Dogecoin: Breaks Trendline as MACD Turns Bullish
Trader Tardigrade notes that Dogecoin has broken out of a recent trendline and holds above it while MACD confirms the shift from bearish to bullish on the 4h chart.
SourceAnalysis
Dogecoin has broken out of a recent trendline and holds above it, with MACD confirming the shift from bearish to bullish.
Price sits at $0.08 where the EMA50 and EMA200 converge as long-term support, while the golden cross in MACD(12,26) at 0.0 reinforces the bullish structure and RSI(14) at 54.63 stays neutral inside the Bollinger bands with upper resistance at $0.08 and lower support at $0.07.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.