Unclear Trend For Doge
2024-11-11

Hi there

The price is above the RSI 50, indicating that the trend is bullish. However, it is below the RSI moving average, giving a mixed signal. Consequently, the price is in a bearish range within a bullish trend.

It appears to be in a possible corrective ABC phase, but it is not clear how deep this may go, resulting in two open areas.

* So, the overall trend remains bullish, but the current mixed signals suggest caution. Monitoring will be required, - high-risk setup.

Happy Trading,
K.