Wamses

DOGE Personal Analysis in the Long Term

Wamses Updated   
BINGX:DOGEUSDT.PS   DOGE / TETHER Standard Futures
A chart showing common supports and resistances according to both price action and fibonacci. The current evaluation for the coin itself is Neutral-Bearish as it Consolidates in a particular range near the oversold region. This "may" also be an accumulation phase for a greater upside, but since the coin is tied to purely sentiment and no technical applications aside from value, it "can" be a stable coin, doesn't mean it is!
Comment:
Due to the positive news of FED today, the move to the upside is more likely now than approaching the 0.14$ range however the resistance near the 0.30$ is still a major resistance until proven otherwise. Happy Longs Everyone!
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