DOGE DIGEST
Is Doge seeking direction on this cold January 3 morning?
Friends and fellow Steemers,
An unfilled gap at .0088 leads me to expect this will fill soon as I've noticed Doge likes to keep the gaps filled.
15 min view at 9:55a.m.
4 hour doge view 9:35am
With a (so-far) lack-luster attempt at mounting the .00937, it may be forming a handle pullback or completely break through the next resistance level.
Will it explode up, down or continue to move sideways?
Must all gaps be filled? There is an unfilled gap up on the daily between the 15-16 of December with indecisiveness of direction proceeding the flag pole on which this coin is carrying all it's weight.
According to Alan S. Farely in The Master Swing Trader (2001) "Some gaps never fill and old traders' wisdom is a lie."
Exhaustion gaps get filled but breakaway and continuation gaps may never fill.
Doge on the daily view at 9:17a.m.
On the daily chart it looks like this coin is going to do big things in the long run as it appears to be sympathetic with bitcoin.
During the time it took to put this piece together it appears Doge wants to break to the upside in the short term.
disclaimer:
These are merely musings from an armchair quarterback who has an active interest in the stock and crypto markets. All information is speculation on my part and not to be taken as sound financial advice.
At any given time, I may or may not be holding the coins that I speculate on but will always try to remain objective.
KNOWLEDGE IS POWER