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Sunday, October 10, 2021

Doge - Buy when everyone stops talking about it!

Doge - Buy when everyone stops talking about it!

Dogecoin / US Dollar BITTREX:DOGEUSD

Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!

People are so focused on the hourly/ daily timeframe that they get emotional on every dip! Take a step back to the weekly/ monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!

You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling

Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!

Facts:
1. Bullish Pennant in the making? Need a confirmation breakout! Could even argue that it may be creating a "Falling Wedge?
2. Stochastic RSI - When we cross over bullish while over the 20 level, we 18x-268x in price! Will we cross again soon??
3. RSI - hasn't been this oversold since December of 2020!
4. When majority stops talking about Doge, that's when you buy! ;)

Buy Target: $0.20! (May not get hit!)

Sell Target:
Target 1 $1.35 (Corresponds to the 1.618 Fib)
Target 2 $2.09 (Corresponds to the 2.618 Fib)

"If you can't beat the fear, do it scared!"

"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.

"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet

"Show me the charts, and I'll tell you the news." - Bernard Baruch

"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."

"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"



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