📈 Daily TA: Dogecoin (DOGE/USD)

Hello, dear members of LeoFinance!

Today, I want to comment on the price chart of Dogecoin.

In the 4-hour chart (4H), DOGE/USD has already exited the Bullish Flag (typical trend continuation pattern): As can be seen from the chart, a breakout took place a couple of days ago and now the price chart is trying to resume the uptrend.

In the 1-hour chart (1H), DOGE/USD is trying to form an Ascending channel (uptrend):

In my view, DOGE/USD will continue to move forward within the trajectory of the channel.

To be continued ...

As of the time of writing, one Dogecoin costs $0,0583 on the Bittrex crypto exchange, according to TradingView.

A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last 14,5 years, and as a cryptocurrency analyst for the last almost 4 years.

Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.

Learn How To Earn PRE Tokens By Using Presearch Decentralized Search Engine

Join the crypto exchange Binance: https://www.binance.com/en/register?ref=28017531 Join the crypto exchange Bittrex: https://bittrex.com/Account/Register?referralCode=3GB-QAJ-BMW

Posted Using LeoFinance ^Beta

📈 Daily TA: Dogecoin (DOGE/USD) | 16-03-2021