- bullish bias on alligator
- closed above previous fractal triggering long entry
- SL = median line or previous bear fractal
long entries will continue to trigger with each successive bull fractal breach
SL levels will continue to move up (trailing stop) with each successive bear fractal
Bullish kumo breakout approaches on the DAILY chart. These signals usually only flip completely bullish or bearish about once a quarter or less historically. What follows is typically a multi-week or multi-month trend, historically.
Long Entry Signals Include:
1. Bullish Kumo Breakout - Price above Cloud
2. Bullish Kumo Twist - Green Cloud
3. Bullish TK Cross -...
Longest period of low volatility for $DOGE since trading began
BBands only ever this tight twice in history
$Doge is typically traded as an oscillator:
- oversold <25sats
- overbought >100 sats
watch for daily/weekly closes at 30-33 sats over the next few weeks for long entry signal
Head and Shoulders - Bearish Reversal Pattern
Take Profit: <$150
Stop Loss: $170
One-month parabola into the daily 200-EMA (or 2400-EMA on the two hour timeframe) comes to an end without significant pullback, thus far. However, a H&S has formed here, which looks better on some exchanges than others, but the pattern structure is clear. The...
inverted Cup and Handle
- structure looks real
- messy but descending volume profile
- RSI = 49, plenty of room for down
- MACD = flipping red soon for the first time since Jan
Target = 7.7k - 6.5k
- support at previous local high and local low likely, 8.8k and 7.7k, respectively
- yearly Pivot = 8k
- large support volume node at 6.5k
If real, will...
As the nine month range gets tighter, price is positioned for a move soon.
Prepare a trading plan before the move happens.
<6000? --> likely quick path ~4k
>7200? --> likely quick path to previous local highs, 8.4k, 10k, 11.4k
High TF bearish consolidation suggestive of bearish continuation.
This target would also break the longstanding descending triangle.
Stop entry <6140
SL = 6400
TP = 5000-5350
Previous resistance turned support from Sept and Oct of last year also at these TP levels.
C-Clamp suggests oversold conditions on 4h TF, can be thought of similarly to any divergence
Potential falling wedge mess w/descending vol profile and RSI bull divergence
SL < 6150
TP = Kijun > 6777.77