InvestMate 🐕 Doge Next Wave of Declines 🐕

🐕 Doge Next Wave of Declines

🐕 Nearest strong support zone: around the 0.382 fibo level of the upward wave.

🐕 Nearest strong resistance zone: around recent peaks.

🐕 Technical environment:

📊 Moving averages: 50/50

📊 MACD: Downtrend

📊 RSI: Downtrend

🐕 Price action: the Doge, like the entire cryptocurrency market, chooses the south direction. Exactly as I wrote in my last post. It looks like it could be the beginning of a new downward wave looking at the dynamics of the impulse and the correlation with the entire cryptocurrency market.

📉 The scenario I am playing out is a continuation of the declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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