Consolidated DOGE-Kurs – was it possible nearby?

DOGE has now been launched in 2nd of the 13th EMA, before the Kurs weiter nach oben schoss. At 0.45 US dollars, a break is expected and the krona is consolidated. This indication gives information on the current news, as well as an indication of the procedure to follow to carry out the operations.

The RSI (Relative Strength Index) is active at 74 points and ensures that it is deutlich im überkauften Bereich, the angelsichts of the vorherigen Kursanstiegs nicht überraschend ist. The MACD (Moving Average Convergence Divergence) epoch, the trend line and signal line, was achieved during a subsequent absorption process. The histogram signals a return of positive impulses and an overshoot into a neutral state.

Liquidation levels (links in chart) are still in place, with Kurs time higher than others, without the highest positions being defined. Lediglich einige kleinere Positionen befinden sich über dem current Kurslevel. Sollte DOGE den 13er EMA verlieren, könnte un rückgang auf den 50er EMA folgen, da zwischen diesen beiden Marken nur wenig Volumen gehandelt wurde. It is also the green VPVR (Volume Profile Visible Range) which is in the best table, in the spirit of the times, like the volume of the manual on the highest price levels.

4-Stunden-Chart: Zwei bullishe Pattern – Welches setzt sich durch?

I am consolidating DOGE in a 4-story chart in a bullish pattern, which can be interpreted as the “Inverted Head and Shoulders” formation or as the “Ascending Triangle”. Reverse H&S training is not ideal, both schools are unsatisfactory and the neckline is not perfect. Please note that the Muster Relevant werden, falls der Kurs nach oben ausbricht. Alternatively, you can find the Ascending Triangle, a dominating bullish event.

The 50er EMA im 4-Stunden-Chart displays the Kurs weiterhin nach oben. Sollte DOGE aus seinem Pattern nach oben brechen, the age of the Price is equal to 0.50 US-Dollar.
The Heatmap (oben im Chart) appears as being at 0.40 US-Dollar Liquidity lies, the Kurs auf seinem Weg nach oben noch abholen könnte. This level allows DOGE to support the best level.

About the author

Bastian Keller (Bitbull) has been working on the Forex market since 2015 and has been a highly skilled trader on the Krypto market since 2018. This expertise is active on several social media platforms, integrated into the “Bitbull Trading” YouTube channel, with over 60,000 subscribers. Bitbull falls is the TradeMania platform in Leben Gerufen, the Einsteigern den Start in Krypto-Trading vereinfachen soll.