adriel.arrasmith

DOGE Spaceship to The MOON is Ready to Crash

Short
BINANCE:DOGEUSDT   Dogecoin / TetherUS
DOGE has made an impressive run up since our call of a recent bottom at $0.02, all while Bitcoin is in it's final stages of a Wave 5 within this current bull cycle. Bitcoin will decline about 50% or more before any chance of resuming it's bull run. If you look at each time DOGE hit this far of an extreme on the RSI (94) it sold off between 50-75%, which would mean at least $0.22 for DOGE in the short term. If you notice all the major run ups DOGE would move 2-4 days then sell off. Also, 500% return in 4 days is blow off Wave 5 behavior. My target is about $0.09, which is the breakout area of the blow off top we're seeing. It's been a great run, but this is a great time to take profits and run for now. Especially, when DOGE was created just as a meme.

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