Coinstreet
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DOGE ready to retrace?

BITTREX:DOGEBTC   Dogecoin / Bitcoin
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Sold out of my coins, we could have 1 more swing high, but Dogecoin is known for its sudden quick rise and fall and there is no reason to think this time is going to be any different.

The structure looks very similar to previous runups and as such, I expect support to come in on the 0.618 retracement fib once again.

In any case I would be careful buying up here, the 0.50 looks like first good chance if you really want to get some but I prefer around 0.618.
Dip reached expected levels, this could be a nice area to scale into a new position for a bounce.
Initial targets would be the 0.50 fib (73 sats) and 0.3823 fib (81 sats).

When we reach these levels we secure the position by setting the stop to break even.
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