DOGE/BTC Buy Order

in #bitcoin7 years ago

There was a very sick move on Poloniex where Doge spiked all the way down to 53. Bittrex had a smaller one and a couple small sites I trade on shown none of the flash movements. You expect those sick 50% crash moves that go back to where it came from on sites like C-Cex and not Poloniex and Bittrex. If they are going that deep, than I may as well play the 61.8% down correction at 39. You can make a case to try and get a better deal at 32 or lower because they can often pierce through these nicely.

However the bigger sites show that they want to sell it seems and if so I will not buy until it has a deeper pullback and it maybe like rolling the dice on which exchange may give you the order.

Derek

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Yup , play the down correction. I do it all the time. You know they fix the game.