Bitcoin_Emir
@t_Bitcoin_Emir
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DOG trade setup Bear pennant Entry at breakout (wait for retest most fakeouts fail here) Look for increased volume. Target $0.0017 (take partial profits on its way down) Price above $0.002 (flagpole) makes the trade invalid.
DOG remains in a downtrend, with the Death Cross still signaling bearish momentum. Social media activity around DOG is low, and investor sentiment is weak. The community is eager for concrete developments, such as a Tier-1 exchange listing, to boost confidence. This negative sentiment isn’t exclusive to DOG—the entire crypto market is struggling. Bitcoin, despite some optimism on X, failed to break $118K and is now declining. If you expect Bitcoin to reach $150K–$180K, it may first drop to $100K–$95K, pulling altcoins like DOG down further. If DOG falls below the key support level of 0.0018, it could slide to 0.001, creating a potential buying opportunity for spot purchases or long positions in futures. Target take-profit levels at 0.0025, 0.0035, and 0.0055. From there, evaluate whether DOG has the momentum to aim for a new all-time high. Rumors of a Coinbase listing are circulating, but tokens like SPX, with only $1M in volume on Coinbase, suggest limited impact. A Binance listing would drive significant volume, but DOG lacks the funds for it currently. There’s speculation that C2 Blockchain might cover these costs, but this is unconfirmed. With the broader market facing downward pressure, approach DOG cautiously. Entry: 0.0015 - 0.001 SL: 0.0005 - 0.00075 TP1: 0.0025 TP2: 0.0035 TP3: 0.0055
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