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TheManInBlack
May 5, 2017 9:52 PM

Dogecoin approaching breakout of ascending triangle pattern 

Dogecoin / BitcoinPoloniex

Description

Since late April near the time Poloniex announced the delisting of 17 altcoins, Dogecoin has seen a much larger than normal daily volume, creating an ascending triangle. This pattern should reach its breakout point in the next 24-48 hours, but it hard to tell which direction it will break. Spikes in volume have coincided with some profit taking, but Dogecoin has room to grow in value, so I am betting we will see a nice uptick in price.
Comments
gmgame
Well casted
Psywalker
in doge we trust ^^
AaronX
Oh easy, hold your dawgs tight! we might be using this pet food.
Psywalker
nice idea.. lets see =)
TheManInBlack
@Psywalker, dead on the money! too bad my money was elsewhere with so many coins popping at the same time
Psywalker
TheManInBlack
@Psywalker, happily my money freed up and I was able to bank 15% just playing the 2 satoshi spread that the price is bouncing between.
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