DOGE/USDT Secondary trend (part). A sideways area.

Logarithm. Time frame of 3 days. The sidewall is about 220%. Key levels to work with. From the descending channel (the whole secondary trend, red) price went sideways.

A line graph for clarity.

Bad.

The main trend chart shows everything. The price is at an inadequate profit level. At least -93% of the high price is about +2600% of the average accumulation price before pumping 2021.



Good.

1) Bad and good at the same time. Virtually the entire volume of coins is in "Ilon Musk's hands." Anything can be done with the price of the coin under such a monopoly.

2) An army of Twitter followers of the owner in the person of the same Ilon Musk, as before, can be directed at the right time with a few unpretentious posts.

3) It is quite likely that together with TWT the DOGE coin will somehow be usefully tied to Twitter, this will positively reflect on the price.

4) When Elon Musk starts his political career, it is very likely that this coin will have an inadequate price tag.


The main trend is DOGE-EGOD. Time frame 1 month.

DOGE/USD Main trend. Time frame 1 month. Cycles.

Comment:

+33% from reversal support zone 0.069 to sideways meridian 0.09 Time frame 3 days

Comment:

+44% from the reversal from the level 0.069. Local level zones to work on the chart.

Comment:

Work locally short from the level of 0.08416. At the moment -14% of the pump +44% Pivot zones on the chart.

Comment:

+16% from a breakout to the local level of 0.8416. Pullback. The fractal structure of the double bottom is observed.

Comment:

for clarity, a line chart of the price.

Comment:

Impulse to complete the formation of a double bottom exactly at the level of 0.10237 (0.010222) Fractal realization. From the reversal of the local trend (sideways) +40%.

Further development depends on fixing, (possible "saw") at this level (general situation on the market). Dates to pay attention to are known in advance (does not concern only this crypto coin HYIP).

Comment:

for 8 months a big descending wedge was formed in the horizontal channel. At the moment the price is at its resistance. Percentages to key support/resistance levels from this reversal zone are shown on the chart.

Set adequate local and medium-term goals trading on this HYIP meme coin. Do not forget to limit losses. It is clear that the patron Musk, tweeter (a huge amount of very stupid money) and so on, but at lows -93% of the highs, which is +2690% of the average accumulation price, local and medium-term targets should not be above the resistance of this horizontal channel. This is acceptable. In this trading situation on risk management, stop loss and take profit ratio has a good proportion. You cannot expect inadequate XXX from a cryptocurrency with large capitalization, which is "at the bottom" +2690%.

Trade closed: target reached:

first target taken about +30%

Trade active

Trade closed: target reached:

price reached the level of 0.10237, which is more than +50%. Now the pullback. With a high probability the price will reach the resistance level of the channel to 17 01, which is more than +144% of the reversal zone.

Trade active

Comment:

🟣Local trend.

During the bitcoin pump to $64,000, Musk's dog was similarly pummeled (liquidity) by about +50% from the reversal level after the local retracement of 6666 (yellow pale) 0.08869 to 0.12726 (internal liquidity channel resistance). From the major reversal level of 0.069 (yellow, bright, internal liquidity channel support zone) now the local profit is +96.97%. Price is now approximately at the values of the local high.


🟡 Secondary trend. Let me remind you that the price is sideways (horizontal channel) for 661 days at this moment in time.

🔵 In a global ascending channel.
💸 "A wrapper for the people", Musk, Twitter. Tesla. Lamborghini... Payments💰

Market maker. The geniuses of the speculative game. Impunity. Honest "communist-capitalist thoughts. Due to the redemption of almost all coins from the market on the DOGE pampa (artificial manipulation of supply/demand) "#mask" (wallets, which are known to everyone, and naturally untouched since that time) the price is currently at values of more than +2800% after correction -93% (norms for liquidity).

Similar pattern of dump/dump, and the beginning of price growth in a new bullish cycle on huge profits due to supply reduction as XRP, XLM, ETH, XEM (by cycle 3 conditional scam), XMR and other stories of 2017…. That is, the sideways zone acts as a conditional accumulation (continuation of "squeezing out the rest" of assets by the main group of manipulators (holders of the main volume), redistribution of assets, change of former big holders.

Trade closed: target reached:

price reached the resistance of the accumulation channel and the price slip zone above its 0.19 level. Over +130%.

Recall that from the reversal that is from the accumulation channel support, it is now about +200%.

Note the "Helicopter" 65/38% on liquidity picking with "doubt" and placing a 2 way stop loss at channel resistance. There is a possibility of marinating in this zone for a while. Then it is very likely that pumping will continue and a pump bowl will form. Now the price is at the cusp of the accumulation zone.

It is worth noting that this HYIP coin "for the people" Ilon Musk on a very large pumping, but almost all coins in the same hands "tesla-twitter". In the long run this is a very good thing. Buying teslas and lambas for meme coins.

With that volume of coins (percent of issue) locally, and medium term with the price, you can do anything positive/negative. But, in the future, still lamba cryptans will be able to buy for meme koins, as well as get freebie bonuses to support "the people" during Musk's election campaign. Fantasy? So be it...

Trade active