DOGE: Ichimoku Breakout Pushes Price Above Kumo
DOGE at $0.08 breaks bullish Kumo with RSI 89.4 and MACD golden cross, eyeing $0.09 resistance on 4h chart.
SourceAnalysis
DOGE delivered a decisive upside break from the $0.070 base after weeks of compression beneath a bearish Kumo, now trading above the cloud with Tenkan turning sharply higher.
With price at $0.08 testing upper Bollinger resistance at $0.09 while RSI flashes overbought at 89.4, a healthy retracement to the 50-EMA support at $0.07 seems probable before further continuation as the MACD golden cross at 0.0 and EMA200 at $0.07 reinforce the bullish structure.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.