DU09

DOGE/USD - In descending triangle and under resistance

Kort
BINANCE:DOGEUSDT   Dogecoin / TetherUS
DOGE is in a difficult spot as long as we sit under this resistance line and now we have formed a descending triangle which may take us lower if support does not hold.

Possible paths are on the chart, the indicators are also rather bearish, so there is little bullish momentum at the moment.

Wait for this triangle to resolve or Doge to pass the resistance at $0.01 before any more uptrend can be had.

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