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February 2023 DOGE Predictions (Public Version)

Updated: Jan 30, 2023



Month’s Theme: A prominent move to the upside followed by a full retracement back down. There’s also a notable move to the upside that increases with momentum moving forward into key resistance on the scale of at least a one-month chart.



Behavior Around the High: A U-shaped dip that forms near the intersection of two perpendicular diagonal trend lines.



Behavior Around the Low: A sell-off from an overbought crest or peak that will stand out on a one-month chart into the low.



Exclusive Trade Opportunities for Subscribers:


  • On the 1st, there’s an opportunity to open a long position in the midst of a decline. I would sell that position early in the day when we’re rotating along a support level.

  • There’s an opportunity to open a long position on the 5th in the midst of a decline toward the end of the day. I would sell that position early to midday on the 6th at a highest high.

  • A day trade opportunity on the 9th to open a long position in the midst of a decline. I would sell that position toward the end of the day.

  • If you can, I would also buy protection on the 9th and close out of that protection in the midst of a decline on the 10th.

  • An opportunity to open a long position on the 10th and close it on the 11th when we’re rotating sideways along key support.

  • On the 13th, there’s a day trade opportunity to open a long position in the midst of a decline.

  • On the 15th, there’s a day trade opportunity to open a long position in the midst of a decline. I would close that long position when we’re rotating along key support at a highest high.

  • A swing trade opportunity to open a long position in the midst of a decline early to midday on the 20th. I would close that long position the following day early in the morning.

  • There’s a day trade opportunity to open a short position early in the morning on the 21st. I would close that short position when we’re rotating along key support on the same day.

  • An opportunity to open a long position on the 23rd at a support level. I would close out of that long position on the cusp of the 25th and the 26th.



Overview



Week One (2/1-2/5)


On February 1st, there’s a notable move to the upside that pushes the upper end of a range higher. There’s also a bit of a decline on the 1st. On the 2nd, we’ll establish support and rotate sideways for a bit. We’ll then move up to the nearest resistance and then come back down to continue rotating sideways along support. On the 3rd, there’s a rally that increases with momentum moving forward into a prominent crest or peak for the month. On the 4th, we’ll have sideways rotation that increases with bearish momentum after a bit of a move to the upside to reach a resistance level. On the 5th, there’s another prominent crest or peak from which we sell down to and through a support level. We’ll do a U-shaped reversal below that support level and then move back upward to reuse it as support.



Week Two (2/6-2/12)


There’s a highest high price level early on the 6th. There’s an unexpected move to the downside off of that price level to a lowest low for the month either on the 7th or the 8th. There’s an unexpected move to the upside on the 7th and a cessation of a trend early on the 8th followed by a notable fake out/shake out or some sort of intentional misdirection on the 8th. Out of a decline on the 9th, we’ll have a move from the bottom of a range to the top of a range. On the 10th, we’re bound by the upper end of a range. There should be a notable drop between the 10th and 11th. We’ll have the completion of a rally on the 11th. On the 12th, we’ll establish support at a low, and out of that support we’ll have a notable move to the upside that stands out on a one-month chart.



Week Three (2/13-2/19)


A rally to the upside continues into the 13th and takes us into a prominent crest or peak for the month. On the 14th, there’s a day’s crest at the end of the day and a key resistance level on a multi-day scale that stands out. There’s a notable decline between the 14th and the 15th. Out of that decline, there’s a big move to the upside on the 15th. On the 16th, we’ll have three pokes through the same price level followed by a sharp decline after the third poke. We’ll rally into the 17th along a diagonal trend line. That rally ends with a fast, sudden move higher, and then we’ll have a breakdown through that diagonal trend line with increasing volatility on the way down. We’ll decline into a prominent trough or low for the month on the 18th. There’s a big move to the upside out of that trough. There’s some sideways rotation or another fast, sudden move higher on the 19th.



Week Four (2/20-2/26)


On the 20th, there’s a decline that offers a significant trade opportunity. On the 21st, there’s a highest high early in the day from which we’ll decline notably on the scale of a one-month chart. That decline continues into the 22nd and possibly into early on the 23rd. We’ll have some sideways rotation and a sharp dip within that rotation to bring us to a lowest low price level on the 23rd. There’s a significant trough or bottom on the 24th. A stable foundation for support forms on the 25th. We’ll then rally into a highest high off of that support either on the cusp of the 25th and 26th or on the 26th (which is more probable). At the end of the day on the 26th, there’s a sharp decline off of a highest high.



Week Five (2/27-2/28)


On the 27th, we’ll rally back into a key resistance level on a multi-day scale, and from there we’ll decline with consecutively lower spikes up on the way down. We’ll reestablish support on the 28th and see the beginning of a rally.



Sneak Preview


In early March, we’ll sell from a near overbought peak or crest. #XIITheHangedMan




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