DHLawrence

Doge - investment, or meme?

DHLawrence Updated   
BITTREX:DOGEUSD   Dogecoin
Hello,

It appears as though DOGE has departed most of my long range bullish projections.

We still looks for support above the ceiling that recently was in the 0.060 range. I will be looking for historic resistance vectors, from the bullish channels, for confirmation of bullish support. If the bearish resistance channels cause the bounce, then that is concerning.

We have massive historic levels for DOGE that have not yet been checked by a bearish market. Rocket = Bomb.

Whats does your gut tell you? Is doge a solid investment for the digital future, or just another mass hysteria hype, like beanie babies, and baseball cards. Does it feel like you are you investing in Doge? . . .. . Or collecting it?

Good Luck, God Speed, Love & Light to All!
Comment:
Pink trace shows a likely level behavior with the bears in control.
It almost looks like meta trans box reversal pattern forming, however, recent lows below the bullish support of the first half of the cube have me concerned that we may be mushing through this level … and daddy always said “don’t fuck with bear markets”
Comment:
He didn’t really say that… he wouldn’t have swore. But that would have been his advice for sure. ;)

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