Dogecoin / DOGEUSD is expected to be among the high cap winners during this Cycle.
Not only is it currently still under its All Time High but the recent massive post U.S. election rise brought it to the 0.786 Fibonacci level.
Following a 1day Golden Cross early this month, we believe that we are trading on a similar Cycle stage as January 2021 (also on the 0.786 Fib).
The 1day RSI fractals seem to match perfectly, being way above 80.00 and what should follow next is a test of the 1.5 Fibonacci extension.
Buy Doge and target it at 3.000.
Previous chart:
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Not only is it currently still under its All Time High but the recent massive post U.S. election rise brought it to the 0.786 Fibonacci level.
Following a 1day Golden Cross early this month, we believe that we are trading on a similar Cycle stage as January 2021 (also on the 0.786 Fib).
The 1day RSI fractals seem to match perfectly, being way above 80.00 and what should follow next is a test of the 1.5 Fibonacci extension.
Buy Doge and target it at 3.000.
Previous chart:
Follow us, like the idea and leave a comment below!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.