Doge and always Doge

I have so far kept me out of this fun token but now something from me. In my opinion, this token is an example of the euphoria in the markets. The .com bubble probably happened in a similar way and created bizarre situations on the market.

Doge has formed a PG on the daily chart and has already tested the lower trigger. There is still an open PG at 34 cents and this could now become a target. If Elon Musk is seen by chance with a dog, then this could of course also be interpreted as a bullish trigger and shoot the market to the moon. Everything is possible here and the opposite of it.

The 6H chart shows a trend break today and that is always worth a look. The hedges of some market participants were probably shaved and there could still follow a lot. A 2 to 1 setup for a short I have drawn in times, this would then also be the retracement of the daily PG. On this time unit we have formed a smaler signal and we saw a breakout and a retracement.The retracement was just not achieved but that can still come. However, if we should now see bearish power again, then this is also a good starting point for a trade.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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