Dogecoin After Correction...

25 Nov 2022

If I tell you what I went through with Dogecoin (DOGEUSDT) I don't know if you would laugh or cry... I did both.

I'll make a long story short.
I sold too early on a strong leveraged position and missed on massive profits...

But hopefully my readers/followers took advatange of the full wave, as I shared this one about 30 times before the strong breakout took place.

Let's see what the chart is saying today.

Dogecoin (DOGEUSDT) Daily Timeframe

• After the strong move late Oct./early Nov., we have a correction which is 100% normal.
  
• Seeing this correction stop at MA200, also coinciding with the August high price range is good news.
  
• We can see prices bouncing off the 0.786 Fib. retracement support.
  

From now on, Dogecoin has the potential to resume its growth.

Compressed
- Strongly bullish above MA200 and 0.786 Fib. retracement.
- Consolidation below this level yet still bullish long/mid-term.

- Bearish below $0.055, mid-October low.

I hope you find this analysis useful.

I appreciate you.
Thanks a lot for your continued support.

Namaste.