DOGE Coin Could pump: Twitter X Trade
Read summaryIn this 2-minute video, the speaker discusses a potential bullish opportunity in Dogecoin. They point out that a bullish cross has occurred on the chart, similar to what has been observed on the weekly chart of Bitcoin (BTC). The speaker notes that Dogecoin has broken out above the 200 EMA (Exponential Moving Average) and above the cloud, indicating a bullish move. Moreover, the price has retested the top of the cloud and confirmed it as a support level, further supporting the bullish sentiment.
The speaker believes that this is a good trade opportunity, with a potential price movement of 20 to 31 percent. They mention taking a bit of risk management by placing a stop loss order below the 200 EMA, which helps limit potential losses.
For those interested in staying updated on the trade and being part of the community, the speaker recommends checking out the Side Hustle Club. They promise to provide market updates and similar trade opportunities.
Overall, the speaker is optimistic about the prospects of Dogecoin and encourages viewers to consider this potentially profitable trade.
Hide summary