DOGE Ready for a Rally!

DOGE daily chart shows we are done with consolidation phase and may be ready for a rally.

MACD is moving into positive and stochastic is nice and strong. Load up your bags now!

İşlem aktif:

Looks like we are attempting to break above the .236 fib retracement at 53 sats. Depending on if we can keep the momentum or not, we might see a small correction down to the trend line before breaking above to the next level of resistance at 65 sats. Good luck!

İşlem aktif:

DOGE 4HR stochastic has crossed down and MACD looks to be following suit which means the rally is exhausted in the short term.

I took some profit and will wait for price to correct before buying back in. Will keep a close watch on it though because it could break out unexpectedly...

İşlem aktif:

I'm starting to buy back small amounts of DOGE when price dips to the trend line. We are in a falling wedge pattern and I think price will bounce off resistance and revisit the trend line around 52-53 sats before resuming the rally.

İşlem aktif:

Looks like we are at the resistance trend line at 60-61 sats and it doesn't seem like there is enough momentum to break through just yet. I bought some more DOGE at 57-58 and a little more at 60-61 in case we do break out. I also set a tight SL at 58 in case we drop back to the support trend line where we can buy in for even cheaper.

İşlem aktif:

We were able to push through the resistance trend line and it's acting as new support. MACD looks like it needs one more wave to gather strength before we see another move up. I've loaded up a bit more DOGE but still keeping my SL at 58 in case we drop below the new trend line.

İşlem aktif:

The last breakout didn't have enough momentum to continue and we dipped back down to 50-51 sats. Now we have some BIG volume and a swing upward to resistance. I adjusted my fib levels and trend lines to fit the chart a little better and it looks like we may have enough momentum to break above resistance soon.

İşlem aktif:

I stupidly sold a portion of my position at 49 sats thinking price would continue downwards, but we maintained support and daily chart looks ready for a bounce up.

Big news for DOGE is that it will be accepted as payment for accommodations during the FIFA World Cup starting next month in Russia, so load up your bags and watch the charts closely!