Dogecoin Demand Emerging on the 4 hr

Jun 20, 2022

Dogecoin is seeing a clear re-emergence of demand on the 4-hour TF. The volume has come strongly in from the .049 shakeout and has been forceful enough to propel the PA above channel midpoint and maintain buoyancy under TR (trend resistance). Fib extension puts a potential expansion from .073 to .078, which would seek to close out macro liquidity gap hovering above the 2.0% bearish OB.