DOGE - Only Other Coin I own - Give Me a Reason?So someone asked about DOGE and ironically it is the only other coin I own right now other than Bitcoin.
I like DOGE for one reason, and one reason only. Elon Musk has supported DOGE so I give it a slim possibility of making it to the next level.
As for other alts, NOPE!!! Eventually zero is the answer, at least for most.
Technically DOGE has broken out of resistance and is consolidating nicely. I posted a long at 16-17 cents and that is doing nicely here and with the current consolidation there is no reason not to stay long.
Major support is found at 20 but as long as we remain above 35. Let us take a look at the larger picture.
If I have said it once, I have said it a thousand times, history repeats which is why we see the same patterns over and over in the markets. Of course I have also said "history repeats until it doesn't" also but let's not focus on that.
Had a long broad consolidation between rallies and it appears we are getting the same sort of setup. I believe once we take out the high we make a strong move higher and we are getting closer than most think.
You want to be positioned before the move here and this is the reason I will probably be adding to that position in the near term.
This is a coin I still think has potential for a 10 bagger. I do not think $4.00 is out of range for DOGE which is why I am buying more.
IMHO I believe this is going to be the last hurray for alt coins and there will be few survivors. Bitcoin and likely a couple others but this will play out in the charts.
There is absolutely no reason to own 100 alt coins, none!!! If so give me a reason?
Target with DOGE $4.00 and I don't need another home ;)
