BITTREX:DOGEUSD In our previous analysis, our demand zone was between 0.00000025- 0.00000016, price took support and bounced back 50% Our current view : it is testing the support. If support holds, it will move $0.0030 in no time. 1) Always trade with Sl. 2) Place your sl based on the risk appetite. 3) Price may hit a particular target and reverse, so...
DOGE USD FROM 0.0026$ TO 0.0035$ THEN 0.005$ THEN 0.0057$ STOP LOSS ON 0.00216$
DOGE USD from 0.0026$ to 0.0035$ then 0.005$ then 0.0057$ stop loss on 0.00216$
Here it is again on the weekly. woobull.com
Dogecoin daily breakout is holding this time.
We have some similarities here. Dont fall for the FOMO or you'll get burned.
Doge has been looking interesting. I believe a bullish divergence has been forming on DOGE/BTC on the daily candles. Meanwhile, a gigantic spike in volume was seen on one exchange. Would be nice to see a pennant develop over the next few day candles which in my opinion would could be quite a bullish pattern.
Looking at the graphs, I think this is a great time to buy some Dogecoin! price is low and alts are coming!
DOGE has been in a significant downtrend and is potentially looking to breakout to the upside. We have to be aware that this is a counter-trend trade being in a downtrend, however, since we are keeping our stop loss tight it is worth the risk for a high probability trade. Up to you to decide whether you wait for confirmation of the breakout before entering or...