DOGEUSD
I see a lot of people on the group investing on different cryptocurrencies based on a nudge or following the trend and some may not know what to do!
Well looking at Doge Coin today!
From a 1HR perspective as well as a 4HR and a Daily perspective.
Doge Coin has experienced some good uptrend in the past!
Well we are currently at the Support Level on the chart @$0.052 and also experiencing a build up of prices at that support level (where investors are caught in dilemma of whether to push prices up or keep selling).
It’s safe to say that after a build up of prices we should be expecting a spike in volume either to the downside or to the upside!
But since we are already in an uptrend in the long term I’ll encourage we keep our eyes on the big picture and buy a little of this coin (the best time to buy is in the correction) but also keeping our minds open for the possibility of a continuing drop in price!
I advise that you should make your choices based on good reasoning rather than favored emotions and always remember to use a stop limit in case you’re wrong of your predictions.
Happy investing, y’all!!
I see a lot of people on the group investing on different cryptocurrencies based on a nudge or following the trend and some may not know what to do!
Well looking at Doge Coin today!
From a 1HR perspective as well as a 4HR and a Daily perspective.
Doge Coin has experienced some good uptrend in the past!
Well we are currently at the Support Level on the chart @$0.052 and also experiencing a build up of prices at that support level (where investors are caught in dilemma of whether to push prices up or keep selling).
It’s safe to say that after a build up of prices we should be expecting a spike in volume either to the downside or to the upside!
But since we are already in an uptrend in the long term I’ll encourage we keep our eyes on the big picture and buy a little of this coin (the best time to buy is in the correction) but also keeping our minds open for the possibility of a continuing drop in price!
I advise that you should make your choices based on good reasoning rather than favored emotions and always remember to use a stop limit in case you’re wrong of your predictions.
Happy investing, y’all!!