bwymore

DOGE/USD to $2.80+ ? Potential Long Depending on Market

Long
BITTREX:DOGEUSD   Dogecoin / US Dollar
I'm seeing a similar pattern to the last big push and consolidation. If it repeats the same we are about to have a big pump. RSI similarities as well. We have been pinging off the same spot that has resulted in the previous pumps. A stop loss below the yellow dotted would probably be a good idea. A lot is unpredictable currently with everything in turmoil obviously. 55/200 EMA profile even looks similar. Time will tell. (Blue drawn line is just an example of what may unfold if history repeats again)

Disclaimer: Trade at your own risk, I am not a professional. I'm simply sharing my thoughts.
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Comment: Having a little breakout atm. Should go to white resistance if nothing else I imagine. Just watch it as it gets close to it.

Comments

I followed the same pattern on weekly. 10w intervals suggest a spike this week
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I noticed each 60 days there is a spike
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Thiers a guy did a similar charting like you, i think your chart is right somewhere $3+ max at $5
+1 Reply
@WolvesOkami always good when others have similar thoughts. trying to have a little breakout currently
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@WolvesOkami and max price and min will probably depend on how many days it takes to intersect the boundaries.
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