WaisTrades

Hodl The Line Doge! Wedge Pattern In Play

BITTREX:DOGEUSD   Dogecoin / US Dollar
Keep calm and hodl Dogers. Sentiment is bearish but bad news catalysis's like this happens every time we have large rallies. Ive been in this space for almost 5 years and the government will always coming out with some bad news only to keep the dollar strong and collect your money through taxes.

Breaking down the charts, we are actually forming a nice descending wedge pattern on Doge. I love wedges as 75% of the time they work! Do Not buy in exactly at this moment as there is some more consolidation happening. I would look for better entries on the lower portion inside the wedge , or even safer plays when we break out of the wedge . This looks to be the most attractive play in the crypto space right now and I will be watching this closely.

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