Let's see how DOGE is behaving.
This is a 1D chart.
Bollinger Bands are expanding while the price pushes down on the lower band. (This is a bearish sign)
The Fib retracement shows that the price has already passed the two main supports and turned them into resistance. (This is another bearish sign)
The market is showing Sell volumes for DOGE. (Another bearish sign)
One support area is holding the price up in case of sudden crashes. And two resistance levels are pushing down on value.
The RSI shows that DOGE is oversold. Now it's going down again for another dip. If you're holding, there's nothing to worry about because this support has the potential to keep the price up.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $
Let me know your ideas.
Good luck.
This is a 1D chart.
Bollinger Bands are expanding while the price pushes down on the lower band. (This is a bearish sign)
The Fib retracement shows that the price has already passed the two main supports and turned them into resistance. (This is another bearish sign)
The market is showing Sell volumes for DOGE. (Another bearish sign)
One support area is holding the price up in case of sudden crashes. And two resistance levels are pushing down on value.
The RSI shows that DOGE is oversold. Now it's going down again for another dip. If you're holding, there's nothing to worry about because this support has the potential to keep the price up.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $
Let me know your ideas.
Good luck.
