Browse Stacks: Trading: Crypto: slopechart_$DOGE.jpg

Dogecoin Trillionaires 

In the last couple months Dogecoin here went from looking depressing to outright terrifying. That would be from the view of technical analysis only, and ignoring social media and all the fantastic freakshow that it has come to be. 

First we dumped out of the hopeful uptrend and established a bear channel in the process, now some months old. 

More recently we established a nice uptrend, which in the last couple days tested the top of the channel and failed miserably.  

At the time of this writing the pink channel sure looks like a bear flag.  

Yipe! Yipe! indeed. 

Happy Thursday!