$DOGE The daily chart has posted losses for five straight days. Generally, there are three things to consider:
1) How big is the drop? -18.08% is substantial, and a rebound after a steep decline could come at any time;
2) Has the losing streak been broken today? It’s currently down -2.02%, so not yet;
3) What’s the volume like on the day it breaks? A bullish candle on increased volume is more convincing than one on lower volume.
If it were you, would you buy now or wait a little longer?
#DOGE
1) How big is the drop? -18.08% is substantial, and a rebound after a steep decline could come at any time;
2) Has the losing streak been broken today? It’s currently down -2.02%, so not yet;
3) What’s the volume like on the day it breaks? A bullish candle on increased volume is more convincing than one on lower volume.
If it were you, would you buy now or wait a little longer?
#DOGE
