DOGE falling wedge

[Anonymous No.27295543]

DOGE just formed falling wedge pattern on 15m chart, 7c price target
we're at the very bottom of the wedge right now, I took the trade already but if you're more cautious you might tant to wait for breakout (and possibly a backtest) above sloping resistance
looks very strong to me and so far TA is being respected (breakout this morning happened after inverse H&S pattern and bullish gartley completed on high volume)
also Elon stream at 10PM LA time (in 5 hours), he will answer questions from the live chat and DOGE will come up for sure possibly providing the catalyst for a pump

[Anonymous No.27295635]

you think doge follows any kind of TA? its a memecoin, dumbass

[Anonymous No.27295664]

>>27295543
it looks like multiple cryptos just made this same move

[Anonymous No.27295665]

>>27295543
based

[Anonymous No.27295839]

>>27295635
TA is just numerical representation of traders' emotions
when asset has 0 fundamentals like DOGE and there is no news driven catalyst to disturb the price action TA is being followed usually
DOGE was very good for TA traders like me recently, it didn't follow any pattern before mid-2020 but then it started to consolidate after pumps and now is basically a swing trader's heaven

[Anonymous No.27296244]

>>27295543
one more thing to pay attention to is how MACD lost all the negative momentum and is about to go green for the first time in over 24 hours
rising volume and RSI is no longer overbought

[Anonymous No.27296976]

>>27295543
DOGE officially broke out of the falling wedge now on rising volume, cautious traders might wait for possible backtest at 3.6c to enter but it might not happen if the momentum keeps up
MACD going green on 15 min chart and 4h chart

[Anonymous No.27297128]

>>27295543
wow sir! very goud sir I will pump your bag..i will tell others sirs to do such as well! thank you heartilly!

[Anonymous No.27297394]

Is this legit

Could be huge with the weekday pump with funds clearing

[Anonymous No.27297761]

>>27296244
?

[Anonymous No.27298431]

can someone explain this to a retard like me

[Anonymous No.27298664]

>>27297761
negative momentum waned and soon positive momentum should start building up
right now 3.6c backrest is happening, the longer price stays above this level the higher chance for upside break is

[Anonymous No.27298750]

>>27295635
You think your mother follows my cock with her mouth???

[Anonymous No.27298752]

>>27298431
it means you buy, i sell

[Anonymous No.27298811]

This thing just found a new bottom again, it's still got room to pump.

[Anonymous No.27298943]

>>27298752
are you implying /biz has enough firepower to pump a coin as big as DOGE? i'm not shilling my bags, bought in at 3.4c bottom of the wedge 30 minutes ago and I'm already in profit
just trying to discuss a trade setup

[Anonymous No.27299063]

Musk is gonna be shilling DOGE on livestream in 4 hours boys. Check his twitter. Prepare for the pump

[Anonymous No.27299520]

>>27299063
this cant be real

[Anonymous No.27299683]

>>27299520
its not. the real tweet says "LA time"

[Anonymous No.27300761]

>>27299520

It's real if you want it to be

[Anonymous No.27300795]

>>27299063
he will be answering live quesitos from the crowd, he doesn't need to shill it - it's enough someone even asks him about DOGE and his tweets lol
anyways, I trade the chart, additional catalyst like that helps but so far we have a confirmed breakout, backtest of the falling wedge sloping resistance as support (now confirmed after 3.6 held and we're on track for that 7c target
trade going well so far

[Anonymous No.27300845]

>>27295543
میم خوب

[Anonymous No.27301156]

>>27297394
Ye thats what I'm in on

[Anonymous No.27301452]

>>27295543
did the exact same thing last time when it was dumped hard, on friday morning. it formed a bull pennant but instead of pumping, it dumped hard lmao

[Anonymous No.27301579]

>>27295839
>No news driven catalyst
Are you really that fucking retarded? It's a celebrity tweet driven coin

[Anonymous No.27301713]

>>27295543
All your mumbo jumbo is racist white privilege talk, cracker.

[Anonymous No.27302317]

>>27301452
it's not a real bull pennant until it breaks to the upside, this one didn't nobody with real TA knowledge would take a trade there (not without a very tight stop loss right below entry at least), what looked like a pennant was actually part of a broader bullish gartley
this falling wedge did break to the upside though so trade is active
with recent unfavorable BT price movement we might see bots dumping alts and possible 3.6c retest could happen before we see higher prices

[Anonymous No.27302445]

>>27301579
that just plays on emotions though, doesn't add or take away any real value like shitty product launch or good earnings would