Hi all,
Looking at the chart of DOGE/BTC i've noticed a hidden bullish divergence on the weekly chart.
We can also see the price trying to find a bottom in this green bottoming zone. From previous history we can see price always coming down in this range and then when bottom is found we quickly rise till we reach the top of this cycle. For now we can tel this has all ready happend 5 times since 2014.
When these pumps happen they happen fast and are huge (300% gains), as for now we can maybe see the hidden divergence acting as a spark to set of this explosion. Stop loss can be the low from the previous weekly to minimise loss. If we go lower we can always buy lower (and lower is still -20% lower so worth the wait. But if the divergence plays out we might not come down lower.
What will happen no one knows, but i'm buying some extra doge cause lets be honest; I can resist that cute doggo face
#doge #muchmoney #muchwow #suchvalue #muchpump
Looking at the chart of DOGE/BTC i've noticed a hidden bullish divergence on the weekly chart.
We can also see the price trying to find a bottom in this green bottoming zone. From previous history we can see price always coming down in this range and then when bottom is found we quickly rise till we reach the top of this cycle. For now we can tel this has all ready happend 5 times since 2014.
When these pumps happen they happen fast and are huge (300% gains), as for now we can maybe see the hidden divergence acting as a spark to set of this explosion. Stop loss can be the low from the previous weekly to minimise loss. If we go lower we can always buy lower (and lower is still -20% lower so worth the wait. But if the divergence plays out we might not come down lower.
What will happen no one knows, but i'm buying some extra doge cause lets be honest; I can resist that cute doggo face
#doge #muchmoney #muchwow #suchvalue #muchpump
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