Doge coin has huge potential - low risk if short term SL set at 35
Refer to chart below for detailed analysis by clicking on it
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I will point out that moving average does not look good at this stage and if anything it looks extremely bearish. This is a part from positive MACD and RSI
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If you want to play it safe, have Safe SL at 37 - everyone else can do 35 SL
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Reason we are looking at this trade even with bearish moving average is because indicators do not correctly represent or predict crypto currencies path. They are more of a stock market feature. I am not saying that indicators do not work, but in 40% - 60% of trades they are unnecessary due to false information
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Who believes in Doge?
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If you guys listened to us, we made you over 60% pure profit on this call
I'm waiting about a month or two before pulling the trigger. There are better options in the short term.
Maybe it will drop all the way down to 30 satoshis. Will be buying there if it drops that low.
Will see.
8650e2d414d244bf
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Hello CryptoManiac,
i am lookign for an altcoin to invest... do you think Dogecoins i will have profit if i hold them until the end of 2018 ? I have no knowledge on economics... though...
thanks for your comment and thoughts!
sofiafromgreece
lukapetrovic
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hi man,im also looking at this one,should we let it fall to low 30s and then get in some long positions?
CryptoManiac101
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@lukapetrovic, I would not enter this in short term - in long term I would buy
Maybe it will drop all the way down to 30 satoshis. Will be buying there if it drops that low.
Will see.