Akksujean

DODG - just maybe

Long
BITTREX:DOGEUSD   Dogecoin
Looks like DODG may be getting closer to finally moving back to the upside.

Volume profile is bullish and looks like significant accumulation has been occurring since around late June of 22. Selling appears to have all but completed dried up. Price is moving/staying away from the center line of the longer-term regression trend signaling that the downtrend may be over/ending.

Bollinger Bands width staying super low for over a month on the daily signaling a decent move could be in the works, and the OBV showing that the extended drop in price of DODG has not resulted in longer-term holders giving up/selling this coin.

With significant support in this price range from early 2021 (that has been tested many times now) I expect DODG could begin moving to the upside again. Obviously the macro picture may have other plans for all of us, so just nibbling here and waiting/watching for further confirmation...

NFA.
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.