FX.co ★ Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday June 16, 2023.

From the 4-hour chart, Doge cryptocurrency can be seen that even though it is in a bearish condition which is marked by price movements below its Moving Average and is currently stuck in the 4-hour Bearish Fair Value Gap area, it has the potential to be corrected upwards (marked by the CCI indicator ( 30) which managed to break above level 0) so before returning to the initial bias to test the 0.0541 level, the upward correction has the potential to be corrected upwards to test the 0.06363 level as the main target and the 0.06578 level as the second target, however it is necessary to pay attention to the level above it 0.06957 if it is also broken, then the downward scenario that has been described will cancel itself and become invalid.

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