DOGE/BTC Outlook

in #chart7 years ago

download (9).png

After doge/btc forming a double bottom it just shot up a while above 21 EMA for now.

Resistance 50 EMA (43 satoshi)
resistance 200 EMA (53satoshi)
Resistance (optional) closing above green trendline (58 satoshi)

support 20 EMA (39 satoshi)
support #2 +- (37 satoshi)

download (10).png

Indicators :

DMI : DMI + is crossing above DMI- indicate a buyer pressure is surging while DMX is still low indicate a low momentum strength for now as it will developed in near future.

MACD : MACD is pointing upward and ready to test a resistance to break into bullish territories (above the histogram) buyer histogram also higher than previous high which is a good sign for bull trend to developed.

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