Dogecoin Cup and Handle
Updated
****See my previous Dogecoin idea "My Doge Dream" and be sure to push the blue play button on the right side of the chart to see how my original call for a Doge Cup and Handle has played out.****
On the 4hr chart Doge seems to have formed a cup, so I'll be watching to see if a handle develops. If we do get a move down to form a handle then a break of the handle or the neckline could be a good long opportunity. I'll be looking for Doge to find support somewhere in the .786 to .618 range. If we move down below the .5 Fib of the cup and handle measured move then I would consider the formation undeveloped or invalid.
If we get a break of the neckline after the handle forms then my target for Doge will be about $0.12.
I'll be hiding in the bushes and watching to see what happens with Doge.
Owhooooo!
On the 4hr chart Doge seems to have formed a cup, so I'll be watching to see if a handle develops. If we do get a move down to form a handle then a break of the handle or the neckline could be a good long opportunity. I'll be looking for Doge to find support somewhere in the .786 to .618 range. If we move down below the .5 Fib of the cup and handle measured move then I would consider the formation undeveloped or invalid.
If we get a break of the neckline after the handle forms then my target for Doge will be about $0.12.
I'll be hiding in the bushes and watching to see what happens with Doge.
Owhooooo!
Note
When are you taking profits? Owhooooo! Note
I'm seeing another one...maybe I'm staring at charts too much. Owhooooo!Note
That's the 30min, so we will see.Note
Maybe...Note
Note
Looking at the 4hr like this now. Owhooooo!Note
Been waiting so long....Owhooooo!
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