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seoco
Apr 25, 2022 4:56 PM

DOGE/BTC - Doge Breakout on its way ? Long

Dogecoin / BitcoinBinance

Description

Is there a breakout on its way for DOGE?

We received a daily buy signal for the DOGE-BTC pair in the beginning of March.
We bottomed out and seems to make the reversal.

My targets:
.00000503 (.236 fib)
.00000638 (.382 fib)
.00000747 (.5 fib)

If we break through the descending triangle we will probably not go in a straight line towards the .236 fib but fist bounce back on the top of the descending triangle to find some support.

Don't forget to get profit or set alerts when we hit our targets.
You can always buy it back on a retrace. It will not go in one straight line to the next targets.
Also keep a close eye on BTC . If BTC starts to pump it is better to move some of your profits into BTC .
Your end goal should always be to increase your BTC amount.

Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.
Comments
seoco
It seems to be official: Elon Musk buys Twitter.
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