CRYPTO ANALYSIS THAT WILL BLOW YOUR MIND
ALL OF THE SCENARIOS ARE POINTING TO EXACTLY 1 DIRECTION FOR #DOGS
We have identified 3 possible scenarios for DOGS. First, let's talk about the overall sentiment surroundings this token. Many wants to have this token's value to skyrocket. Which is pretty normal for how volatile the crypto market is. There are many who would rather risk it with memecoins instead of the the cryptocurrencies that have already established a reputable background in the market. Simple reason is the surrounding sentiment from everyone who wants to increase the total value of a specific memecoin and to take the 'chance' of a lifetime. We are not here to discuss this though. Instead, we are here to discuss the direction of this token in 3 specific scenarios.
The 1st scenario involves holding its current market price and retracing back to the Fibonacci levels 38.20%-50%. These levels are considered to be moderate levels for its correction. Hence, the reason why it's considered to be our 1st scenario, which would be tagged as most likely to happen.
As for the 2nd scenario. The probability of DOGS' price to move below the current support holding it is likely to happen. Since there are more traders hopping in the trend of DOGS. Everyone would surely want to get discounted prices and bring the price lower than its current price. Hence, it is safe to assume that the price may be lesser but it will bounce stronger for the demand will strengthen its momentum as well.
We are now at the last scenario. This scenario involves DOGS searching for a new support which could be below the supports highlighted in our analysis. Albeit, the more it tries to find another major support to hold it. Higher chances will be provided to increase its prices. However, we are also taking into account that the more it decreases. There may be a tendency for it to fully falloff. That's why, it's best to always observe this token and expect the unexpected.
TOTAL OVERVIEW OF WHAT BUYERS ARE THINKING ABOUT #DOGS
We have got some good results with DOGS for every scalp and day trade we have executed.
Right now, DOGS is still a highly anticipated token with high sentiments from memecoin lovers who are already hyping this token up. Thus, we have taken this factor as one of our basis for every entries we have made. The only time we can see DOGS entering a shift in the market is when it will take more than 5 rejections on a certain price. However, with its ongoing pressure, we might not see that anytime soon. As part of our risk management, we will only allocate NOT more than 2% of our capital to trade this token. For the strategy, we will keep on catching this token whenever we can see more discounts coming in.
EVERYONE IS SLEEPING ON THIS 1 TOKEN THAT WILL BE MASSIVE IN THE COMING YEARS!
If you're looking for tokens that still doesn't have their highest price until today. You're in the right place.
This token has experienced its price surge since last year up to this year. After the initial corrections has happened, this token's momentum has been halted. Experiencing from just a correction, it has earned a momentary decline. #INJ is now considered to be at its discounted price. Currently trading at 16.99, more upcoming discounts may happen below this key level. Most discounts will be likely at 12.25, 14.09 and slightly below these key levels. Right now, we're doing some intraday and scalp trades in order to take advantage of the fact that more buyers are still awaiting for this token's pump.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.