DOGEUSDT ! False breakout of the trend line. Sales potential😈

21 Jul 2022

DOGEUSD. On the chart continues to be dominated by the downtrend. I marked a price channel (global) against the resistance, against which the price made a false-break and returned to the range below the level 0.697.

Earlier, the price tried to break the downtrend, but on the retest of the resistance, it only confirmed the downtrend. Yesterday DOGEUSDT formed an update of the local top, but there is a false breakout.

I assume that the price may continue its fall after fixing under the downtrend line. The medium-term target on the chart is the support zone of 0.0584

Regards R. Linda!