Hello, Doge (and the rest of Crypto) seems to soon tank downwards, atleast i think there is a good propability that it is soon happening.
Doge seems to trade in a falling Wedge pattern, which´s target is my green support.
It will propably never recover at its a meme coin which purely depends on hype and not fundamentals.
Even buying green supp is still way overvalued, but we may see a shortlived correction there.
Personaly not trading doge, altho its a nice setup with close sl to short it.
DYOR.
Doge seems to trade in a falling Wedge pattern, which´s target is my green support.
It will propably never recover at its a meme coin which purely depends on hype and not fundamentals.
Even buying green supp is still way overvalued, but we may see a shortlived correction there.
Personaly not trading doge, altho its a nice setup with close sl to short it.
DYOR.
DOGE/BTC Chart: