๐ถ Technical Analysis DOGE/USDT
$DOGE
๐ Recent Trend:
DOGE has been in a strong downtrend but shows signs of possible short-term reversal.
๐ 1h Chart
โ Positive Signals:
Visible double bottom (reversal pattern).
MACD crossing upwards with positive histogram.
Stochastic crossing from bottom to top, still with room to rise.
Current candle breaks the 9-period average and tests the EMA21 (yellow line).
The price is exiting the lower Bollinger band, indicating a possible return to the average.
โ ๏ธ Important Resistances:
High volume zone (VPVR) between 0.2450 โ 0.2670.
50-period average and Ichimoku cloud just above.
โฑ๏ธ 4h Chart
โ Technical Signals:
Also shows a double bottom with price reaction.
MACD starting to turn upwards, weakening of the selling momentum.
Stochastic crossing upwards in oversold territory.
โ ๏ธ Challenges for Continuation:
Immediate resistance at 0.23332 โ 0.24586 (VPVR + previous lines).
Still below the Ichimoku cloud, which requires caution.
๐ Conclusion:
DOGE is attempting a technical recovery, with good signals on the 1h and 4h charts. Breaking the 0.233 โ 0.245 region may confirm a new uptrend in the short term.
#CryptoScamSurge
$DOGE
๐ Recent Trend:
DOGE has been in a strong downtrend but shows signs of possible short-term reversal.
๐ 1h Chart
โ Positive Signals:
Visible double bottom (reversal pattern).
MACD crossing upwards with positive histogram.
Stochastic crossing from bottom to top, still with room to rise.
Current candle breaks the 9-period average and tests the EMA21 (yellow line).
The price is exiting the lower Bollinger band, indicating a possible return to the average.
โ ๏ธ Important Resistances:
High volume zone (VPVR) between 0.2450 โ 0.2670.
50-period average and Ichimoku cloud just above.
โฑ๏ธ 4h Chart
โ Technical Signals:
Also shows a double bottom with price reaction.
MACD starting to turn upwards, weakening of the selling momentum.
Stochastic crossing upwards in oversold territory.
โ ๏ธ Challenges for Continuation:
Immediate resistance at 0.23332 โ 0.24586 (VPVR + previous lines).
Still below the Ichimoku cloud, which requires caution.
๐ Conclusion:
DOGE is attempting a technical recovery, with good signals on the 1h and 4h charts. Breaking the 0.233 โ 0.245 region may confirm a new uptrend in the short term.
#CryptoScamSurge