Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Altcoins Season Starts Now, How To Approach The Market!
Dogecoin / Bitcoin
Long
Altcoins Season Starts Now, How To Approach The Market!
By AlanSantana
Follow
Follow
Oct 28, 2021
1
0
7
10
10
Oct 28, 2021
We are deeply tempted to jump around between pairs, buy and sell without a plan which can lead to losses.
When things start to move...
When it is the Altcoins turn...
The best strategy is to be patient.
Plan before buying and then let the market run.
Dogecoin (DOGEBTC) is now showing a strong bullish breakout and this tends to move before the rest of the market does.
We saw Shiba Uni (SHIBUSDT) take its place, in the sense that it printed a very strong wave but it now started to retrace.
Dogecoin vs Bitcoin (DOGEBTC) Chart Analysis
After a strong shakeout 27-Oct., we can now appreciate a very strong bullish candle for this altcoin pair, DOGEBTC.
Prices are moving above EMA50, EMA21, and EMA10.
The MACD is trending up strong aiming for the bullish zone. It is only getting started but there is room enough for plenty of additional growth:
The RSI is above 60, this we consider to be super-strong.
Additional growth is possible.
The targets are mapped on the chart.
Remember to have a plan before you trade.
Remember to be patient and learn to wait.
Thank a lot for reading.
This is not financial advice.
Namaste.
alansantana
altcoins
Beyond Technical Analysis
crypto
Cryptocurrency
doge
DOGEBTC
dogecoin
Technical Indicators
Trend Analysis
AlanSantana
Follow
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com
(Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Also on:
Related publications
Bitcoin Bearish Intact, Relations To Altcoins & $100,000 Target
by AlanSantana
TrueFi Can Do 95% or More Easy Above EMA50
by AlanSantana
Ethereum Will Follow Bitcoin Down
by AlanSantana
SHIBA INU What To Expect And How This Affects The Market
by AlanSantana
Shiba Uni Stops and Dogecoin Starts...
by AlanSantana
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.