Doge Coin- Double Bottom and Rounding Bottom, Technical Analysis

 Doge Coin hourly chart

From the above chart, Doge coin is moving in a sideways to negative direction except from past 2 trading days. The crypto is forming double bottom formation and also a rounding bottom pattern both are bullish reversal patterns. 

For bullish possibilities to open it is imperative for prices to breach the level of $0.30 level, this will surge price towards its next resistance placed at $0.45 level. At present, prices are placed at $0.26 more 4 cents will open the door towards $0.45.

The summation is, further positive possibilities will only open once price move above $0.30, which will soar price till $0.45 levels.


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