Dogecoin Daily, A Closer View · Next Target, How To Trade & More

483
Yesterday Dogecoin moved above EMA89, a major long-term moving average. Definitely bullish confirmed. We are giving Dogecoin a closer look because the other chart was based on the long long-term, the weekly timeframe. With this one, we will know exactly what happens next.

Today, DOGEUSDT is moving above EMA233 and this one is super long-term. Immediate resistance is found at 0.21300 but this is likely to break right away, always allowing for a few days of fluctuation because the market never moves straight down nor straight up. It fluctuates creating waves.

The next target after this one is 0.26500 followed by 0.34900. These can be hit short-term. In the coming weeks and days. After this one, we will aim at the last high which happened December 2024, now already a long-time ago.

The altcoins market is bullish but this bullishness is very early, it is only getting started. The market will be bullish for such a prolonged period of time that you will get used to seeing bullish action and at one point will become comfortable seeing your profits grow. When this happens, stay alert and make sure to secure some wins on the way up.

Do not chase rising pairs, buy those trading near support. Buy and hold.
This is the best strategy for maximum profits. Also, if you catch a winner, let it ride long-term. This also produces bigger profits in the end vs selling and trying to catch the retrace to buy again. It is better to buy big when prices are low and hold long-term. Only secure some profits when you are really high up, after 2-3 months. And of course, when the time for the new all-time highs is close, that's the time to close all positions.

Thanks a lot for your continued support.

Namaste.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.