View: slopechart_$DOGE.jpg

This comment isn't really about Doge, but the poor thing needs to go for a walk. 

A while back the YouTube algo pulled up a trading video for me. I was intrigued at first because at the time it only had a few thousand views. The gentleman presented his view that almost all technical analysis was garbage. He then explained that all you needed to do was read the accumulation phase, the ramp up in price phase, and then the distribution phase.  

Accumulation - more or less flat price action 
Run-up - Short to medium term price rise 
Distribution - Price drops. 

I think these 3 movements are pretty obvious on Doge. What the gentleman did not address is time frames for those events. At peak Doge hype, this process took about 150 days. Currently it appears that same process is down to about 30 days. Sort of heading off into the stratosphere with this one so viewers may draw their own conclusions. 

I thought that was pretty neat.