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18.11.202206:14 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Doge Cryptocurrency Friday November, 2022.

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Exchange Rates 18.11.2022 analysis

With the emergence of deviations between the price movements of the Doge cryptocurrency and the CCI indicator, then confirm if on the 4-hour chart Doge will continue the rally which is still a correction upwards where the level that we will try to test in the near future is 0.09310 as well as level 0.10068 which will be both target if the momentum and volatility still support and confirmed by CCI which managed to break above the level 100. However, please pay attention if on its way to the level target as previously mentioned, Doge suddenly returns to its initial bias, which is to fall below the 0.7755 level, then the scenario described previously will become invalid.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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