We have troublesome trend in USDTRY along with the increasing annual inflation rate around 48%(According to: twitter.com)
I depicted daily golden cross wih gray and local bottom with purple.
Resistance or take profit levels are depicted below*
*Not a trading advice. I hope I will be wrong.
Stoch RSI hits the lowest since 01.02.2017 on the monthly chart. Slope of RSI chart declines as seen. BTC has the possibilty to get hammered by weekly MA50, this may cause BTC dominance flow to the alts. Since we are in a mini bull-run(not like the one in 2017) i think $DOGE will not be beaten as much as in that time.
So here is my idea:
Rank 125 in the marketcap, has 19 trading pairs in 8 exchanges. Mineable coin since 2014. Daily, weekly, monthy heavily oversold.Tom Demark Count tired of counting after nine red bars. Buy when:
-KC lower band and BB lower band intersects(We have 3-4 months to go.)
-See monthly HL on the chart
-You see the monthly close above 7 day BB average
Monthy over sold. Always been in the top 40 @ coinmarketcap. In use for 5,2 years. Has 309 trading pairs in various exchanges. Here are my thoughts**:
Entry @ 45-50
**Not trading advice :D