With the guy who I absolutely love to refer to as my mentor, Dada, we had a weekly thing called car porn! A game where every week on a particular day, whenever Dada went out, he would have taken a picture of the muscle, hyper, or supercars that befell in front of him and then showed them to us. You might be wondering, what is so special about car photos? The thing is, I live in a country where the tax on imported cars is absolutely maddening. To buy such a vehicle, you'd have to pay somewhere between 235-801% taxes over the original price! And so to my knowledge we don't have any supercars in the country! Yeah, that is right! And so, Dada showing me those photos, to me, that was as close as the real thing! But among the many images, I had never seen a Tesla! You know, those marvelous electric cars, which hits their top speed while accelerating at an equally distributed torque, all the while reaching the maximum speed.
So in last years December 20, when the most fascinating car manufacturer tweeted "One Word: Doge" and doge started climbing from 0.001 to 0.004, out of FOMO, I had bought 1345 doge, that meme token with the last bit of HBD I had left:v And then it came down crashing like a Boeing 707! Yeah yeah, me, the VIP-lounge clown, had done it again! I thought to myself that, what the hell is wrong with you, mate! Oh well, it doesn't matter! That was like the amount I usually smoked through in two days! Yeah, Cigarettes are very cheap here, and I smoke a lot. And so I forgot about them! Like many a few coins, I don't even remember buying!
Last night, after a long talk with someone special, I went to sleep very late, at six in the morning, when people usually wake up. When I woke up, what I saw first on my feed was Elon in the form of Rafiki, holding up doge like Simba recreating that famous scene from lion king no one can ever forget! My initial thought was, meh! Lame meme! But oh, it was not!
I think that meme alone was what pushed doge to its ATH! And unbelievably doge had crossed six cents! My initial thought was, 'meh! Another wasted opportunity'. And then I remembered that I had a few! My doge was sitting right there! Valued at 63$s. Talk about ratarati dhoni:p 63$ ain't much, but from 6.3 to 63! now that is something; the second time I have made a successful HODL!
I don't understand the technical analysis of trading very well. To be honest, I am an absolute noob at these things! But there was something that I learned today, which hypothetically is a market predictor, but too hypothetical! These are called flags and pennants chart patterns. These are absolutely distinguishable patterns on a chart that, when you connect the lows and the highs, forms a geometrical flag! An experienced trader might be able to explain more, but the images themselves are self-explanatory! But for the flag to work, there must be a sharp move, either rising or falling, and the market must have heavy volume! And today doge had an astonishing volume!
The screenshot, courtesy of Dada,a 1 day chart of doge/usdt shows a the double flags and then a straight sharp rise breaking the resistance! signifying how doge right now is orbiting the earth along with Elons Tesla S!:P
To know more about the Flags/Pennant