WaisTrades

The Doge Got Loose!

Short
BITTREX:DOGEUSD   Dogecoin / US Dollar
Since my last posting, Doge did break out of the wedge pattern as predicted and we made nice 30% gain. Unfortunately, we just tested a previous high of .43 and saw rejection. This rejection now forms a bearish head and shoulder on the larger time scale with very bearish indications of a much larger correction to the downside.

As I predicted, if the whole crypto market does not move along side Doge, Doge will come back down with the market. The spike increase was mainly due to Doge being added to Coinbase but since then the news has faded and the rest of the crypto fear looms in once again.

Comments

Agree. I am expecting to come down to 0.05-0.10 over a month or 2-3. It need months chart correction before it goes up to $3-7.
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This is something I have been watching form, if we breach .385 this could play out.
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