Well the year of 2021 has come to an end and investors are doing tax loss selling and institutions are rebalancing portfolios options are expiring, and hedge funds only get paid if they are in profitable positions... So this is part of the weakness and in countries that tax crypto or investors are expecting them to tax in the near future they are selling and trying to rebuy lower and finally there are those just simply getting out. ....
China has raised its ugly head again making all kinds of demands and putting restrictions out, although they want their own coin....UK is the same, the banking system has cut down the currency but the want to build their own coin ..India has puts its 2 cents in and Pakistan which I learned has a big currency population so don't count them out.....
This has put us into a very oversold position on the 4 hour chart which we are using here.. we are at n the relative strength index RSI 30 ..at the time of this posting...and DOGE is at .1686.... therefore I know it has been said many times before we are not changing our opinion and still have a major buy recommendation while .32 is a double from here and at a $1.00 that almost 6x....
Now the coin its self in doing major improvements inside the currency and Vital has joined to help of the board of advisors and I look the for other major announcements early 1st quarter....
Again this is our personal opinion and don't take any responsibility of any ones trades based on our explanation and or chart... Have and safe blessed and merry New Year and may 2022 be prosperous for all your trades.......................
China has raised its ugly head again making all kinds of demands and putting restrictions out, although they want their own coin....UK is the same, the banking system has cut down the currency but the want to build their own coin ..India has puts its 2 cents in and Pakistan which I learned has a big currency population so don't count them out.....
This has put us into a very oversold position on the 4 hour chart which we are using here.. we are at n the relative strength index RSI 30 ..at the time of this posting...and DOGE is at .1686.... therefore I know it has been said many times before we are not changing our opinion and still have a major buy recommendation while .32 is a double from here and at a $1.00 that almost 6x....
Now the coin its self in doing major improvements inside the currency and Vital has joined to help of the board of advisors and I look the for other major announcements early 1st quarter....
Again this is our personal opinion and don't take any responsibility of any ones trades based on our explanation and or chart... Have and safe blessed and merry New Year and may 2022 be prosperous for all your trades.......................
