Long

MY MINIMALIST CHART ANALYSIS FOR BRR! $DOGE

Updated

- DOGE ON A DAILY CHART
5.10.21 0745H +8 PACIFIC

ARF! ARF?
WILL THE DOG BOUNCE TWICE AT FIB 1.618 FOR ANOTHER RALLY?
SHOULD I TOP-UP?

Note:
Run your Fibs at the top and bottom of
the big and small range boxes together
with your chart for your target exits and
stop-loss.

This is not a piece of financial advice.
I am just a student and still learning.

Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.

Postings are done most of the time will be
delayed, as it takes time for me to finish
on several assets.

Updates will be posted religiously if time
permits.

Note

FIB EXTENSION FOR PROBABLE EXIT FULL/PARTIAL Depending on price action as it bounces the correction zone.

Trade active

MY ANALYSIS

I have not checked the data on token metrics., but on a daily chart, a bear tail has formed (huge Drop-in Price but manages to close high at a strong support level of 0.382 of a correction.

This happens when the big players will short a stock and take out all the FOMO buyers and those who PANIC.
This is a tactical strategy of the BIG Players A.K.A. SMART MONEY.

Eventually, prices will fall to their advantage, and they will buy low in time for buyers to jump in after Mr. MUSK would say something about the DOG.

They played it safe this time and waited for Mr. Musk to say something about the dog which, by all accounts would spike up the price.

It pays to know The Market Dynamics and Trading Psychology.

Mr. Musk so loves the idea of the equal distribution of wealth (EGALITARIANISM).
Power to the People, Power for The Dumb Money, Outsmarting the smart money!

may even power The Economy of The Musk Empire! LOL!

cryptopolitan.com/spacex-enables-dogecoin-payment/
zycrypto.com/over-20-billion-wiped-off-dogecoin-market-after-elon-musks-snl-performance/?fbclid=IwAR1QDgxSi8oK5UF_bXlol3Wf_EFEQnPRaF0jzRD3bE1yVzOxAZvahfD9aUY

Trade active

ON A 1 HOUR CHART
SORRY ABOUT THE SHORT, What I meant was did their HFT algorithm partially closed positions amounting to percentage gains prior to correction?

We can see that the bulls came in strong to defend their position.

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- DOGE ON A DAILY CHART
5.11.21 0431H +8 PACIFIC

MY PRACTICE MINIMALIST ANALYSIS

AB=CD PATTERN FORMATION?

Note:
Run your Fibs at the top and bottom of
the big and small range boxes together
with your chart for your target exits and
stop-loss.

This is not a piece of financial advice.
I am just a student and still learning.

Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.

Caution, Trade what you see and not
in what you think.

Postings are done most of the time will be
delayed, as it takes time for me to finish
on several assets.

Updates will be posted religiously if time
permits.

Note

- DOGE ON A DAILY CHART
5.11.21 0854H +8 PACIFIC

MY PRACTICE MINIMALIST ANALYSIS

NOW it is looking like an AB=CD PATTERN FORMATION...

The bar closed and here we have
the candlestick that is turning out to be bullish.

We had a 2nd rejection halfway through
the measured move Fib Level 1.618, That
has also become a key support area of a GAP.

23Hours to go on my countdown timer.

My training tells me to make an entry now
and put a slight stop-loss slightly below
the KEY SUPPORT AREA OF A GAP (Yellow Box.)

Note:
Run your Fibs at the top and bottom of
the big and small range boxes together
with your chart for your target exits and
stop-loss.

This is not a piece of financial advice.
I am just a student and still learning.

Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.

Caution, Trade what you see and not
in what you think.

Postings are done most of the time will be
delayed, as it takes time for me to finish
on several assets.

Updates will be posted religiously if time
permits.

Trade active

WE NOW HAVE A BULLISH CANDLE FORMATION

Trade active

The_Crypto_Samurai

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