Cut of tea with DOGE and then off to the moonNow that's a cup a can drink tea out of!
New trader. Don't really know what I'm doing yet so don't listen to me. Still trying to master impulsive decisions, and emotional decisions.
Sentiment around DOGE seems very positive in the past day or so with the price being above moving averages and yesterday (Nov 18th) having broke out of the the triangle thingy.
Following a slight correction.... coincidentally around my tea time, we have a cup and handle formation taking place. Once the handle has formed allowing sufficient time for the tea bag to steep we shall get into Elon's rockets for liftoff to the moon. Sometimes rockets malfunction so make sure you have your fire extinguisher nearby (stop loss).
In a parallel fashion it appears that BTCUSD is continuing to push to 100k at which point I fear might bring some darker clouds leading to a correction on the pair, and may ultimately pull the key alt-coins down with it (SOL, ADA, SUI, DOGE, etc...). You might be thinking that's total non-sense and I know not what I'm doing --> very true.
Drew a fib extension on the chart to give ideas of where the profit could be taking or where the trend may turn around.
Good Luck, Encourage!
DISCLAIMER: once again, I know not what I'm doing so don't consider the above as financial advice. I'm merely contributing to market sentiment around DOGE as of Nov 19, 2024.