abram2024

DOGE Coin H4 Analysis Week of 05.23.21

BINANCE:DOGEUSD   Dogecoin
The Doge still in bearish mode. My first Buy Limit orders were hit at 26c as posted in my previous analysis on May 9th. See link below

Now what is next for the Doge?
I mentioning before, the Doge was dropping without a parachute. I trusted my level so I bought. The bounced was expected from now on the Doge is trapped between two Daily and H4 zones, something to be concerned with. It will take a great effort to go thru them if it really wants to go to the moon.

The charts tells you a different story than the one advertised hype social media. I will buy more if Doge wants to revisit the 12c level. From there a consolidation is expected. The classic wait before the pay. Next move down could take Doge to 7c which stayed there for weeks.

Not an easy task specially when the crypto market is being attacked by a coordinated operation of the usual Big Boyz to buy at wholesale prices and control the game in the future stages. C'est le vie.

This is not a trading advice. Use your own judgment. They asked me what I am doing with my Doge, so here it is. Its barking out of the charts.

I appreciate your kind words of many TV users here specially CoolJ & Tina, asked me what I do to read charts like that. Well, Ive been reading charts, from all markets. for the last 4 years because I trust the charts more than the hype.

Check the ETH and BTC levels I am watching below

Stay Strong
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