Good morning fellow crypto traders,
DOGE has been on a BULLISH momentum since April 10's bullish engulfing candle that created a breakout from my first outlined downward channel.
I entered right at 41 Sats and it has not dropped since. It looks very promising. However, I will keep a closer eye once I get close to my first resistance line at 71 Sats.
I will observe for a reversal pattern on a 4 hour chart. If it continues to be bullish, I will sell off on my second resistance line at around 80 Sats. MACD continues to be bullish and the
RSI is at 100, overbought. With my 2 resistance line stated, I should also remain vigilant with the volume. It appears that it is slowly going down. The bears might start to claw their way in soon.
Happy trading all!
Balanar
DOGE has been on a BULLISH momentum since April 10's bullish engulfing candle that created a breakout from my first outlined downward channel.
I entered right at 41 Sats and it has not dropped since. It looks very promising. However, I will keep a closer eye once I get close to my first resistance line at 71 Sats.
I will observe for a reversal pattern on a 4 hour chart. If it continues to be bullish, I will sell off on my second resistance line at around 80 Sats. MACD continues to be bullish and the
RSI is at 100, overbought. With my 2 resistance line stated, I should also remain vigilant with the volume. It appears that it is slowly going down. The bears might start to claw their way in soon.
Happy trading all!
Balanar