DOGECOIN Technical Analysis | H4 Symmetrical Triangle | DOGE/BTC

in #dogecoin7 years ago (edited)

DogeCoin is proving to be a very fast, and stable crypto-currency. Its low transaction costs also add up to its utility value. I genuinely think that Litecoin and Dogecoin are serious alternatives to bitcoin as utility is concerned. Specially for retail businesses. It's far better to use Litecoins and Dogecoins at this point than Bitcoin since Bitcoin transaction speed and costs start to weight in.

Here we have a symmetrical triangle bound to see a breakout soon. I'm expecting an upside breakout however, due to the stability of this crypto we may not see the growth being as meteoric as some other alt-coins.
dogecoin.png

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