joshuadwells

Patience is a Virtue

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BINANCE:DOGEUSDT   Dogecoin / TetherUS
Dogecoin has been trading in a consolidation and accumulation range for the past several weeks. A sign bullish momentum came yesterday with a break of the daily downtrend. Sideways movement, in terms of Dogecoin, can be considered bullish momentum. The seems to be hard support around $0.195, so until this level is broken and held, I will remain bullish for future movement. A break above the hard resistance at $0.345 will signal a breakout of the accumulation range and Doge will be in a good place to head higher.

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