It's no secret I am a DOGE bull :D But I don't talk too much about low timeframes because the case for DOGE is on the macro chart. But there is an interesting pattern about it. It plays dead. So the idea is that it plays dead again for 1-2 months.
تعليق
⋅
The idea would be reacc with a spring. SHIB is also interesting here. It moves first?
تعليق
⋅
I don't think SHIB would explode before a month at least too. It would be probably like "Look it's nothing I'm crawling up but I'm so weak." for a long time.
تعليق
⋅
Retail is still excited about DOGE. You can see it. Nothing comes close.
تعليق
⋅
Maybe this time is different :D I think we should do this at least. Key point is it's clear that you better have some DOGE.
تعليق
⋅
Don't look at SHIB. It is so weak ;)
تعليق
⋅
Yeah yeah it's absolutely nothing man. It's immediately over after a solid explosive move.
تعليق
⋅
SHIB looks insane.
تعليق
⋅
DOGE LTF is being more unpredictable than I thought it'd be honest. Like I said in the description of this idea, the bull case is on the macro chart. And I can't see a bear case on it. This is pretty much it. If it does something that we can identify as significantly bearish, we can reconsider.
تعليق
⋅
You open up the weekly chart and say "OK this makes sense." You go lower than that and it's honestly chaos.
تعليق
⋅
If you ask me I'd still say we need a pullback and accumulate type of thing but again hard to predict.
تعليق
⋅
What if it keeps looking ugly like this? Idk.
تعليق
⋅
So I think all this probably means "No easy money." And that is perhaps a good thing for the coming months.