DOGEUSD continues to operate inside the roof of a support and resistance area, the pair has tested both sides of the channel. Thus breaking any the levels will be an upheaval task for the coin.
Supply levels: $0.033, $0.035, $0.038
Demand levels: $0.027, $0.025, $0.023
DOGEUSD Trends: Ranging
DOGEUSD bounce within the price level of $0.033 and $0.027 is still in motion. Thus executing trades within this channel targets might be risky, but it may be rational to wait for a true price breakout before executing trades for a bullish or bearish market.
The 14 and 50 Exponential Moving Averages are crossed and widened for a bullish trend, but the price can be seen going down, the MACD Histogram bars are facing the north direction but with signs of weak market momentum.
DOGEBTC Market Analysis
DOGEBTC has been heading to the south-side for several days now; the bearish trend has been a slow and steady one, as the pair is trying to consolidate for a lower low level.
The two Exponential Moving Averages are widely crossed for a bullish market indication, also the MACD signal lines include the Histogram bars are poised for a bearish trend.
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