Trade Recommendation: Dogecoin/Bitcoin

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The Aeron/Bitcoin pair (ARN/BTC) started its uptrend on January 3, 2018 when it broke above 0.000075 resistance. The breakout triggered the inverse head and shoulders reversal pattern on the daily chart. This attracted momentum traders and trend followers who helped ignite an unbelievable run. On January 5, the pair skyrocketed to 0.00063222. In two days, the pair grew by almost 743%!

At this price level, the market was in extreme overbought territory. Those who bought the breakout started to dump

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