Wriggleys

DOGE-BTC Update: Hype is over?

שורט
POLONIEX:DOGEBTC   Dogecoin / Bitcoin
5
The last big increase up to the maximum of 22-May-2017 seems to be over. The price now seems to settle in the same manner like in the other major increases that occurred in 09-2014 and 01-2016. If one looks at the overall doge-btc chart with 1Day candlesticks it can be observed that the increase periods with the following "crash" have a distinct shape. If I extrapolate this distinct shape, I get the red steadily decreasing trendline. Of course the major highs of 2014 and 2016 as well as 2015 may work as support.

Of course, this is only my opinion.
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.