Answering questions from the comments😁
A few hours ago, I posted my chart analysis on Doge. Some of the questions in the comment section sparked my interest. So I'm thinking that it's best to answer them in a post
Here goes...
1. Is right now the best time to buy doge?
If you're trading in spot, the answer is a big yes. As I've said in my previous post the KDJ has spotted massive buy volume at 0.12, 0.17 and consequently 0.21. Those three buy points are strong signs that the present uptrend will continue upto 0.21.
Now, if you're trading in futures always make a long entry at a good 1H or 4H support. Oh, protect your capital, always put a 2% SL.
2. Will DOGE reach a dollar?
I tried to rewind the 1W chart, unfortunately for now, we have no signs that it'll be able to reach a dollar anytime soon. KDJ is also silent. But we will see, how doge will go as the present bull market goes on.
Ohh, if you've been reading my post lately and has found it helpfull, please FOLLOW me. I need 10k followers to be able to post a video. At times my hand is numb from typing😅.
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