I have been watching this for a while, have had an alert on the daily MACD to hit a point. It hit it today. If you are holding BTC it might be a good place to hold some. You can play this on margin on poloniex, like you can buy doge move it to margin account and use it to go long, compounding gains but if it goes against you, you also compound losses.
Buy between 38 and 41. Targets are 50, 59, 64 taken from fibs, expect a 50% retrace for every target. Stop under the long ass straight line it has been doing for ages.
This is the MACD it is going to pass the Zero line in the coming days and go green.
Buy between 38 and 41. Targets are 50, 59, 64 taken from fibs, expect a 50% retrace for every target. Stop under the long ass straight line it has been doing for ages.
This is the MACD it is going to pass the Zero line in the coming days and go green.
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This thing does not take its time huh. Maybe this is just the first wave. Look for it to turn around 50's and target 90's
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or just go back to purgatory!
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I think this is done for a bit. I have alerts set for 89 sats and 65 sats. I think it goes between 50 and 65 and look for it to hold and turn there then buy again. If it goes above 90 its probably already hit the retrace but looking at it with fibs it looks like its going down. Either ways target once it returns to bullish is 120-140 for 100%+ gains. Have alerts set will update once one goes off.
