Hi, folks!
This is a new update on this little champ.
DOGE currently painting a classic Ascending Triangle that came from the uptrend, which means we'll see a continuation of the rally.
Accumulation/distribution remained on the same level as it was at 0.007 even when price felt to 0.0050 which shows that coin being havily accumulated at any price and this is another confirmation of upcoming spike.
It may test 0.0055-0.0056 and if given, it will be a great opportunity to scoop the dip and get the coins with the lowest price that we'll see in the near future.
DOGE has a strong support at 0.0055 where it has daily EMA24 and 0.236 Fib.
Daily Ichimoku Cloud crossed up and turned green first time since February 2018 and this is a big deal that shouldn't be underlooked.
I'm looking up and buying every dip within this flag.
Good luck!
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
This is a new update on this little champ.
DOGE currently painting a classic Ascending Triangle that came from the uptrend, which means we'll see a continuation of the rally.
Accumulation/distribution remained on the same level as it was at 0.007 even when price felt to 0.0050 which shows that coin being havily accumulated at any price and this is another confirmation of upcoming spike.
It may test 0.0055-0.0056 and if given, it will be a great opportunity to scoop the dip and get the coins with the lowest price that we'll see in the near future.
DOGE has a strong support at 0.0055 where it has daily EMA24 and 0.236 Fib.
Daily Ichimoku Cloud crossed up and turned green first time since February 2018 and this is a big deal that shouldn't be underlooked.
I'm looking up and buying every dip within this flag.
Good luck!
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
Comment:
Tight stop loss needed because BTC trying to fall and pulling rest of the cryptos down. DOGE has been disconnected from BTC some time ago but seems like the synchronized again. Targets remain intact, but it's wise to have an SL under support line just in case.