Sell All Your Dogecoin If This Happens, Says Crypto Analyst

Q: How long will it take to read this news story?

The story "Sell All Your Dogecoin If This Happens, Says Crypto Analyst" has 562 words across 70 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Sell All Your Dogecoin If This Happens, Says Crypto Analyst" was covered 2 days ago by NewsBTC, a news publisher based in United Kingdom.

Q: How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United Kingdom and publishes an average of 8 news stories per day. It's most recent story was published 9 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26708654</li><li>URL: https://chronographically.beamstart.com/news/sell-all-your-dogecoin-if-17412993764028</li></ul>

NewsBTC Logo NewsBTC 2d ago

Sell All Your Dogecoin If This Happens, Says Crypto Analyst - NewsBTC

Quick Summary:

Sun notes that "most coins have done this move so far,” and cites other altcoins such as ADA and HBAR, which have both halted around the 0.618 Fibonacci retracement or lower Related Reading: Dogecoin Breaks Above Falling Wedge Pattern – Analyst Sets $0.43 Target Charting Guy responded that he remains "open to the idea of it breaking” higher but equally open to "another rejection.” Should the price fail at $0.33 (0.702 Fib) or $0.43 (0.786 Fib) by late April, he confirms his plan to exit the market.

Crypto analyst Charting Guy (@ChartingGuy) has issued a cautionary note on Dogecoin, suggesting he will sell the meme coin if certain Fibonacci retracement levels fail to break in the coming months.

Charting Guy stresses that if DOGE "comes back and hits the 0.702 or 0.786 fib over the next few months and can’t break it,” he plans to "sell majority if not all of bag.” He adds that his personal thesis calls for a major top in late April or early May, regardless of whether prices reach $0.30, $0.40, or even $1.00.