Dogecoin is bullish on its 1D technical outlook (RSI = 61.126, MACD = 0.011, ADX = 42.839) and is close to forming a Golden Cross on the 1D timeframe. That would be the first one since a year ago (November 2023) and technically it is a very bullish signal. The RSI pattern prompts to the November 2020 Golden Cross, which was formed also after a series of Golden Crosses since 2019 and after a Channel Down, which when broken to the upside initiated the massive rally of 2021. We can say that a 'conservative target' now is the 2.0 Fibonacci extension (TP = 0.64200).
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Telegram: t.me/investingscope
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.