$DOGE - DOGECOIN ON A DAILY CHART UPDATE
5.23.21 1441H +8 PACIFIC
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS (NO INDICATORS)
STILL ON TARGET?
AFTER A CORRECTION at THE 0.618 FIB LEVEL.
IT PROCEEDED FURTHER DOWN 0.786 FI LEVEL.
UPDATE:
Looks like it will be a bigger AB=CD Pattern.
It can still meet the targeted initial AREAS OF VALUE.
No Strong bullish signal yet for the past few days
except for the one on May 20.
Still has to re-test .29-31 levels.
It would be best though,
if it is rejected again at levels .19-.21 levels.
Expecting a Doji Candle followed by a Bullish Candle.
I have included the 2 Indicators that
suggest a reversal anytime soon
and also acting as confluence to my Range Boxes.
Please do feel free to comment on my idea.
I would greatly appreciate it so as for me
to learn more. Thank You.
5.23.21 1441H +8 PACIFIC
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS (NO INDICATORS)
STILL ON TARGET?
AFTER A CORRECTION at THE 0.618 FIB LEVEL.
IT PROCEEDED FURTHER DOWN 0.786 FI LEVEL.
UPDATE:
Looks like it will be a bigger AB=CD Pattern.
It can still meet the targeted initial AREAS OF VALUE.
No Strong bullish signal yet for the past few days
except for the one on May 20.
Still has to re-test .29-31 levels.
It would be best though,
if it is rejected again at levels .19-.21 levels.
Expecting a Doji Candle followed by a Bullish Candle.
I have included the 2 Indicators that
suggest a reversal anytime soon
and also acting as confluence to my Range Boxes.
Please do feel free to comment on my idea.
I would greatly appreciate it so as for me
to learn more. Thank You.
Trade active:
TOUCH DOWN AT FIRST RE-TEST LEVEL
Trade active:
HERE IS ANOTHER CHART
Comment:
ON A RENKO with ICHIMOKU INDICATOR, Staying minimalist as possible
Comment:
POSTING A CHARTIST THAT I ADMIRE WHO IS INTO FIBS AS WELL. OPPOSITE OF MINIMALISM BUT, VERY DETAILED. I GUESS IT WILL ALL DEPEND ON A TRADERS PSYCHOLOGY. Anyway, here it is, I take this as confluence after working on my charts.
Comment:
Comment:
Looking at a Doji and some rejections to the downside. Slightly bullish for me. The countdown timer is still 20Hrs so let us wait patiently.
Comment:
I WANT TO SEE A RETEST OF THE LOWEST OR EVEN AT THE STRONG KEY LEVEL OF SUPPORT. (Last small Range Box)
Comment:
ON A 4 HOUR CHART, CONTRACTION GETTING WEAKER BUT, CAN STILL GO DOWN
Trade active:
STILL, NO SIGN OF THE BULLS TAKING CONTROL.
Comment:
THE SAME GOES FOR $BTC.
Comment:
Trade active:
ENTERING NOW $ DOGE PRICE ACTION IS DOING THE SAME AS $BTC
Any 3 entries within the ENTRY- AREA OF VALUE will be good. anything near the top or bottom of a small yellow range box or FIB correction levels. Remember tight stop loss though and BUY LIMIT ORDERS so as not to miss opportunities and minimize risks.
Please do Check out my $BTC ANALYSIS UPDATES since it is the Benchmark for all ALTS. REASONS FOR ENTRIES ARE EXPLAINED
WARNING:
This is not a piece of financial advice and is purely based on my personal trading psychology, risk appetite, and trading strategies that are applied in real-time.
Forecast of Areas of Value is purely based on the plausibility of what the market can do (corrections and retracements.) I am being trained as a minimalist and no use of indicators. To trade on what I see and forecast on what I think.
I do not short for the sake of THE DUMB-MONEY like me. I go for LONG SWINGS of an UPTREND.
Any 3 entries within the ENTRY- AREA OF VALUE will be good. anything near the top or bottom of a small yellow range box or FIB correction levels. Remember tight stop loss though and BUY LIMIT ORDERS so as not to miss opportunities and minimize risks.
Please do Check out my $BTC ANALYSIS UPDATES since it is the Benchmark for all ALTS. REASONS FOR ENTRIES ARE EXPLAINED
WARNING:
This is not a piece of financial advice and is purely based on my personal trading psychology, risk appetite, and trading strategies that are applied in real-time.
Forecast of Areas of Value is purely based on the plausibility of what the market can do (corrections and retracements.) I am being trained as a minimalist and no use of indicators. To trade on what I see and forecast on what I think.
I do not short for the sake of THE DUMB-MONEY like me. I go for LONG SWINGS of an UPTREND.
Trade active:
NEARING SECOND ENTRY FOR A LONG SWING
Anything can happen, These are just forecasts, assuming we have the right conditions in place for the next bull run.
What scares me most will be restrictions on exchanges following the US PipeLine Hack. $2M-$4M is too small for a hack and getting paid using CRYPTOS.
TRADE CAUTIOUSLY FELLOW TRADERS!
Anything can happen, These are just forecasts, assuming we have the right conditions in place for the next bull run.
What scares me most will be restrictions on exchanges following the US PipeLine Hack. $2M-$4M is too small for a hack and getting paid using CRYPTOS.
TRADE CAUTIOUSLY FELLOW TRADERS!
Trade active:
Moved to 4HR for zoomed-in Detail.
The market has not broken any of my targets yet. Range Boxes are intact.
Volume is low though even if it was trading at around 6M a few hours ago.
Accumulating for an uptrend or downtrend? LOL!
I'm prepared, Happy trading guys!
The market has not broken any of my targets yet. Range Boxes are intact.
Volume is low though even if it was trading at around 6M a few hours ago.
Accumulating for an uptrend or downtrend? LOL!
I'm prepared, Happy trading guys!
Comment:
BRR! $DOGE must dip again at the bottom of the large range box to give another chance of opportunity for "THE DUMB-MONEY" like me.
Vive la Revolution! LOL!
Vive la Revolution! LOL!
Trade active:
SPINNING TOP/HANGING MAN/DOJIs NEAR SUPPORT LOOKS GOOD AND BAD, DEPENDING ON A TRADER. LOL.
Trade active:
STILL BULLISH
