Dogecoin After Correction...
If I tell you what I went through with Dogecoin (DOGEUSDT) I don't know if you would laugh or cry... I did both.
I'll make a long story short.
I sold too early on a strong leveraged position and missed on massive profits...
But hopefully my readers/followers took advatange of the full wave, as I shared this one about 30 times before the strong breakout took place.
Let's see what the chart is saying today.
Dogecoin (DOGEUSDT) Daily Timeframe
From now on, Dogecoin has the potential to resume its growth.
Compressed
- Strongly bullish above MA200 and 0.786 Fib. retracement.
- Consolidation below this level yet still bullish long/mid-term.
- Bearish below $0.055, mid-October low.
I hope you find this analysis useful.
I appreciate you.
Thanks a lot for your continued support.
Namaste.
I'll make a long story short.
I sold too early on a strong leveraged position and missed on massive profits...
But hopefully my readers/followers took advatange of the full wave, as I shared this one about 30 times before the strong breakout took place.
Let's see what the chart is saying today.
Dogecoin (DOGEUSDT) Daily Timeframe
- After the strong move late Oct./early Nov., we have a correction which is 100% normal.
- Seeing this correction stop at MA200, also coinciding with the August high price range is good news.
- We can see prices bouncing off the 0.786 Fib. retracement support.
From now on, Dogecoin has the potential to resume its growth.
Compressed
- Strongly bullish above MA200 and 0.786 Fib. retracement.
- Consolidation below this level yet still bullish long/mid-term.
- Bearish below $0.055, mid-October low.
I hope you find this analysis useful.
I appreciate you.
Thanks a lot for your continued support.
Namaste.
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