Dogecoin / TetherUS
Long
Updated

DOGEUSDT 4h Cup and Handle (UPDATE) 🚀

541
Not sure how to update the chart so re-publishing... I updated RSI value from 5 to 14.

I followed my FEB 9 plan, except for the stop loss. Still holding and expect big upside in coming 24-48 hours.

FEB 9 Post:

RSI low, indicated DOGE is oversold.

MACD looking like a bullish cross indicated by the upward slope (could be too early).

Combined, RSI and MACD indicating a retest of ATH .

I have my stop loss at 0.064 and will purchase more around 0.066. Good luck and don't forget to do your own research before investing.
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I closed positions. Multiple price signals at 1 min to 30 min timeframe indicating sell off.
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My new buy zone:
0.0615 - 0.0635
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Buying the dip 🚀
Note
Made several trades using 1 minute time... Need to work on timing...
- Entered at $0.064 at 12:45 AM... Should have sold within hour.
- Good entry. Bad Exit.
- Exited at $0.062 at 7:52 AM... Good Exit.

- Entered at $0.060 at 9:01 AM...
- Bad Entry.
- Exit at $0.058 at 9:30 AM..

- Entered at $0.056 at 9:50 AM...
- Excellent Entry!!! Terrible exit.
- Exit at $0.057 at 10:26 AM...

Waiting for re-entry. It appears the 1 minute time frame reflects 90 minute later. Wonder if that is always the case with 1 minute time frame.
Note
Incoming downtrend on 1 minute time frame.
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Entered at $0.0594 at 1:16 PM
Trade active
Didn't wait for MA crossover confirmation. Bad entry. Exit at $0.0577 at 1:45 PM.
Note
MA crossed... Entry at $0.0592 at 2:05PM
Order cancelled
Out after Elon tweet... thankfully

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