CryptoJC

DopeCoin (DOPE-BTC) continues bullish momentum

BITTREX:DOPEBTC   DopeCoin / Bitcoin
DopeCoin (DOPE - BTC             ) has seen some incredibly bullish momentum during the last two weeks. Most of the other so called “weed coins” have been performing great as well. A lot of news broke in december and this month, January, a lot of liberating weed legislation is being enrolled in many countries all over the world which is expected to keep the “weed coin” momentum up.

Recently DopeCoin has announced the implementation of a payment system within the weed industry and is also working on the first self-serve advertising platform for the marijuana industry. More info at their Twitter page: http://www.twitter.com/DopeCoinGold

After the latest peak a few days ago, DopeCoin, as most other “weed coins”, has been slowly retracing, also due to Bitcoin             ( BTC             ) price swings and uncertainty in the last days of December. Yesterday DopeCoins retracement ended at the 78.6% Fibonacci line, which aligned with the bullish trend line DOPE was following before the last pump and which DOPE is following again right now.

Possible upward breaks are expected to be found at the 61.8 or 50 percent Fibonacci lines. These could prove to be good entry points after break confirmation (before you buy check the price find supports above the break line).

Trade safe: entry only after break confirmation, monitor your trades, set (phone) alerts and stop loss orders in place.

1st target: 2690 satoshi
2nd target: 2975 satoshi
3rd target: 3550 satoshi

If you enjoy my work and make a good profit on my calls, please consider tipping me. Thank you!

Bitcoin             address: 13MJSpaqqpBm9JfqNUFt424CQZBF8TKHYa
Ethereum             address: 0x105e37a11abfcfa80ab51c00bc6837f65183af64
Kommentar: After publishing this chart analysis I noticed the green angle lines tend to move when the browser screen size is rescaled. This does not affect the original analysis, so if the green lines appear misaligned please ignore them :)
Trade ist aktiv: DopeCoin update: some 24 hours ago a sudden BTC bull run to 15500$ disturbed the market and made many alt coins dip, including DOPE.

Even though DopeCoins did not reach my indicated entry moment yet, some of you might already bought in, or are long term hodlers of DOPE.

The good news is that Dope's decline stopped at the 1200 support line, right above my indicated stop loss target. Dope is slowly recovering and it looks like it might very well be en route to resume the depicted trend (towards the dashed orange trend lines I have drawn as an alternative path).

My advice to those already in Dope is to keep on monitoring Dope's trend as well as BTC's trend and set close phone alerts and stop loss orders incase DOPE breaks trend again.

+++++++++++++

On a side note, I have made a Trade Signal sheet on Cappasity token (CAPP). Unfortunately CAPP is not on TradingView, but you can read up on the sheet at imgur: https://imgur.com/6LzrIBy
DopeCoin update: some 24 hours ago a sudden BTC bull run to 15500$ disturbed the market and made many alt coins dip, including DOPE.

Even though DopeCoins did not reach my indicated entry moment yet, some of you might already bought in, or are long term hodlers of DOPE.

The good news is that Dope's decline stopped at the 1200 support line, right above my indicated stop loss target. Dope is slowly recovering and it looks like it might very well be en route to resume the depicted trend (towards the dashed orange trend lines I have drawn as an alternative path).

My advice to those already in Dope is to keep on monitoring Dope's trend as well as BTC's trend and set close phone alerts and stop loss orders incase DOPE breaks trend again.

+++++++++++++

On a side note, I have made a Trade Signal sheet on Cappasity token (CAPP). Unfortunately CAPP is not on TradingView, but you can read up on the sheet at imgur: https://imgur.com/6LzrIBy
Antworten
thanks fort this ! i missed this one few days ago, this time is the good one :)
Antworten
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