DOGECOIN-DAILY: The price bounced back to the retracement zone!

Dogecoin / US Dollar BITTREX:DOGEUSD

kamalzakhoy

As shown on the daily chart the price failed to breakout the resistance around 0.1729, and bounced back down to the retracement zone between 0.156 and 0.132. In the coming days we expect the price will retest the support around 0.1368. If breakdown happens, the price may fall down to the next support around 0.11. If the breakdown fails on the other hand, the price will bounce back up to retest the resistance around 0.1729. The main trend on the daily chart is still sideways, and the best places to buy more with caution are around 0.1368 and around 0.11.
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GOOD LUCK

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