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dgtrd
May 11, 2021 12:46 PM

DOGE Extremely Greedy  Short

Dogecoin / TetherUSBinance

Description

A quick analysis with Elliott Wave : possibility of a deeper pullback till the monthly Central Pivot Range details on charts








Trade closed: target reached

Comment

the thing that makes me concerned that the latest sharp move may require a longer correction and we may experience a retest of the latest low even lower before any bullish move

here are some observations
morning star pattern can be used as a visual sign for the start of a trend reversal from bearish to bullish
volume is not really contributing to the pattern formation
falling wedge pattern can occur just as the trend makes its final downward move



if the price is able to breach cpr levels, then we may experience a move higher (but not ATH) then reverse to complete Elliott Wave double correction, otherwise we can experience further move down if the formation is impulsive 5 waves

oscillators are positive for time being, adx falling and positive directional index increasing. Ichimoku could can be a potential resistance



analysis provided herein is not a financial advice
Comments
Blasik
Technical Analysis does not matter when you have Elon Pumping this every time it tries to dip below 0.50
ezpi
Yea! Go Go Degens!
Ape Ape and buy more of this shitcoin that we litecoin miners get for free!
Infinite inflation, unlimited supply cap - as long as you degen r-tards keep buying it will never end! You could also just wire me your money, it might be easier....buying DOGE is the exact same thing anyway...
Make us rich you uckers!
ESEC21
@ezpi, You sound like you bought LTC at ATH, and now you're stuck. Keep cool, LTC and DOGE are still going to go higher. Don't get mad, just HODL, and don't forget to breathe and remain calm.
ezpi
@ESEC21, lol scrub.
I bought my LTC at $20-40 and its a very small bag for me.
I'm a BTC and ETH whale.
You have no idea what youre talking about. In so many ways. Dont be mad kiddo.
Facts are facts, whether degens want to admit them or not.
I made an avg 18k per day off you DOGE degens in the pump months, and im still raking it in while all of you are dumb enough to buy this shitcoin.
I am giving fair warning to people who are intelligent enough to understand the facts and mature enough to admit them.
DOGE is an endless ponzischeme that will never end. Everyone mining litecoin generates 10k DOGE per BLOCK for FREE....and youre the one buying...
ESEC21
@ezpi, So...you're lying then...lol
ezpi
@ESEC21, thats what degens tell themselves when someone brings them truth they cannot accept.
Not my problem. My message isnt for you then. You fail.
...and posting on a thread thats over 3 months old....
ESEC21
@ezpi, I fail? Relax, keep getting rich. If you’re telling the truth then keep doing you.
efficientEnthu87704
Its not true
UnknownUnicorn19200164
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