DOGEBTC trade ideas
Cup and handle forming on DogecoinHello guys.
Ok lets get started...
First of all beautiful cup and handle forming on Doge . Lets hope it realize.
All the sign of a breakout are there.
Stoch RSI bottoming out.
Seems like the price wants to break the 60 sats resistance but if finding it difficult to do so.
The price wants to break out of the short term downward trend.
Non of the EMA lines show any form of a downward trend.
Entrance price around 57-60 sats.
First small profit take from 70 sats could go as high as 90 sats.
If the price breaks the 67 sats resistance we will MOON!!
**I see quite a lot of order book manipulation so be aware sell order might net be as large as they seem.
**Also look at the trade history you will notice some BIG buy orders in comparison with small sell orders.
Good luck and remember in essence it should be easy... buy low, sell high and repeat.
Which way will the DOGE go?It is my belief that DOGE is still on a downward trend back to bottom around 30 sats or so. Might pump up towards 68-70 sats due to ppl believing the fomo that other analysts are putting out there and then it will fall hard. If you look at past 5 years trend of Doge never once has it mooned off of a downward trend like this. All downward trends always go back to bottom before flat-lining for a couple months then taking off with Doge. Though this is the first time Doge has had such a cup and handle. Though that could be manipulation. With Doge it is not hard to throw in 50k to hold the price up with micro transactions in the hopes the fishes fomo raises the price up 4-8 sats for some profit. Otherwise the trend seems like it should be going back to bottom. Regardless of which way it goes it is hard to lose much when you can margin Doge up or down :) win win regardless. Happy trading peeps.
DOGE TO A NEW ATH THIS YEAR - Future Bitcoin?Chart is self explanatory, without even looking at it you should know that DOGE will erupt this year like never before.
Future Bitcoin is just a joke that was seriously talked about on BBC and CNBC.
We will be going into this trade harder and stronger this year for maximum profits.
Members will get more info regarding how to trade this coin.
Chart is self explanatory - target in USD is $75 - Stop losses might be necessary for investors not watching ETC market continuously.
DOGE: Cup and handle. So possible. So Doge.From looking at the big picture, it is possible we may see cup and handle formation happening on Doge coin. Not suggesting an entry point at this time, but it is good to watch out for. If it happens though....watch out. Very moon. So doge. So lambo.
btw.. Rumor has it they are talking about rebranding this year.
Good luck
-Kolhaj