Dogecoin
Short
Updated

The Hype is over?

Potential "Hype is over"// Bubble Chart
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snapshot small time frame view
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Im sorry for anybody who got lurked into buying a shitcoin like Dogecoin tho in case this scenraio plays out.

Also fuck Elon Musk for pretending Dogecoin had any real chance becoming a real currency.
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The only time i would recommend any trader to buy doge coin is the classic Doge/btc
"pump and dump" Support zone...
snapshot
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retest of my potential resistance curve happened lately. as long this holds my idea is still in play.
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adjusted support zone
snapshot theoretical nice swing trade idea, but dyor and i recommend using stop loss as doge is still overpriced at these prices. My idea is invalid in case we go above the curve.
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snapshot

second bearish scenario would be this, but this is even too bearish for a bear as me :D
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original idea got invalidatet. im propably still bearish on doge shortterm, altho not sure if the hype machine continues and we see 1USD for real. definitely wouldnt bet on a bullish case. will short at 1$ tho if it happens.

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