DOGEBTC trade ideas
Sell Dogecoin to get Bitcoin!!!Ok, right now, if you look, Dogecoin it's look bearsih in this par DOGE/BTC ratio. So, that mean if you see, Bitcoin it's strenghten and if you invest in Dogecoin, you can to sell your Dogecoin to conserve your Bitcoin power, and then, you can to buy Dogecoin when down to 500 satoshi. This it's your way if you want to accumulate more Dogecoins.
s3.tradingview.com
And this it's the 3 Daily timeframe and based in my opinion, I know when Bitcoin vs. Altcoins are up and altcoins suffer in front of Bitcoin for your investment in cryptocurrencies.
#DOGE, 20% on the daily... #DOGE
New 12H Buy signal by the UCTS indicator (1st since April that lead to a 10x)
Pushed above ~1k sats on increasing Vol based on the Coinbase listing news
~20% on the current market status is quite good tbh
Anyway, willing to let it run & see if it can go for the ATH
$DOGE
DogeBTC bullish PennantHey all,
DogeBtC now is situated into a bullish pennant which can lead Doge for a massive breakout.This is a powerfull continuation pattern.You can entry on this trade ONLY after a succesfully breakout from this channel and a succesfully RETEST of the upper line.
The possible target is 1180 sats and 1600
Personally i will not enter in this trade because in my opinion Doge it s too overvalued and the BTC dominance when will increase doge will plummet hard
After a succesfully breakout i will short this coin ,keep your eyes on this coin.
If the breakout and retest will happen ,this coin will take the first target
Tehnically:
-The pennant is a bullish pattern
-Macd sell volume slowing down which is a bull signal
-stochastic bullish
-rsi situated into a falling wedge which is bullish
Bear signal
-BTCUSD Long positions it s too high(check my previous TA on BTC)
-BTC dominance RsI on weekly too low
Personal strategy:I m waiting the breakout and after i will short doge
DOGE fib time zone fits pretty wellI have a hard time to decide between bullish and bearish attitudes, but it seams that the next extremity might be at 15. Roughly coincides with the next top predicted by www.lookintobitcoin.com
I generally noticed a sentiment that says that the alt season is over. However, history indicates that alt seasons tend to be longer than a couple of months. I am holding half of my doge and having the other half ready ti be dropped at a certain stop-limit.