Zman1175

DOGE - Trade of the Day : Possible Quick 3% Gain

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Zman1175 Uppdaterad   
BINANCE:DOGEUSD   Dogecoin
Nobody knows where the price DOGE is going, but the current indicators on the 15-minute chart are bullish.
The price is bouncing higher from support in the low .14 area.
The RSI recently broke past 40 & is heading for 50.
The MACD turned green on the histogram and the green MACD line recently broke above the red signal line.
The expectation is for the price to rise to the resistance zone at about .152 where profits can be taken.
An approximate 3% gain can probably be made within the day.
No guarantees of course.
Kommentera:
It took 2 days to hit the target of .152 on the morning of 4/10.
Not bad for 3% in 2 days. Some investors wait a whole year for a 3% dividend yield.
Short term trading is riskier of course, but with high risk comes high reward.
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