Smart Contracter says that Dogecoin on the Bitcoin chart has displayed an inverted head and shoulders (IHS) pattern for nearly a year.
“Contemplating simply putting the rest of my Bitcoin into Dogecoin for the next few months at least.
This DOGE/BTC chart most crazy bullish thing I’ve seen in a long time.
Almost a year-long IHS breakout that barely any people are even talking about.”
Dogecoin is trading at $0.075 at time of writing.
Earlier this week, Smart Contracter said that Dogecoin is close to breaking out to the upside on the Bitcoin chart.
“DOGE/BTC so close to breaking a 12-month+ inverse head and shoulder [pattern], having tested this trend line five times already.
When it eventually goes, I don’t think it will come back and give people another chance to get in.
It’s One of The best looking altcoin/Bitcoin charts out there in my opinion.”
“I’m stalking AAVE for an entry in the next day or two if I can snag some sub $76.
I think it has put in a significant higher low on [the] daily [time frame] and will head to $150+ in the coming month or two.”
Aave is trading at $83.65 at time of writing.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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