I am neutral on DOGE currently and waiting for signs of an entry. 75% possibility of downward trend to continue to the next line or 25% for trend to reverse to the upside. I am looking at the current line that we are on, if the AO stays on top or drops below, and the bottom section of the CLOUD's movement. I have circled all areas of interest and will apply any updates that I see fit according to what they are doing. I am SHORT for now but will not short it because we are in a zone of uncertainty.
DOGE has always been a cycle coin and something which I expect to reach 200 soon. McAfees's tweet on it recently has slowed its current dip and will give the coin validity and momentum once this current downtrend reverses.
Although DOGE is sort of a meme, it can have fantastic value in internet tipping of very small amounts of money because of crazy low transaction costs. It is not out and will not be out of the game for a while.
I would encourage anyone to sell doge around 200 satoshi because it will most likely be the top of its cycle, returning it to around 20 satoshis.
DOGE has always been a cycle coin and something which I expect to reach 200 soon. McAfees's tweet on it recently has slowed its current dip and will give the coin validity and momentum once this current downtrend reverses.
Although DOGE is sort of a meme, it can have fantastic value in internet tipping of very small amounts of money because of crazy low transaction costs. It is not out and will not be out of the game for a while.
I would encourage anyone to sell doge around 200 satoshi because it will most likely be the top of its cycle, returning it to around 20 satoshis.