DOGE is Every Swing Trader's Wet Dream.

5 thg 2, 2021

DOGE is currently in low orbit. Notable resistances can be found at every penny increment and prices will be stuck in these ranges on its way up until it goes down at about 6 to 8 cents. Yes, DOGE can be mined at an insane rate with no supply cap and has low intrinsic value due to its status as a meme, but there is always some form of ignorant irrationality in crypto. These people will just hold. Originally on its way up, I called a resistance at 3 cents and it overshot it down to 2 cents. I believe it needs to double bottom at 2 cents in order to break that 6 cent ceiling. My long entry on the spot market is 2 - 2.5 cents with an acceptable loss down to 1.3 cents. In the mean time, while I wait for it to crash, the current volatility is just absolutely amazing. I've never seen a coin have such fervent activity.

I'm currently using my indicator to keep track of where the average price of DOGE is and refusing to buy above it and sell below it. This coin is very much alive right now and has good reason to be the obsession of every crypto day trader right now.

To the moon! ~Eventually