Buy Doge and Forget about it.

23 ene 2022

Few several months it's bleeding in the crypto market, and DOGE is not beyond it. Among all the cryptos, I like Bitcoin and DOGE most.

Technically, DOGE reached its trendline support area. What started in June 2021. Several times market respected this trendline support and bounced back to the upside.

Since begging, DOGE lost nearly 70% of its value and reached its trendline support zone. So, it is expected that DOGE has a great chance to bounce back from the current price zone.

As cryptos are under high selling pressure, it is hard to say when the investors will rush on the crypto market, but as cryptos are a booming market and new trend investment sector, it still hopes that investors will very soon run on it.

So, if you have spare money on your account, you can afford to lose. Just buy DOGE and forget about it. I hope it will give you good returns.

Technically, where identified the Buy zone at $0.1242 and 0.1100 price zone. I think it doesn't need to stop loss from the present situation. Because it's only 1200 pips, if it drops 1200 pips, the value of DOGE will be zone. Unless crypto becomes Ponzi Scheme, it's not possible that DOGE will become zero of its value.

But if you trade DOGE at forex, keep your stop loss at 0.8850. In addition, keep your short-term target zone at $0.1981 and long-term target zone nearly trendline resistance at $0.3067.