Dogecoin (DOGE) - Will DOGE lovers finally be rewarded?
Updated
Things have not been as exciting as most cryptocurrency enthusiasts would have thought, especially for 
DOGE . At just 3x from this year's low, it is to date one of the worst performing memes. Let's take a look at what Dogecoin might have in store.
Macro View.
Everything remains intact on the monthly and it just regained lost support on the weekly. Many probably missed the yearly opening retest at $0.09 hoping to get a perfect retest of that level, only to be left out!
Price trading above $0.12 over the next three weeks will present a change in trend and print a new bullish signal
Once it reaches $0.17, things will start to pick up momentum, as that would be the last level for the bears to defend before a nice push towards $0.33.
Actions to Take:
Bid at $0.12 for a turn towards $0.17.
Invalidation below a daily close of $0.114.
A rather slow trade, so be patient!
DOGE . At just 3x from this year's low, it is to date one of the worst performing memes. Let's take a look at what Dogecoin might have in store. Macro View.
Everything remains intact on the monthly and it just regained lost support on the weekly. Many probably missed the yearly opening retest at $0.09 hoping to get a perfect retest of that level, only to be left out!
Price trading above $0.12 over the next three weeks will present a change in trend and print a new bullish signal
Once it reaches $0.17, things will start to pick up momentum, as that would be the last level for the bears to defend before a nice push towards $0.33.
Actions to Take:
Bid at $0.12 for a turn towards $0.17.
Invalidation below a daily close of $0.114.
A rather slow trade, so be patient!
Trade active
A bit skeptical as tomorrow FOMC will bring volatility, but still a good level to start buying some. Trade closed: stop reached
Clearly, the market wasn't ready.
Another setup is emerging, but I'm waiting for Friday's US jobs data release. Expect some action over the weekend, so be prepared to move then
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