Following previous vid on DOGE we fell into technical demand zone.
In this videos I go through the technical levels that are worth pay attention and made decision on.
Overall I don't have macro bullish outlook.
Doge may push into the 0.106 range and then completely retrace.
But my opinion of what I think will happen matters little. What matters is to observe...
Doge still looking weak trading bellow the trendline and resistance at 0.254.
If this momentum maintains 0.122 is likely next target.
This is looking like it could certainly melt down to 0.07 considering the amount of retail vested in for full pain.
Last video on DOGE got surprising great engagement and feedback. Thank you everyone! 🤝
So DOGE is currently at support but is it over?
Current momentum is extremely weak but what is really more concerning is the lack of volumes.
Not enough people are selling which could imply people handling their drawdowns with great strong doggo owner hands.
If Bitcoin see a...
Doge atm looking weak in the near term. It requires bounce above 0.73 to become bullish.
The RR entry atm seem to be around 0.45.
Better wait to see the development in next 2 days.
Doge hit another ATH. Taking a fomo long here is risky but since we are still above trendline basis we can take with a 10% of typical position size and stop immediately below the trend-channel basis.
Next best RR setups come at 0.55 or at the last point of support at 0.044.
