DOGE COIN MOON OR DOOM PART 2
Dogecoin has definitely been the hype coin of the week reaching a new ATH in a very short period of time - largely due to all the hype spread form WSB and Reddit.
Currently, Dogecoin has broken out of a pennant it has been in since the newly found all-time high - while finding support on the new up trend line although briefly breaking below yesterday.
If doge can break above a strong resistance level of $0.040 we could potentially see a run-up close to the newly set ATH - bear case: if doge fails we could see it retest the $0.030 - 0.020 range.
Always be safe when trading hype coins as market directions can change rapidly - let me know what you all think doge will do over the next few days!
''Buy Big Sell BIGGER'' - MegaWhale
Currently, Dogecoin has broken out of a pennant it has been in since the newly found all-time high - while finding support on the new up trend line although briefly breaking below yesterday.
If doge can break above a strong resistance level of $0.040 we could potentially see a run-up close to the newly set ATH - bear case: if doge fails we could see it retest the $0.030 - 0.020 range.
Always be safe when trading hype coins as market directions can change rapidly - let me know what you all think doge will do over the next few days!
''Buy Big Sell BIGGER'' - MegaWhale
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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.
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.