DogecoinLong
Dogecoin - This Is Still Just The Beginning!
Updated
Dogecoin (DOGEUSD) is still in its early stages:
Click chart above to see the detailed analysis👆🏻
Although Dogecoin already rallied more than +350% after breaking out of the triangle pattern, this still just seems to be the beginning of the next major bullrun. A conservative approach would indicate a +9.000% rally, but the first primary target is still the previous all time high.
Levels to watch: $0.7, $5.0
Keep your long term vision,
Philip (BasicTrading)
DOGEUSD) is still in its early stages:Click chart above to see the detailed analysis👆🏻
Although Dogecoin already rallied more than +350% after breaking out of the triangle pattern, this still just seems to be the beginning of the next major bullrun. A conservative approach would indicate a +9.000% rally, but the first primary target is still the previous all time high.
Levels to watch: $0.7, $5.0
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Dogecoin (DOGEUSD):
Click chart above to see the detailed analysis👆🏻
Tomorrow we will finally see the monthly candle closing on Dogecoin and this breakout move of +160% is simply an indication that we will see a lot more upside. Just look at the previous cycles - they all started with a major breakout and ended with many more green candles over the following months.
Levels to watch: $0.5, $0.7
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Dogecoin (DOGEUSD):
Click chart above to see the detailed analysis👆🏻
It was actually quite expected that we see some short term profit taking on Dogecoin after the incredible rally of +400% over the past couple of weeks. Just look at what happened back in 2017 - we saw the first pump, then a consolidation and profit taking phase before we saw the finaly blow towards the upside.
Levels to watch: $0.5, $0.7
Keep your long term vision,
Philip (BasicTrading)
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