Long

$DOGE : DOGECOIN using my BENTO BOX Analysis

Updated

On a Weekly Chart

LONG POSITION -MOMENTUM STRATEGY - SWING
11.30.22
2336H +8 SINGAPORE

Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.

My Published Ideas are not 100% Accurate. There are many factors at a given time that can change the forecast.

ALERT:
Forecast Entries for a BULL SWING.

Smart money wants a REBOOT of 2018 and all is possible for the forecasted entries based on numbers and the character of the market Let us see how price action reacts on a DAILY chart.
Hoping that this BENTO BOX CHART ANALYSIS will efficiently help you with your DYOR as we Enter a NEW SWING CYCLE for LONG positions, either short, mid, or long term.

INSTRUCTIONS:
HOW TO USE THIS MINIMALIST CHART (Bento Box)

"Follow the white rabbit!"
Just Follow the TOPS and BOTTOMS of the BOXES as a GUIDE to where the MARKET will take you.
If it cannot break a TOP or BOTTOM of a BOX, It signifies a reversal.

TARGET ZONE IDENTIFICATION:
The LARGE BOXES (Tops and Bottoms) are MAJOR turning points that will occur sometime in the future. While the SMALL BOXES (Tops and Bottoms) are MINOR turning points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS, as well as Support and resistance levels
Also includes MAXIMUM TARGET EXIT AREA OF VALUE - CONSERVATIVE (If price action conditions are right at that given moment.)

NOTE:
1. That PRICE TARGETS for ENTRY and EXITS are DYNAMIC and can CHANGE from time to time.
2. Created using data on a MONTHLY, WEEKLY & DAILY Analysis of a MARKET'S CHARACTER.
3. My BENTO BOXES are designed for SWING TRADES at the LOWEST or START of a SWING CYCLE.
4. At times I will include a WAY BEYOND PARABOLIC PRICE TARGET, depending on The Character of the Market (CRYPTOS ONLY).
5. DYOR for your Fundamentals, Volume, Chart Patterns, Candlestick Math, FIB COILS ( ABC ), Price Action, FIB LEVELS, Market Dynamics, AB=CD Pattern especially institutional and retailer trading psychology.

Wishing you all The Best Trades and Thank you all for your Appreciation and Support of My Work.
Many thanks to My 3 Mentors. They are so much of a Blessing that I also wish to share my knowledge.

Vive Le Autist!

Note

On a DAILY Chart:

The market had filled the gap in purple fill and is headed towards the above blue labeled alerts,

Note

On a DAILY Chart: Looking at the 0.11650286 as a strong resistance where the market will retrace. Those who have entered our first and second short term entries have already gained roughly 50% now and probably up to 80% in a few days to come. You can partial exit anytime, and let us see the price action tomorrow as where it would lead us.

No strong structure for resistance from recent previous high and will continue further upwards the market gap.

Note

#dogecoin #DogecoinToTheMoon On a 4HR Chart: The market has passed our blue label alert, easily sliced thru the MARKET GAP, and will head towards the white label. Partial exit on the labels depends on your risk appetite.

Trade active

CONGRATULATIONS!
On a 4HR Chart: had easily sliced thru the Market Gap with ease and is now on a reversal. Looking at the short-term entry points (outlined orange) as the market retraces back down to gain strength or not.

Possible for re-entry at our 1st short-term entry trigger or somewhere close to 0.09568079 and 0.08682819 as Fib levels of support.
Our short-term target exits happening in a week's time depending on the price-action of the week would be roughly 24-37% gains.

The_Crypto_Samurai

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.