DOGEUSD Update

It's worthy to note that the coin failed to trade above the anticipated price point -0.40xxx in recent days.

Its break out of the asymmetrical triangle shows that the market volatility has been normalized.

If you’ve followed our previous recommendations, you must have been saved from the disaster of acquiring the coin at a relatively higher price point.

Congrats to you.

So, what’s the next line of action?

Currently, the coin transactions are enclosed in a South oriented Channel.

Such condition forms a reason why we're anticipating the following:

1. a price movement towards the 0.2566 and 0.1726 support levels.

2. a successful MA crossover after the retest of the 0.2566 and 0.1726 support levels.

We therefore advise you to exercise some cautions while bidding for the coin.

It’s important you wait for price to :

1. retest those support levels

2.break out of the H4 channel

3. achieve a MA cross-over before acting on your investment plan.

Enjoy your day !