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Bullish
#Dogecoin
I have assessed that the market will decline, but honestly, I do not want it to drop dead like this. My condolences to everyone.
Well, in misfortune, there is fortune. The optimistic signals are still uncertain, but observing the chart, I noticed some quite noteworthy issues. Both $BTC , $ETH , and my beloved Doge have hit the important threshold of my Fibonacci chart.
What’s noteworthy is that while ETH and Doge hit the 0.5 ratio, Bitcoin has only just reached the upper threshold. Wow!!! Should we consider buying at this moment? It is entirely possible that Bitcoin could continue down to the 0.5 ratio. At that point, the worst will happen; the entire market, not just ETH and Doge, will flow down the waterfall.
However, if we miss the current moment to enter, it really shouldn’t be the case, as that could make us miss the train if it manages to swim against the red waterfall upwards. So if we buy now, we need to allocate capital according to each price threshold based on the Fibonacci ratio above. The next important thing is to observe the signs from the Bulls.
That is my assessment of Bitcoin, ETH, and Doge. I have not researched other coins.
Note: I am not an expert. All assessments are personal opinions.#bít coin☀️
I have assessed that the market will decline, but honestly, I do not want it to drop dead like this. My condolences to everyone.
Well, in misfortune, there is fortune. The optimistic signals are still uncertain, but observing the chart, I noticed some quite noteworthy issues. Both $BTC , $ETH , and my beloved Doge have hit the important threshold of my Fibonacci chart.
What’s noteworthy is that while ETH and Doge hit the 0.5 ratio, Bitcoin has only just reached the upper threshold. Wow!!! Should we consider buying at this moment? It is entirely possible that Bitcoin could continue down to the 0.5 ratio. At that point, the worst will happen; the entire market, not just ETH and Doge, will flow down the waterfall.
However, if we miss the current moment to enter, it really shouldn’t be the case, as that could make us miss the train if it manages to swim against the red waterfall upwards. So if we buy now, we need to allocate capital according to each price threshold based on the Fibonacci ratio above. The next important thing is to observe the signs from the Bulls.
That is my assessment of Bitcoin, ETH, and Doge. I have not researched other coins.
Note: I am not an expert. All assessments are personal opinions.#bít coin☀️
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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