DOGE/USDT
Dogecoin (DOGE) rebounded off the strong support at $0.12 on Feb. 12, suggesting that the bulls have not yet given up and are buying on dips.
The relief rally is likely to face strong resistance at the moving averages but the positive divergence on the RSI favors the buyers. If the bulls push and sustain the price above the 50-day SMA ($0.14), the DOGE/USDT pair could rise to $0.17.
A break and close above this level will complete a double bottom pattern, which has a target objective at $0.22. Conversely, if the price turns down from the moving averages, the bears will fancy their chances and try to sink the pair below $0.12. If they succeed, the pair could drop to $0.10.
The relief rally is likely to face strong resistance at the moving averages but the positive divergence on the RSI favors the buyers. If the bulls push and sustain the price above the 50-day SMA ($0.14), the DOGE/USDT pair could rise to $0.17.
A break and close above this level will complete a double bottom pattern, which has a target objective at $0.22. Conversely, if the price turns down from the moving averages, the bears will fancy their chances and try to sink the pair below $0.12. If they succeed, the pair could drop to $0.10.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.