#doge⚡ Coin Analysis (17/11)
📌The currency is moving very positively as it reached a price of 0.43900.
📌Currently, a descending sub-channel is being formed, but it is not a cause for concern, but rather supports the main upward trend and is just a corrective channel to resume the rise.
📌The current situation: If the price exceeds the 0.38213 area and stabilizes above it, the price will try to penetrate the 0.40681 area, followed by the 0.43900 area, which is the central resistance area that we also expect to penetrate, and stability above it will support prices to reach 0.60000, and thus the price will have penetrated the descending sub-channel and ended the goals of the bullish flag pattern that has currently been formed technically.
📌The other scenario is if the price is able to break the current support area at 0.34323, it will retest the 0.31762 area, which is also within the bullish flag technical pattern and is also a good support area to continue the rise.
