DOGECOIN - Once In A Lifetime Opportunity 🌟
Dogecoin has been difficult to read as of late but going to the higher timeframe, it can be seen that we had a clear impulse down and then an ABC correction and we're at the start of maybe another impulse down.
We have 3 major levels which we are looking at for a bounce.
First area: 0.17
Price bounced off this price multiple times and we are now showing some sort of rejection here
Second area: 0.8 to 0.9
It was previous a level dogecoin failed to break. This could hold some relevance if price gets back here and may act as a support for the next bounce.
Third area: 0 to 0.01 (also has -0.27 fibonacci target)
Depending on how you see it, this could either be the best case scenario or the worst case scenario.
Best case: if you're not holding any Dogecoin at the moment and want to get in and stock up. If bought near 0, any move up would mean exponential gains for your portfolio!
Worst case: If you are holding Dogecoin and your portfolio is bleeding. However, this may just be a blessing in disguise as it can be an opportunity for you to get more Dogecoin!
This may well and truly be the last chance to get into Dogecoin before we never see these low prices again. Pay close attention to this one!
We have 3 major levels which we are looking at for a bounce.
First area: 0.17
Price bounced off this price multiple times and we are now showing some sort of rejection here
Second area: 0.8 to 0.9
It was previous a level dogecoin failed to break. This could hold some relevance if price gets back here and may act as a support for the next bounce.
Third area: 0 to 0.01 (also has -0.27 fibonacci target)
Depending on how you see it, this could either be the best case scenario or the worst case scenario.
Best case: if you're not holding any Dogecoin at the moment and want to get in and stock up. If bought near 0, any move up would mean exponential gains for your portfolio!
Worst case: If you are holding Dogecoin and your portfolio is bleeding. However, this may just be a blessing in disguise as it can be an opportunity for you to get more Dogecoin!
This may well and truly be the last chance to get into Dogecoin before we never see these low prices again. Pay close attention to this one!
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