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BEARISH DAY FOR DOGE AND SHIB

BEARISH DAY FOR DOGE AND SHIB

DOGE Price action

At the time of writing, DOGE had risen 0.43% to $ 0.1387. The improved start of the day made the DOGE up this morning at $ 0.1395.


A return of $ 0.14 will return $ 0.15 to play levels.

A return of $ 0.14 will return $ 0.15 to play levels.

Technical Indicators

DOGE will need to pass a daily pivot of $ 0.1407 to run the First Level of Great Resistance for $ 0,1452. DOGE will need a wider crypto market to support a return of $ 0.1400 levels.


The extended meeting will test the $ 0.15 resistance and the Second Level Resistance level at $ 0.1524. The Third Level of Great Resistance remains at $ 0.1641.


Failure to pass the pivot will test the First Big Support Level at $ 0.1335. In addition to the extended sale, DOGE must avoid rates below $ 0.1300. Second Level of Great Support remains at $ 0.1290.


DOGE will need to go through the pivot to avoid further losses.

DOGE will need to go through the pivot to avoid further losses.

If you look at the EMAs and the 4 hour candlestick chart (below), it is a bullish signal. DOGE sits above the 100-day EMA, currently at $ 0.1390. The 50-day EMA has gradually reduced to a 100-day EMA. The 100-day EMA left the 200-day EMA after this week's bullish cross; Good DOGE.


A 50-day EMA departure will support a refund of $ 0.15.


Going to the 50-day EMA should see DOGE restart its ascending trend.

Going to the 50-day EMA should see DOGE restart its ascending trend.

SHIB price action

At the time of writing, SHIB had risen 0.62% to $ 0.00002602. An amazing start to the day made SHIB go up in the morning for $ 0.00002622.


The Bulls continue to look at $ 0.000030 levels despite a pullback on Thursday.

The Bulls continue to look at $ 0.000030 levels despite a pullback on Thursday.

Technical Indicators

SHIB will need to pass a daily pivot of $ 0.0000265 to run the First Level of Great Resistance for $ 0.0000275. SHIB will need a wider crypto market to get back to $ 0.000027 rates.


The extended meeting will test the Second Level of Resistance at $ 0.0000291 and resistance at $ 0.000030. The Third Level of Great Resistance remains at $ 0.0000316.


Failure to pass the pivot will bring the First Big Support Level to $ $ 10000249. In addition to extended sales, SHIB should avoid rates below $ 0.000024. Second Level of Great Support remains at $ 0.0000239.


Failure to pass pivot will leave support levels at play.

Failure to pass pivot will leave support levels at play.

If you look at the EMAs and the 4 hour candlestick chart (below), it is a bullish signal. SHIB sits at the 50-day EMA at $ 0.0000260 after Monday's bullish cross. This morning, the 50-day EMA closed on the 100-day EMA. The 100-day EMA withdrew from the 200-day EMA after Tuesday's bullish cross.


Continuous hold above the 50-day EMA will bring $ 0.000030 levels into play.



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