Cryptocurrency

Dogecoin / Dollar may fall to 0.1289 - 0.1312

2024-06-17

Our pivot point is at 0.1395.

Our preference

As long as 0.1395 is resistance expect 0.1289.

Alternative scenario

Above 0.1395, look for 0.1434 and 0.1458.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1360 and 0.1359).

Supports and resistances

0.1458 **

0.1434 *

0.1395 **

0.1379

0.1361 last

0.1312

0.1289 **

0.1265 *

0.1242 **

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

Introduction to Tradingtop Site


Return to All Articles