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Dogecoin / TetherUS
Short

$DOGE TOP moving on to other coins for now

By migtrades
In my opinion buyers/holders fell into the SNL/ May 8 hype. Thus running the price into the .70s with hope of $1 over the weekend. Chart shows clear reversal, 1st support level high .30s to low .40s ...next support mid .20s...my expectation is a pullback on the daily before a 2nd leg down. We need more data in the coming days. Only thing that could change my near term BEARISH outlook would be Elon Musk buying $1 billion worth of DOGE or some major catalyst.
Chart PatternsCryptocurrencydaytradingdogedogecoinpriceactionSupport and ResistanceTechnical AnalysisTrend Analysis
migtrades

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