DDogecoin / Bitcoin
Largo
Actualizado

DOGEBTC - Daily Cloud Breakout

431
Doge had an E2E trade play out and now appears to be breaking out of the Daily MA cloud and moving up. I have opened op a few positions at the breakout and have stops tight in the MA cloud.
Operación activa
Positions opened.
Operación activa
For a possible first target before a correction, I am looking at the weekly FAMA of ~48 sat.

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Operación cerrada manualmente
Closing Doge for -15% due to loss of 4H momentum and close under 30M MA cloud. I will be watching for reentry.

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Nota
With Doge completing the e2e trade on the daily and retracing back to the 4H MA cloud, it looks momentum in price is slowing down and a trend could shift to the upside with a bounce off the cloud.

I will be watching for good momentum on the 4H candle before opening up positions.

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Nota
Doge is still looking bearish at the moment. The daily close and high momentum move below the cloud is an indication price will continue lower. I will be waiting for price to come back near the red MAMA area before looking to enter long positions.

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Operación activa
Opening up some positions on Doge with the break out on the daily MA cloud.

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Operación activa
Ichimoku cloud update. Doge is currently in an e2e play and TK-lines have crossed in the daily cloud indicating a medium strength bullish signal. I will expect price to pierce the top of the cloud and retrace back down to the flat Kumo level ~35 sats before making new highs.

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Operación cerrada: objetivo alcanzado
+40% closing out some positions since we made it out of the cloud and letting the rest ride.

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Operación cerrada: objetivo alcanzado
+60% closing out some positions since we made it out of the cloud and letting the rest run.
Nota
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Nota
One main reason for the close was due to the price action on the daily candle. Statistically 95% of the time a bar will create a wick on the open end.

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