#DOGE: #Dogecoinnews
1. KDJ Indicator:
- Pattern: No Pattern
KDJ is a technical indicator that is used to determine whether an asset is overbought or oversold. It consists of three lines: %K, %D and J If the %K and %D lines are above
80, it may indicate that the asset is overbought and the price may decrease. If they are below 20, it may indicate that the asset is oversold and the price may increase
- In the case of DOGE, if the KDJ shows values above 80, it may be a sell signal, and if the values are below 20, it may be a buy signal
2. RSI Indicator:
- Pattern: No Pattern
- RSI (Relative Strength Index) is an indicator that measures the speed and change in the price of an asset. It fluctuates between 0 and 100.
- If the RSI is above 70, it may indicate that the asset is overbought and the price may decrease. If the RSI is below 30, it may indicate that the asset is oversold and the price may increase.
- In the case of DOGE, if the RSI shows values above 70, it may be a sell signal, and if the values are below 30, it may be a buy signal
- In the case of DOGE, the lower boundary of the
Bollinger Bands can serve as a support level and the upper boundary - as a resistance level