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kamalzakhoy

DOGECOIN-DAILY: The price is still struggling to break down 0.08

Dogecoin (BITTREX:DOGEUSD)  
kamalzakhoy  
BITTREX:DOGEUSD   Dogecoin
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
As we can see on the daily chart the price hasn't been able to break down the support around 0.08 and it's still struggling to break it down! Our scenarios will still stay the same at this moment. If the breakdown happens at 0.0811 and gets confirmed, we expect the price will fall down to the next support around 0.0479. If the breakdown fails on the other hand, we expect the price will bounce back up to the retracement zone between 0.135 and 0.115. The main trend on the daily chart is still considered sideways at this moment, and the best places to buy more with caution are around 0.0.8 and around 0.045.
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GOOD LUCK
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