DOGE — RSI Signal 1D Chart — 28% Potential + High Reliability!

Amongst many other tokens, DOGE flashed a promising bullish RSI signal on the daily chart.

The trade potential has been calculated at 28% based on significant resistance levels.

Looking at the backtest data, the RSI signal for DOGE proves to be quite reliable on the 1D chart. 92% of historical signals lead to gains of 5%. Moreover, gains of >10% were possible in 88% of historical signals.

Trend indicators are mainly bearish (similar to most other altcoins at the moment). However, many momentum indicators, such as the RSI, WillR, Stochastic RSI, and others, provide oversold signs.