Monday, May 24, 2021

Doge Coin - Trade with Trajectory Lines



Doge coin has been plummeting since I posted in my Instagram and also on my blog. Many times I witnessed that it touched the trajectory lines, it indeed sprung up or tumbled. See those lines I drew in the 1 hour chart. Looking at the daily chart, I am alert now that should doge break below that imaginary line I drew, I expect to see more downside. The market theme now is mostly bitcoin and dogecoin where the media is constantly reporting on whales unloading positions and some whales buying low. I don't bother as I prefer to see the chart for answers and directions. 

Ronald K - Market Psychologist - A Stock Market Opportunist