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Dogecoin Technical analysis

Hello everyone welcome back to another update

Hello ladies and gentlemen Doge though you can see that we did finally end up breaking our midterm resistance here at 0.157 and in the level structure is broken our first take profit of course is at 0.168 now looking at 0.168 we have to be a little bit more cautious here because of the fact that this is a major resistance if Doge does end up breaking Above This Zone it's going to cause a massive short squeeze on Doge because of the fact that this is pretty much where the move set started and that is likely where things are about to go if that of course happens and we can start looking for Doge to end up hitting the around the 0.2 region and of course that would put us near the midterm resistance as well on 0.21 which is the last remaining resistance that Doge has before an parabolic run and if we look here on the daily structure you will notice the fact that we have now officially broken back above our exponential moving average with a strong bullish engulfing trade

I want to be a a little bit cautious though because of course we didn't see a retest as support but of course, if we end up breaking above 0.1 68 then that is the trade you want to pay attention to into a massive retest into 0.19 once we end up hitting that zone of course and that short squeeze does happen 0.168 ideally if it does end up breaking we want to see a small retest as support

If the EMA ends up holding as support while retesting 0.168 as support as well that is the indicator you want to pay attention to for a massive long position on Doge overall we are extremely bullish on Doge as of right now we did see the lows of 0.118 being tested and for those of you who remember I kept begging you guys do not fight over Pennies on this trade please just enter these trades on spot positions and right now I'm expecting Doge to at least end up into the highs of 0.20 then things of course become very interesting for us but that's pretty much

see you in another update Please Don't forget to upvote, resteem, and comment...