DOGE - Dictated by Market Sentiment
2024-09-06

Normal price setup is approaching a key level.

The yearly level needs to hold, or things could quickly turn bearish. I remain cautiously optimistic because this level presents a pivotal opportunity and is the lowest-risk entry available.

I'm not entering the trade right now as I’m risk-averse at the moment. It could be an optimal play, but #Bitcoin is still weaker than I’d like it to be.

This chart represents about 90% of what the Altcoin market looks like. If you’re overexposed, be prepared to act quickly or have hedges in place in case the situation flips.

Let's wait for the weekly close before making any moves on this and the rest of the Altcoins.