DOGE/USDT : Prepping up or for a big move to the downside ?
DOGE/USDT is traversing within a falling channel after hitting record highs at $0.0872 on February 7.
There are 2 major resistances: 50 Moving Average and the upper line of the falling channel.
Should the aforesaid fierce resistances win, the Dogecoin could witness a sharp sell-off to the falling channel support, now aligned at $0.0389.
Acceptance above the latter would yield a technical breakout, negating the recent corrective decline while opening doors once again towards the all-time-highs.
There are 2 major resistances: 50 Moving Average and the upper line of the falling channel.
Should the aforesaid fierce resistances win, the Dogecoin could witness a sharp sell-off to the falling channel support, now aligned at $0.0389.
Acceptance above the latter would yield a technical breakout, negating the recent corrective decline while opening doors once again towards the all-time-highs.
