Dogecoin - Bearish divergence

On the above 1-day chart a bearish divergence is evident between price action and RSI. This follows the overbought condition (green column) resulting in an ‘incredible sell’ as the 10-day EMA crosses down the 21-day EMA (circled in orange).

On the 10-day chart below RSI breaks through support as MFI prints a lower high. This is bearish.

Target price 9 cents. A sell from 46 cents is amazing if you can get it.

Is it possible price action rises further? For sure.

Is it probable? If you really have to ask yourself that after a 27,000% rise - there’s making money and there’s keeping it - which will you choose? ;-)

WW