This is not trading advise- This is purely from a technical point of view. The meme coin has moved much in the past if you remember. Could we see those highs again with FOMO fever starting to take hold.... Soon your friend with no interest in BTC will be saying they just bought some ... That's when you know both you and they have missed the express train Here's the scoop "
TOKEN DESCRIPTION
Baby Doge Coin is a meme cryptocurrency designed to be deflationary and more scarce over time. All holders of Baby Doge will earn more baby doge that is automatically sent to your wallet by simply holding Baby Doge coins in your wallet." .... NEXO also have the same type of set-up. If you hold Nexo in your Nexo wallet then any interest earned goes towards purchasing more nexo or BTC - your choice.
Also keeping a close eye on DOGERISEUP for whale activity.- Good luck if you bag some.
TOKEN DESCRIPTION
Baby Doge Coin is a meme cryptocurrency designed to be deflationary and more scarce over time. All holders of Baby Doge will earn more baby doge that is automatically sent to your wallet by simply holding Baby Doge coins in your wallet." .... NEXO also have the same type of set-up. If you hold Nexo in your Nexo wallet then any interest earned goes towards purchasing more nexo or BTC - your choice.
Also keeping a close eye on DOGERISEUP for whale activity.- Good luck if you bag some.
Comment:
It's a very strong bull market. Many Alts are moving. We may see Alts really kick in when BTC Dominance reaches 60 % and makes a pull back. ETH is lagging slightly as usual behind BTC in strength .
Comment:
Hopefully if you took this trade you have removed your initial investment and now riding the free Baby Doge Train. Keep an eye out to see price reaction to the previous high @ 3765. I'm still expecting strong bullish momentum for a couple of months yet . Also check out Frax ( FXS) and Altlayer (ALTL) could be good investments long term with a pump likely within the next month or earlier.
Comment:
Okay, a touch of resistance. Look for a possible break at the top of the channel we have which might be at the last previous high. Next levels 0x8.....4427, 0x8...6263, then the moon shot. Don't forget to bag pipps on the way up.
Comment:
You got some, that's a 200% net gain . Hit the top of our channel nicely, an typical reaction . Now we see what the reaction will be from here. It wasn't a massive correction down, lets assume it will consolidate here for a day or 2 then turn it's rocket boosters on and break that resistance . Next levels 0x8.....4427, 0x8...6263, then the moon shot. Don't forget to bag pipps on the way up.
Comment:
0X8.....2825 is our support area, could go lower to the xxxxx.. 2550 on the red horizontal line. Then buckle up... So we have removed our initial and taken other gains on the way up . Lets see how it reacts from here , we could get a second chance from a retrace into the golden zone 0.168.
Comment:
We have found some support at last. Free coins after our initial TPs . Let's see if we can get traction above 0.0.......2680.