Recent BTC rally gives a great buying opportunity for the DOGE bus. Chart speaks for itself. Zoom out to 5 year and draw a fibonnaci sequence from ATH to all time low to see a perfect Fibonacci setup on DOGECOIN.
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Here's the 5 year fibonacci. You can see how a lot of the highest highs bounce of the fibonacci lines which tells me it will be a good reference for price action.
sir my 3 btc stuck now one month doge playing not touching to 160 i buy 3 btc of doge coin at 160 i am very scare maybe its scam coin always reach 140 to 144 and come back sir kindly give me hint what should i do long time doge made me crazzy
coagulans
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@ahmedjatt62, Hey Ahmed thanks for the message. One month is a long time to hold a coin that's in a consolidation. I will tell you that doge is not a scamcoin and it is accepted by many online retailers, has a great community behind it and is one of the fastest coins to transfer because its a clone of litecoin. It was also used on Nascar. Dogecoin is an indicator of market strength. When bitcoin and altcoins are doing well dogecoin tends to follow suite. Dogecoin will continue going up as long the overall market is strong.
eggsteban
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coagulans this is really an outstanding analysis up to this point, congratulation on such a great job
coagulans
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Here's the 5 year fibonacci. You can see how a lot of the highest highs bounce of the fibonacci lines which tells me it will be a good reference for price action.
sagar.dangur
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@coagulans, hey bro, it's already November price is still same as June. How is your Fibonacci doing?
coagulans
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@Sagar.dangur, The price is 1/10 what is was in June. If you still holding Doge might as well wait until next year it will most likely run again.