http://i.imgur.com/U4XaLmv.pngA short future interpretation of doge with some TA'a;
-Strong supportlevel at 163, I dont think we will ever again see this shitty bottom
-Short position resistance is broken free - trendbreaker (this is good because we got nice support from bottom)
-Might be (strong) resistance at around 172
-Bottom support trendline has been made and its holding
So what does this mean? It means it looks like we have hit the bottom, we are now bouncing inbetween our strong supportlevel of 163 and between a weaker resistance about 172, with a new smaller uptrend supportline. Within a day the bottom uptrend supportline will intersect with both 172 (resistance line) and the longer resistance trendline and this will be a big intersection. If we cross it, the downtrend is with most certainly over and we will enter a uptrend instead, which could be really big or a slower one.
Hope this helps out a bit where dogecoin is at the moment.
dogeaccount:
D8LkcRSjBHMJXocQuBxuK54x7NCF8WTtUJ