DOGE/USDT, Daily time frame After breaking through the red resistance line, the price continued rising and successfully passed through the second resistance line which is now acting as support. In addition we can see that the price kept on rising towards the next resistance area. Furthermore we saw a correction taking place near this resistance zone. We consider another approach to the resistance above after a short period of consolidation in the current location. On the other hand we forsee a strong decline in case of breaking below the first resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
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