Dogecoin - This Is Still Just The Beginning!

Dogecoin (DOGEUSD) is still in its early stages:

Click chart above to see the detailed analysis👆🏻

Although Dogecoin already rallied more than +350% after breaking out of the triangle pattern, this still just seems to be the beginning of the next major bullrun. A conservative approach would indicate a +9.000% rally, but the first primary target is still the previous all time high.

Levels to watch: $0.7, $5.0

Keep your long term vision,
Philip (BasicTrading)

交易進行

Trading update on Dogecoin (DOGEUSD):

Click chart above to see the detailed analysis👆🏻

Tomorrow we will finally see the monthly candle closing on Dogecoin and this breakout move of +160% is simply an indication that we will see a lot more upside. Just look at the previous cycles - they all started with a major breakout and ended with many more green candles over the following months.

Levels to watch: $0.5, $0.7

Keep your long term vision,
Philip (BasicTrading)

交易結束：目標達成

Trading update on Dogecoin (DOGEUSD):

Click chart above to see the detailed analysis👆🏻

It was actually quite expected that we see some short term profit taking on Dogecoin after the incredible rally of +400% over the past couple of weeks. Just look at what happened back in 2017 - we saw the first pump, then a consolidation and profit taking phase before we saw the finaly blow towards the upside.

Levels to watch: $0.5, $0.7

Keep your long term vision,
Philip (BasicTrading)