While Dogecoin has decreased about 84% since its ATH, we found an interesting bullish setup on the daily timeframe
On this timeframe, Dogecoin is showing a falling wedge with a bullish divergence on both the MACD and the RSI.
What does this mean? It means that we are looking at a potential trend change to the upside, taking the price up to maybe $0.17 USD.
00:00 Intro
00:30 Long-term movement
02:00 Descending wedge
03:05 Short-term movement
03:55 Wave count analysis
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