I will never understand why people are always trading based of sentiment rather of technical analysis... Dogecoin as well as most cryptos in the market, are dependant of the BTC price, and bitcoin is falling down. The most basic approach of trading in any market, whether it is cryptocurrency or stocks, is to set the buy triggers when the volatility goes overboard. The fear is prevailing in the Dogecoin market that will subsequently lead to a substantial price drop. For those traders who already acquired a position, the time has come to elaborate on an exit strategy since high volatility combined with fearful sentiment generally results in a sizable price drop.
Agree you idea!