My view on Dogecoin for the next week, based on the patterns that has taken place the last week.
Blue = Very optimistic
Green = Pretty optimistic/realistic
Yellow = Very realistic
Orange = Pretty pessimistic, slow realistic.
THICK WHITE LINE = DOGEDAY prediction for next tuesday 04/20!
I don't see it to go down for now because it has found a strong support on the 0.22 and 0.26 area. NOW it's also respecting the last uptrend line for this moment.
It is narrowing down from the upper and downside, strong bullish momentum coming up OR a long period of consolidation before going up.
FUN FACT: the blue area on the chart (the blue square box area) is 20th of april, also known as DOGEDAY. The doge fans will try to push dogecoin to $1,- THAT'S 3X THE VALUE ON WHAT IT IS RIGHT NOW!!!! :D
I personally think it's honestly a bit too optimistic for the moment, but I surely think that it will hit $0,50 or maybe $0.60 before retracing back down again.
My personal recommodation would be: buy dogecoin now and hold until Tuesday/Wednesday at latest before the retracement back down. OR: buy now and hold for the next 2 till 10 years. Because it's going to be a wild ride! That's for sure! :)
Blue = Very optimistic
Green = Pretty optimistic/realistic
Yellow = Very realistic
Orange = Pretty pessimistic, slow realistic.
THICK WHITE LINE = DOGEDAY prediction for next tuesday 04/20!
I don't see it to go down for now because it has found a strong support on the 0.22 and 0.26 area. NOW it's also respecting the last uptrend line for this moment.
It is narrowing down from the upper and downside, strong bullish momentum coming up OR a long period of consolidation before going up.
FUN FACT: the blue area on the chart (the blue square box area) is 20th of april, also known as DOGEDAY. The doge fans will try to push dogecoin to $1,- THAT'S 3X THE VALUE ON WHAT IT IS RIGHT NOW!!!! :D
I personally think it's honestly a bit too optimistic for the moment, but I surely think that it will hit $0,50 or maybe $0.60 before retracing back down again.
My personal recommodation would be: buy dogecoin now and hold until Tuesday/Wednesday at latest before the retracement back down. OR: buy now and hold for the next 2 till 10 years. Because it's going to be a wild ride! That's for sure! :)
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Join my Telegram:
Forex Millionaire Mindset
Link: t.me/+SnbRmkMV7WaEvUJs
Forex Millionaire Mindset
Link: t.me/+SnbRmkMV7WaEvUJs
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.