Dogecoin Technical Analysis – 07 September 2022
07 Sep 2022
DOGECOIN Technical Analysis: Weekly Chart
In the weekly charts, Dogecoin is trading in a down channel. Dogecoin is currently trading below all SMA.
RSI is in the selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 0.0500 & the resistance level is at 0.05850
Dogecoin will trade in a down channel until there is a trend reversal.
DOGECOIN Technical Analysis: Daily Chart
In the daily charts, Dogecoin is trading in a down channel. dogecoin is currently trading below all SMA.
RSI is in the selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
Its immediate support is 0.05100 & the resistance level is at 0.05650
dogecoin will trade in a down channel until there is a trend reversal.
How to Trade dogecoin this Week:
dogecoin will follow the downtrend until its trend reversal. So, remain bearish on dogecoin