DODG getting frisky again. Adding here will add more if/when it breaks out of the triangle and can hold price for a day.
The short-term Regression Trend channel and the Macz-vwap indicator both showing that a significant low was likely recently reached for DODG. And now the price will likely rise fairly sharply.
I am putting in for a +30% gain to ~0.10 target price that coincides nicely with the top of the short term regression channel and with the highs from early 2023.
It is possible that DODG may double bottom here like it did in May 2022, but based on the sharp rise on the Stoch RSI indicator - I doubt it goes back down before a break-out to the upside. Just need some volume!
NFA!
The short-term Regression Trend channel and the Macz-vwap indicator both showing that a significant low was likely recently reached for DODG. And now the price will likely rise fairly sharply.
I am putting in for a +30% gain to ~0.10 target price that coincides nicely with the top of the short term regression channel and with the highs from early 2023.
It is possible that DODG may double bottom here like it did in May 2022, but based on the sharp rise on the Stoch RSI indicator - I doubt it goes back down before a break-out to the upside. Just need some volume!
NFA!
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Trade candled - on hold - as DODG didn't break out. Will watch for a potential double bottom formation. Macro environment is being a B*tch
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BUYING! NFA!
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Sold half @+25% - took about week longer than I thought.