DOGEUSDT (Dogecoin) - Coin of the Week

For the next week our attention is directed towards the orange trendline marked on the chart. When the price is going to retest the trendline we have to study the market structure to decide the next direction. If the price breaks the trendline and consolidates above we have a higher probability for a move to the upside. If the price stays below we may retest the support at 0.15 cents.

Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.