Dogecoin ($DOGE ) is worth keeping an eye on, since it’s rebounding along with BTC amid the volatility. It fell during this downturn and is keeping up with the rebound, which means it’s clearly being controlled by market makers.
Some people say it looks really weak, and I just don’t get it. Of course it looks weak while it’s moving sideways. But when it really breaks out, do you think you’ll still be able to catch up? By then, it could shoot up, and you might not dare to get in—or you might not get the chance at all.
So right now, near the trend line, is a great opportunity to enter. Just set a stop-loss, and the risk-reward ratio is still very favorable.
Some people say it looks really weak, and I just don’t get it. Of course it looks weak while it’s moving sideways. But when it really breaks out, do you think you’ll still be able to catch up? By then, it could shoot up, and you might not dare to get in—or you might not get the chance at all.
So right now, near the trend line, is a great opportunity to enter. Just set a stop-loss, and the risk-reward ratio is still very favorable.
