Dogecoin Fib levels

Oct 29, 2022

DOGE/USD has clearly made a breakout the past few days. But how do you even make sense of the DOGE/USD charts since it has gone parabolic? It seems like no technical analysis is accurate anymore. Elon Musk's acquisition of Twitter, completed on Thursday, also included a $500 million commitment from crypto's largest trading platform Binance. I think the only chart that makes sense now is the DOGE 1 week chart with FibSMA levels 89, 144 & 233. Here's those Fib levels on the 1 week chart:

FibSMA89 = .1676
FibSMA144 = .1059
FibSMA233 = .0667



Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
tradingview.com/u/growerik/

Oct 29, 2022

Note

DOGE 15 minute chart:

Jul 1, 2023

Note

DOGE just crossed the Fibsma55 on the 1 day chart $.0688 which could trigger a 3 day run up to $.0923