On the chart you'll see several moving average lines. To keep it simple, the red line that's slightly above the candles is about to show support again. The last time this happened was in December, where a price spike commenced to over 100 sats!! Everyone loves DOGE and especially cause it can give great returns a few times a year. Not going to speculate when exactly this move will happen hence why i'm long. This is a buy and hold move but one that always pays off if you're patient!
Trade ist aktiv:
Moved up 4 sats since post, that's major considering the volume is so low. Still excellent time to buy. What I like to do is take whatever amount of coins I have and make a mock sale at my target price. Had you invested 1 bitcoin at 60 sats, that 4 sat movement would net you $500+ USD! if you cashed out of course, imagine a 20+ sat movement?!
Kommentar:
I've cashed in/out about 4 times since this up trend started to a high of 79 sats! Still active currently too. Volume on Bittrex has declined some but i'm not worried! we were making money when volume was only 200BTC :) Cheers to all of you that listened to me and have fuller wallets becuase of it!
Trade wurde manuell geschlossen:
Just now closed my position as it was a slight loss at the moment. If you are a hodler need not worry I guess. But for the swing traders It's very possible a retrace to 65 may be coming in next days before the 100+ sat run. Volume down on bittrex 200btc so keep an eye on it. I make my predictions based on past chart movement and current sentiment of the market as a whole. Things are VERY positive overall right now. New money coming in and old money growing, we're at the beginning of even more market growth. Stay vigilant guys and may your trades be GREEN :)
Trade ist aktiv:
Thought it would take longer to correct downwards but I guess not! hit 65 support line like i thought it might so I got back in around then and essentially zeroed out my loss by doing so. RSI is oversold and MACD is making a sharp cross. My other MA lines are showing positive movement as well.
Thought it would take longer to correct downwards but I guess not! hit 65 support line like i thought it might so I got back in around then and essentially zeroed out my loss by doing so. RSI is oversold and MACD is making a sharp cross. My other MA lines are showing positive movement as well.