kamalzakhoy

DOGECOIN-DAILY-The price now retests the support at 0.2959-6-18-

Short
BITTREX:DOGEUSD   Dogecoin
Yesterday, the price broke down the support at 0.3029 on the four hours chart, and now is retesting the support at 0.2959 on the daily chart as shown below. If breakdown happens at 0.2959, we expect the price will go down to the next support at 0.2285. If the breakdown fails, on the other hand, the price will bounce back up to the retracement zone between 0.44 and 0.35 on the daily chart. The main trend direction on the daily chart is still sideways until this moment. We don't have buy signals with the stop loss at this moment, but for holders, the best place to buy more is at 0.28 and 0.22. We will update the chart if anything changes.
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GOOD LUCK

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