DDogecoin / Bitcoin
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DOGE coin technical chart flashes a GREEN FLAG

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The biggest proof of Doge's consolidation has been the crossover of its key moving averages. Right now Doge's 50-Day moving average acting as a key support line. Also, the MACD indicator has flashed a bullish sign when it done a bullish crossover a few days ago, indicating that coin might be in for a move higher.

I expect that the MACD line will rise above the '0' centerline, to complete a bullish centerline crossover. When the MACD is above zero, the short-term average is above the long-term average, which signals upward momentum. Given the recent consolidation and the bullish signals, Doge coin price will likely see higher ground over the next few weeks.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.