As all of these stocks and cryptos are pumped I want you all to pay close attention to RSI levels on the larger time frames.
The time to buy this example, in particular, was during this accumulation zone. If you are trading it then perhaps after it broke the recent high for a long position. All over the internet, we saw "dogecoin $1". Experienced traders simply view the RSI levels to see how overbought it was. Do not follow the FOMO. Sheep get slaughtered - be an innovator and get in EARLY.
Everyone wants to buy DOGE when it hits .09 cents but after it corrects down to .03 nobody wants to buy it and certainly, nobody wanted to touch it in its early days... and of course, some people just do not want to touch a "coin" with a dog on it that was made to be a joke.
...Doge to $100? hahaha
Some will become rich will most lose their life savings.
The time to buy this example, in particular, was during this accumulation zone. If you are trading it then perhaps after it broke the recent high for a long position. All over the internet, we saw "dogecoin $1". Experienced traders simply view the RSI levels to see how overbought it was. Do not follow the FOMO. Sheep get slaughtered - be an innovator and get in EARLY.
Everyone wants to buy DOGE when it hits .09 cents but after it corrects down to .03 nobody wants to buy it and certainly, nobody wanted to touch it in its early days... and of course, some people just do not want to touch a "coin" with a dog on it that was made to be a joke.
...Doge to $100? hahaha
Some will become rich will most lose their life savings.
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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.