Long

Back to dogs

Updated

Yeah I'm back with a WIF idea. It's been a long time. I see this terrible downtrend as an opportunity to buy back some dog coins. Technically I won't share much in this idea but this is a chart I'd take opportunities and I believe this is one. So I'm spot buying. It's always a good idea to buy over a period rather than all in at once.

This is it for now. Hopefully I'll share some details about TA soon.

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So my expectation for this chart is first a quick reaction, which is kinda happening right now, probably. Then eventually and probably slowly regain 1.5. That will be an obvious buy signal.

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Reclaiming 1.5 is good in any case. I'm just very doubtful about the general market after looking at a few charts. The bounce was really quick and gone higher than I thought, which makes me hmmmmmm.

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i tend to think this is a correction with another leg. 2.3-2.4 is a key area if that's the case.

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I'm still in. Honestly BTC looks better than dog coins :D Yeah that's a good thing. BTC can fix the market. For some time at least.

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Back above. Nice. Corn should carry.

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Do you know what this is? Because I don't :D I just know that it must hold 1.5.

Trade closed manually

I'm out @1.55. This is too much bullshit for me. Probably going down.

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It's actually impressive WIF still holding this level. But Bitcoin will probably continue down.

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Cool thing about WIF is that the chart is vertically symmetrical. So it's kinda coin flip for the largest timeframe we see on the chart. But a lot of coins have negative outlook on the same timeframe. So yeah I still think holding some WIF is fine as long as it's not trending below 1.5 persistently.

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I started rebuying slowly. But very slowly. I wanna see more sideways tbh. That'll feel safer.

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I wanna see this for WIF but you never know.

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I like green dogs. Market made a decision imo. It's substantial base. I expected one last scare but it's not bad.

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This is just good. DOGE similar. DOGE's bounce was not out of nowhere either. That was a multi-year support anyway.

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Considering this is the state of DXY, dogs are better than the dollar all day :D

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See how fucking impressive inverted DOGE chart is. I like this shit for a reason.

mitsandwits

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