Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: Coin63@ on June 01, 2021, 10:37:13 AM

Title: Dogecoin price analysis daily.
Post by: Coin63@ on June 01, 2021, 10:37:13 AM
01 June
Visible Range on Dogecoin pointed out a fairly high number of trades placed around $0.302- making this region a critical area to watch out for over the coming days. OBV’s lower highs have indicated selling pressure in the DOGE market, and it would be interesting to see if this is countered at the present support mark. In case of a breakdown, levels mentioned in an earlier analysis may come to light.
(https://i.imgur.com/12USJCp.png)
However, Squeeze Momentum Indicator noted decreasing bearish momentum over the past few days. The first few green bars followed by white dots would indicate a ‘squeeze release’ and allow for sharper gains.