Cryptocurrency

Dogecoin / Dollar may fall to 0.1166 - 0.1186

2024-06-20

0.1261 is our pivot point.

Our preference

The downside prevails as long as 0.1261 is resistance.

Alternative scenario

Above 0.1261, look for 0.1294 and 0.1314.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.1241 and 0.1235).

Supports and resistances

0.1314 **

0.1294 *

0.1261 **

0.1248

0.1227 last

0.1186

0.1166 **

0.1146 *

0.1127 **

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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