With BTC falling, alts are sure to follow. DOGE is one of the alts which has, surprisingly, not lost >80% yest since the top. Appears that there's still quite some buying power!
A week ago I made an analysis on DOGE where I discussed the potential future move of this asset and the triangle where it's trading in. It appears that DOGE's minor support area is failing and that we're gearing up for a bearish move towards the major support area.
Assuming this red area will hold, it will be a great opportunity to buy in again into the market.
As mentioned in other analyses, I'm bullish in the longer term. Might very well be the case that there's still more pain for us in the near future.
Happy trading!
A week ago I made an analysis on DOGE where I discussed the potential future move of this asset and the triangle where it's trading in. It appears that DOGE's minor support area is failing and that we're gearing up for a bearish move towards the major support area.
Assuming this red area will hold, it will be a great opportunity to buy in again into the market.
As mentioned in other analyses, I'm bullish in the longer term. Might very well be the case that there's still more pain for us in the near future.
Happy trading!
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