOGE – Daily Chart
Let’s see how DOGE is behaving.
This is a 1D chart. (Mid Term)
DOGE has pumped and crossed two resistance areas. Those areas are now our support.
There are two more resistance areas on the way up, which will push down on price.
Support levels: $0.1391
Resistance Area: $0.1482
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing BUY volumes for DOGE.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that DOGE is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It’ll help you have better readings:
Current Market Price: $0.1482
Let me know your ideas.
Good luck.



