Description
⋅ DOGE follows a consistent yearly market cycle, with 10x returns upon completion.
History shows this cycle is timely and reliable.
Vix oscillator indicates bottom has been tested a few times, can only go up from here.
DOGE is re-branding, 2018 is the Year of the Dog.
Trade active
⋅ in @ 16 SATS
target @ 200+ SATS range
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⋅ Side note: Taking profits at the top is a MUST or risk getting stuck at the bottom in the end of the cycle.
Market cycle is extremely tedious to wait out =p
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⋅ price action at the moment is positive, volume is increasing:
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⋅ classic double bottom bounce in a 'W' reversal pattern + break above cloud resistance
HERE WE GO
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⋅ Weekly and daily chart are about to turn bullish:
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⋅ Clarification for the chart above:
-MACD flipped up indicating the start of fresh, positive momentum on both weekly and daily.
-Waiting for the green line to cross over the blue and red line on the weekly chart.
-On the daily chart, crossover action looks healthy - would like to see the green line swamp over the blue and red lines for upward movement.
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⋅ Going up, all signals/indicators are healthy
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⋅ Appears to be a dog in the OBV osc =p
Looks like DOGE is headed to 50 SATS after some minor consolidation
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⋅ hit 50 SATS, next is 80-100 SATS
Bullish chart patterns signal more upside action on the weekly chart:
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⋅ Comment
⋅ breached 80 SATS, 100 SATS is next
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⋅ 100 SATS BREACHED expecting consolidation in this range before 120 SATS
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⋅ Trade closed manually
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Thanks a lot mate for such analysis
when should we have such ride again ?
also what other investment you are in that looks like Doge ?
Appreciate your insights Moon
Have a lovely day