This is a weekly chart on Dogecoin and so far, it looks good. With strong support at $0.06, dogecoin is good to go for a rally, all it needs to do is maintain this support level. If it fails then we may see dogecoin close to $0.035 or even lower.
Also, this could be a sweet spot from where dogecoin can start its new rally. I know it is a bold statement but with EM, anything is possible.
Reasons stating Doge is positive:
1. DOGE broke out of the triangle pattern and currently retesting.
2. DOGE is still above the $0.06 support level.
3. Mr. Musk.
If you find this update useful then do like, share, and follow. I will highly appreciate it.
Trade safely.
Also, this could be a sweet spot from where dogecoin can start its new rally. I know it is a bold statement but with EM, anything is possible.
Reasons stating Doge is positive:
1. DOGE broke out of the triangle pattern and currently retesting.
2. DOGE is still above the $0.06 support level.
3. Mr. Musk.
If you find this update useful then do like, share, and follow. I will highly appreciate it.
Trade safely.
