Doge is in an upward parallel channel.
It must maintain structure and price must close inside the channel; price recently tapped the 200 EMA and is currently hovering around the support of the channel. There is also a strong bearish RSI divergence.
It must maintain structure and price must close inside the channel; price recently tapped the 200 EMA and is currently hovering around the support of the channel. There is also a strong bearish RSI divergence.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.