DOGE - Looks to enter a cycle trend with breakout trend.
Hello trading friends,
Know before you start reading this view that meme coins are very risky for this reason to make sure that risk management is high.
The dogecoin - known from the Elon musk time - and this coin still have the possibility to show some trends.
The reason for this update is as this coin shows to enter a new green cycle trend depending on TA.
What means this?
That there is a high chance that we could see a doge breakout coming time - but know that same time there is no guarantee into crypto markets, all depending on data.
The great target would be 0,20 with a long-term frame - but with unexpected doge breakouts, it could be faster.
Dogecoin is a coin that is known from historical trends - that it can break out with no support of BTC - it can go against BTC price. most breakouts are unexpected or after Elon trends.
Data shows there is a ON trend for the green cycle trend - why this and how it will affect doge coming time, we need to see it coming time or it will get a breakout, we should wait the time frame to see. If TA is right - then it will confirm this later out.
Have a good time.
This is not a trading call - Trade always only depends on your setups.
Know before you start reading this view that meme coins are very risky for this reason to make sure that risk management is high.
The dogecoin - known from the Elon musk time - and this coin still have the possibility to show some trends.
The reason for this update is as this coin shows to enter a new green cycle trend depending on TA.
What means this?
That there is a high chance that we could see a doge breakout coming time - but know that same time there is no guarantee into crypto markets, all depending on data.
The great target would be 0,20 with a long-term frame - but with unexpected doge breakouts, it could be faster.
Dogecoin is a coin that is known from historical trends - that it can break out with no support of BTC - it can go against BTC price. most breakouts are unexpected or after Elon trends.
Data shows there is a ON trend for the green cycle trend - why this and how it will affect doge coming time, we need to see it coming time or it will get a breakout, we should wait the time frame to see. If TA is right - then it will confirm this later out.
Have a good time.
This is not a trading call - Trade always only depends on your setups.
Comment:
Comment:
Doge will stay be interesting coming time for the breakout trend.