We are witnessing the DOGEUSD lowest level since its latest rally when it has reached the 0.74 level. On the hourly charts, the DOGEUSD has retreated to the 100% Fibonacci level. We see that MACD indicator indicates a bullish crossover, and the DOGEUSD has crossed the 25-hours EMA slightly.
We keep an eye at the 0.0712 level. Breaching that level beside crossing the 50-EMA may lead the DOGEUSD to yellow area started from 0.0751 to 0.0766. On the other side, retracing heavily below the 25-hour EMA and the 0.0654 level may invalid this hypothesis.
We keep an eye at the 0.0712 level. Breaching that level beside crossing the 50-EMA may lead the DOGEUSD to yellow area started from 0.0751 to 0.0766. On the other side, retracing heavily below the 25-hour EMA and the 0.0654 level may invalid this hypothesis.