im not advocating a doge position as this juncture, (but if you have bags, deposit to dump soon!), but doge/btc is actually an indicator for ltc/usd / ltc/btc and indirectly one for btc/usd, ltc/btc, eth/btc; i used to mine this garbage, ive met the egod (doge backwards); and the coin itself is something humorous (shout out to wolong, NASCAR, and the Jamaican bobsled team for much wow). But the coin itself, is complete garbage. the only reason its useful is its total supply; (117,459,461,521 and counting, its infinite really, no cap, it isn't finite). it's the same concept with TRON/ETH (or at the current moment, WAVE/ETH for example). These shitcoins/tokens are useful in the sense they serve only to pump their complementing pair (not to say you cant flip any shit token/coin for ETH/BTC profit; entry/exit is everything). I hope this gives you insight on using more than your traditional TA; every crypto market is manipulated, the volume is fake; altcoins are no different; if anything, less regulated, on exchanges that never close, with no regulation (yet); so expect stupid coins to 3-5x+ (but when u read/see them, your buying the exit point/top).
these next 2 weeks will see some wicked swift divergences across all the crypto markets, best of luck!
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.