DOGE 12h Will it be possible to buy 10 times cheaper?
We believe that our previous idea for the DOGEUSDT pair worked out, because after fixing the price above $0.36, growth continued to $0.74 (our goal was $0.80)
Unfortunately or fortunately, the price of DOGE reacts very actively to manipulative tweets and after them, the price either rises sharply or falls no less.
We have built a dynamic Fibo channel, along which the DOGEUSD price moves smartly, and based on it, we can assume the future price movement.
Below we will give a few facts, and already in the comments, we will be able to discuss them and reach some kind of consensus on where the price should move.
1) Now the price of DOGEUSDT is at the critical level of $0.63. Fixing the price above it will open the way to the targets of $1.00-1.16
2) The price behavior is weak and if there will no news that pushes it up, then the DOGECOIN price can easily fall by $0.15 from where the fall was aggressively bought back a month ago. Moreover, in general, the cryptocurrency market is ready for a global correction.
3) Looking at the DOGEUSD chart, globally the level of $0.15 has no force behind it. A more or less liquidity zone starts in the $0.06-0.082 zone, which is as much as -90% of the absolute maximum at the moment.
4) The real liquidity and longs for the recent bull run were accumulated within 2 months in the area of $0.044-0.060. Therefore, a drop in the DOGE price even to $0.082 for large wallets will still bring x2. Although we think that those who organized this manipulative bull run for DOGECOIN have already sold their coins on the highs at the expense of traders who bought on the highs believing in the news that the growth will never stop. These newbies make the same mistake that their predecessors made in 2017-2018, studying the history of crypto behavior before making trading decisions.
5) We think that large investors will not mind buying DOGE again, but 10 times cheaper than the current price.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Unfortunately or fortunately, the price of DOGE reacts very actively to manipulative tweets and after them, the price either rises sharply or falls no less.
We have built a dynamic Fibo channel, along which the DOGEUSD price moves smartly, and based on it, we can assume the future price movement.
Below we will give a few facts, and already in the comments, we will be able to discuss them and reach some kind of consensus on where the price should move.
1) Now the price of DOGEUSDT is at the critical level of $0.63. Fixing the price above it will open the way to the targets of $1.00-1.16
2) The price behavior is weak and if there will no news that pushes it up, then the DOGECOIN price can easily fall by $0.15 from where the fall was aggressively bought back a month ago. Moreover, in general, the cryptocurrency market is ready for a global correction.
3) Looking at the DOGEUSD chart, globally the level of $0.15 has no force behind it. A more or less liquidity zone starts in the $0.06-0.082 zone, which is as much as -90% of the absolute maximum at the moment.
4) The real liquidity and longs for the recent bull run were accumulated within 2 months in the area of $0.044-0.060. Therefore, a drop in the DOGE price even to $0.082 for large wallets will still bring x2. Although we think that those who organized this manipulative bull run for DOGECOIN have already sold their coins on the highs at the expense of traders who bought on the highs believing in the news that the growth will never stop. These newbies make the same mistake that their predecessors made in 2017-2018, studying the history of crypto behavior before making trading decisions.
5) We think that large investors will not mind buying DOGE again, but 10 times cheaper than the current price.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
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okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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