Cryptocurrency

Dogecoin / Dollar may fall to 0.0992 - 0.1010

2024-08-13

Our pivot point is at 0.1074.

Our preference

Eye 0.0992.

Alternative scenario

The upside breakout of 0.1074, would call for 0.1105 and 0.1124.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (0.1055) but above its 50 period moving average (0.1045).

Supports and resistances

0.1124 **

0.1105 *

0.1074 **

0.1062

0.1048 last

0.1010

0.0992 **

0.0974 *

0.0955 **

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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