DOGEBTC Seems bullish on the weekly chart. I had a long position open from 26sat for a small amount.
(It is just my opinion, not a/an investment/trading/financial advice. Do your own research before trading any cryptocurrencies; trade safely.)
Idea is that doge will go to around 66 sats where it has its weekly resistance and supply zone and drop back to the 99 MA on the weekly chart and pump to newer highs.
Guess what happened when Bitcoin ranged after the initial run up post 2013-15 bear market? Dogecoin punped 400% in 3 months. History doesn't repeat itself but it might rhyme. Idk though not financial advice.
TLDR: May want to wait for BTC to drop or plateau over the next several months before buying any DOGE for medium term gains.
A simple ponder. I recently wrote about the possible long term trajectory of BTC (see ).
I will leave it up to the reader as to whether you agree or not. I'm not an expert, but I'm always looking for long term trends, and BTC conforms...
Short the puppy below 24, cross your fingers for the Alt Market Cap percentage move sideways or upwards.
BTCUSD @BITSTAMP daily close above 11120$ is bad news for doge.
Good luck!
DOGE found a strong support at 29sts and we can expect a nice pump to above 35sts in next days
With DOGE, no need Stoploss at this time because supports of DOGE is everywhere
What for the weekly RSI reaches 70 for the first TP.
Otherwise Fibo levels depicted are good for TPs.
I hope $DOGE will one again light the fire of the new alt season:)
Have good luck!
Seriously. Their whole chart ... is a downward triangle. The whole thing is a bear trap. As much as Doge Coin is literally a joke created by its humor-driven creator, the thing lives, and people trade it. And it led yesterday's run up that saw BTC shoot from around $4k to $5080 before settling in the $4700 zone.
Not that I think anyone will ever buy anything in...
