Technical analysis by CryptonKidd about Symbol DOGE: Buy recommendation (12/17/2024)

CryptonKidd

The last analysis on DOGE was exact and perfect as predicted. You might wanna check it again here for your references. Building on that success, the chart is given yet another signal, this time it's flipped bullish. Been consolidating after dropping over 24% from last high price. This chart is interestingly similar to LTC chart which just broke out right now. The lower trendline was retested, held up on support $0.38 - $0.39. Watchout for the yellow trendline for confirmation. A break or new candle above it signals the start of the bullish resumption for DOGESupport level: $0.3959Resistance level: $0.41008There was a decline of 2.53% in the last 24-hours. Price ranged between $0.39472 and $0.41254.The stabilization of BTC or otherwise sideways movement is crucial for this idea to validate. A fresh candle beyond yellow trendline is a confirmation. Wait for it. 🚀Follow, like and comment for more tips