I can't hear Doge anymore so today something about Doge

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.

dodge daily.png

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.

6h doge .png

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

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I am not a financial advisor
nor is any content in this article presented
as financial advice. Never invest more
than what you can afford to lose.
This post is my personal opinion,
do your own research before making any investment decisions.
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6 comments
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i just crazy to think how doge has been mooning, and dipping again. saw some funny meme about how people on tweeter asking Elon to tweet about doge to rally the price up.

The power of Elon seems reaaly affecting doge comunity.

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crazy world we live in but since trump i guess the market needs tweets from influential guys
Screenshot_20210506_101001.jpg

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where to short? only found FTX-Exchange

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(Edited)

The trigger around 60 cent is working, i place a short to the lower trigger around 34 cent. If possible, i will bring my SL to break even and hope musk do not tweet anything.
doge neu.png

Source: Binance Future

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Oh Binance has a doge bear option

and hope musk do not tweet anything

😂 yes 🙈

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