Traders can raise the rate until exchange of DOGE coins to DOGX, which will begin after September 30, 2018.
In the future, the Dogecoin trend will again correlate with the common market, i.e., the dynamics and direction will be determined by the decisions of the SEC Commission on the opening of the Bitcoin ETF Fund, as well as the results of the meeting of G-20 heads of state in November, which should approve the plan for international regulation of digital currencies.
On the weekly chart, the rate "collided "with the resistance zone – above 0.006 there are three strong levels that can not be passed without correction. If by the end of this week the reached highs are not "rewritten" during the growth, then there will be two strong signals for a reversal move:
On daily quotes, the growth is supported by the lower inclined border, the angle of which shows the strength of the trend. DOGE prices failed to gain a foothold above the level of 0,006 despite a new local maximum. Therefore, to participate in the current rally, you should look for the entry point not at an inclined level, but use the Fibonacci correction lines.
If you take the starting point of the growing trend at the first price impulse confirmed by volume, then the significant level of entry into purchases is located at 0.0055. Additional support for trade at this price will be provided by "magic numbers" - round numbers quotes, which prefers to enter the majority of traders.