Key technical support tested at .21$. Price is still above the solid run it made August 6th and burnt off a good percentage of selling pressure.
The RSI on the 4 hour chart looks bullish, but the daily chart is hard to tell. EMA cross indicates sell, but I wouldn't consider the red candlestick today a confirmation unless it closes under .25$
I personally have purchased more this dip.
None of this is financial advice, but I'll keep you posted on my trades.
Be sure to trade with stop losses.
Don't be afraid to collect profits and cut losses.
That being said, I'm a self-proclaimed hodlr and feel like that's where the money generally lies with doge.
Happy trading.
The RSI on the 4 hour chart looks bullish, but the daily chart is hard to tell. EMA cross indicates sell, but I wouldn't consider the red candlestick today a confirmation unless it closes under .25$
I personally have purchased more this dip.
None of this is financial advice, but I'll keep you posted on my trades.
Be sure to trade with stop losses.
Don't be afraid to collect profits and cut losses.
That being said, I'm a self-proclaimed hodlr and feel like that's where the money generally lies with doge.
Happy trading.
Trade active:
Price is grinding out mostly sideways. EMA's continue to slowly increase. RSI has not changed much. We've held solid above technical support, but any further downwards could mean bad juju, as BTC dances around 45.5k similarly.
The trend looks to be a descending wedge though and would generally be bullish coming out of it.
Holding strong.
GL friends.
The trend looks to be a descending wedge though and would generally be bullish coming out of it.
Holding strong.
GL friends.
Trade active:
Still holding, but not looking good right now. Big sell wall at .26 holding things down. Volume hasn't exactly spiked, but imo, I doubt we'll see much indication before prices spike. We'll probably be looking back on it wondering where the hell the volume came from like the last time things started to moon.
I'm still holding though.
Over the last 3 days, there's been three bullish convergences on the 8-21 day ema's.
The RSI is could go either way.
If the trading volume doesn't start picking up on average, it could be a pretty bearish sign though?
I'm still holding though.
Over the last 3 days, there's been three bullish convergences on the 8-21 day ema's.
The RSI is could go either way.
If the trading volume doesn't start picking up on average, it could be a pretty bearish sign though?