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Technical analysis by HeWhoMustNotBeNamed about Symbol DOGE: Buy recommendation (1/13/2022)

https://sahmeto.com/message/2740903
HeWhoMustNotBeNamed
HeWhoMustNotBeNamed
Rank: 12234
1.5
Buy،Technical،HeWhoMustNotBeNamed

Daily Chart - Bullish Sentiment Broken resistance Broken declining pivot high trendline Bullish Gartley pattern setup - but already have run up to target 1https://www.tradingview.com/x/dNddBuxs/Hourly Chart - Mildly bearish sentiment Seems to be rejecting under horizontal resistance High volume on previous extreme candle - may signify temporary exhaustion Bearish Harmonic Patterns in play Support ahead from both trend lines and horizontal support level.https://www.tradingview.com/x/9qBTkGLt/Trading planShort position followed by long position as shown in the chart below.https://www.tradingview.com/x/GyVsruFi/You can skip short position and just place a limit order for retest. Plan B - if short position hits stoplosshttps://www.tradingview.com/x/F2w3iPjB/Plan A failed. Switch to plan B, long position with stoploss set to 0.1685. Will revise as and when it makes new higher lows.Looking back, it was was really good plan. Only mistake was setting stoploss too tight - specially for short trade.Will refine this further :)

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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$0.16016
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