Doge coin going to 1 usdt, what is the next move for doge coin?Doge coin likely completed its 3rd wave here in my chart, it has correction phase and may have to complete 4th wave also and ready for 5th wave around 1 to 1.2 dollar but 1st of all it have to break its downtrend or hold current support around 0.35 to 0.17 cent area for farther upside move to complete bull cycle.
Hope you like this update on DOGE and plan your trades accordingly.
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Thanks for reading,
#DOGECOIN #CRYPTO #BULLISHRUN #ELONMUSK
Bullcycle
"Every beginning has an end and every end has a new beginning"Tesla started the covid bull market and Tesla will end it.
***Do not take seriously my graphs and wave counts i have no skills to do that... this is just a gut feeling and an 100% naive count, i am not long nor short although everyone rushed to short now that Dr.Burry announced his short position, around 1 trillion market cap i will be willing to take my BIG SHORT BET for the next 2-3 years.
The importance of 21D EMA"This is NOT the Bear Market"
One of the tools that investors and traders use in bull cycles is 21D weekly EMA.
it indicates that whether or not we maintain on the uptrend.
As long as we stay above this weekly EMA, this is a bull market.
In the previous bull run, we had 7 major corrections.
all of them were aiming 21D weekly EMA as support and every time the price sustained above it until we topped out on Dec 17.
Right now this EMA is locating around $44000, so I remain BULLISH just yet.
Retracements of -30% to -40% are common for Bitcoin so stay calm, Bitcoin's doing Bitcoin things.
SnFsignals
Total Crypto Market Cap Excl. BTC Escalation 1 to 2 TRILLION1T Market Cap was reached violently, topped at 1,117T, in three weeks starting from 577B on March 25th.
The option of an accumulation area at this level is now reasonable.
February ATH 700B was followed by a month and a half of retracements and accumulation. Now the RSI is in overbought area as well as in February in the daily chart, but the weekly chart is still super bullish pointing directly to 1,25 T at least.
I won't worry anyway, 'cause in 2026 the total crypto market is expected to rise to 11 Trillion by traditional investors...It might be far bigger.
Total Crypto Market Cap Excl. BTC Escalation in 2021 Bull CycleI use Total Crypto Market Cap Exclude Bitcoin as one of the most important indicator to optimize my exposure on altcoins. It's a great tool that should always be considered.
Where will it top at the end of this bull cycle is the topical question. But my question is how much this new market will be able to erode the market cap of traditional financial markets.
DASH ready to explode!DASH is ready to explode!
DASH is since the last bullcycle in bearish market. Other Altcoins like ETH got out of it.
I think when BTC is again moving upwards, we can see an altseason and DASH surpassing it's ATH. The Fib Tool shows, that we can see 6500$ per DASH this year!
Wish y'all good luck! :D
20% DISCOUNT on Binance:
URK3CM0E
BTC 2017 bull run: number of days between each multiple of $1175I was interested in looking at the number of days between each BTC price multiple during the 2017 bull run, using the approximate 2013 ATH of $1175 as the base price for the multiples. I've made a much prettier chart in Excel, which I would also like to share if people like the idea. Be gentle, this is my first post here ;)
RSI/SMA/Pitch Fork Support and Res. BTC BREAKING BEAR TREND.Historically a shift to a bear cycle in BTC is marked by a 50% drop within a 2 week period. If you actually look at this latest correction it really only measures about -27%. Thus I feel it does not warrant any closing of short term positions. I actually find this drop to be comparable to the April 2017, prior to the REAL FOMO coming in.
The chart shown here is BTC, derived from the Coinbase exchange. The beginning of the channel shown(also where the pitchfork begins) is where a parabolic shift up began(Representing an explosion of growth), this can be confirmed by an uptick in volume, as visualized by the volume SMA. The purple SMA is 100 length, which historically is also broken when a bear cycle begins. The blue SMA is 16 length. It is KEY that the 16 length SMA is broken for the Bull trend to continue.
The RSI is often said to be obsolete, clearly this isn't the case on 4hr charts. This makes sense since many day traders and swing traders use the RSI oscillator, but on the intra-day charts primarily.
Please like and share!!
1/4 WATCHLIST + MARKET OUTLOOK** THIS IS PURELY OUR OPINION AND WE ARE NOT LIABLE FOR YOUR TRADING DECISIONS **
Happy New Year! Looking forward to the first trading session of 2021. Let's get to it!
If you've been following our analyses on TradingView, you'll know that we have been very bullish in the short-term, and that we believe we are about to experience (or in the midst of experiencing) the last phase of any bull cycle - a blow-off top . You can see in the image above that we've had this strong support line (red) since the coronavirus low. On Thursday, we closed above the major resistance (green trendline - which has actually now turned into support). This is a very bullish signal. As long as the red support line holds, we will maintain a bullish bias.
However, the market doesn't care about our opinion and will do what it wants. So we will trade the price action we see!
WATCHLIST
Note that these levels are for intraday options/equity trades. These are not swing levels.
MU calls over 75.70
TIGR calls over 8.5
SHOP puts under 1128
SQ puts under 214.25
COST calls over 377.45
PYPL calls over 235
ROKU puts under 330.75
TSLA calls over 720
WKHS puts under 19.7
ZM puts under 336
Lastly, we opened a position in GLD on Thursday - we will likely add to the position tomorrow with a break of 179.
Have a great week of trading!
BITCOIN wait for correction then LONGNow we have a nice setup lining up on bitcoin, market has broke all time highs with a huge bullish impulse, after a impulse we expect to see a technical correction to atleast 0.382 fibonacci, when and if the market gives us this retracement we will be looking to catch the continuation to the upside
Still Alert on Tezos for the next profits!!!Hello, I make this analysis on Tezos as trading idea for you. So, we see in Daily that Tezos was formed an bullish rising wedge, so I hope a bought approximately at $2.25 USD in the next few hours. So, I will going to continue following this technical analysis, at the moment, it's a trade!!!
So, I decide to add a little bought of simply 500 XTZ. Notice one thing, Tezos it's a good cryptocurrency to invest in long term.
We can to mark this 3 targets to reach in Tezos for our investments. Also, noticed that this proyect it's so curios and so unique in their kind that this crypto it's into my favorite for invest!!!
So, I will going to bought 500 XTZ for long term as contract in my Quantfury App, at the same time that I have NEO and ADA in earning right now for hold by contract to multiply your trading knowing when and where to invest.
So, it's all, if you like this idea, please get me a like and share this idea with your traders and friends.
So guys, I dind't sell any crytpo because if you know, the new ATH wealth transfer it's comming in the next months. For that reasn, I invite you to know the Quantfury app, to invest in crypto as the same time make trading in cryptos.
I invite you also to check my fundamental analysis of Tezos. Remember Tezos it's into my list to invest!!!
Nov18: CPO(1D) - Shall 3200 Hold, Likely See Rally to 3.4-3.6k🐮Bulls taking a breather as active contract move to Feb2021.
Major S: 320x-6x >> Watch if hold on test...
If support hold, Look for rally towards R1-R3: 340x-5x, 350x-5x, 360x-5x in about 2weeks time. ;)
I've been on Long since turn Nov, check out my many other social platforms for latest charts & market updates. 🔔⭐️
Check out my prev post on a Major CPO Bull Cycle (happening now!)
❇️https://www.tradingview.com/i/CwQkXxdU/
Happy Hunting! 🥂🚀
-jk-
Start of new bull cycle for Bitcoin?Yesterday's crash strengthens the great similarities between current and previous Bitcoin cycle. A sharp sell off made an end to the bear market with only upside seen from thereon. Besides these similarities, looking at the weekly BLX chart (Chart has yet to be updated as of today) with the 200 MA shows a bounce from this moving average, even more so indicating a potential long term bottom.
Breakaway Gap down from the Rising Wedge - dirtyBreakaway gaps are often seen early in a trend when the price moves out of a chart pattern or following a trend reversal.
The green lines, especially the ones with fibo 50 and fibo 61.8 are representing targets of this historical bhreakout.
But watch out! Market interferences, political changes and other typical exogenous influences lets rising wedges never look pretty in the stock market. Expect pullbacks before the real drop. I have seen 100+ rising wedges on different timeframes and various indices. Usually, I am very cautious in trading this pattern, because of the noise around it. However, the breakaway gap is a very special invitation
DJIA Long Cycle: In Fifth of Fifth Primary EWChart says all; a few salients:
Long Trend: The entire movement of late 90's up to 2009 was a giant Zig-Zag correction of the 90's Bull Market. The 2000 dot-com bubble burst provoked a mighty B wave lasting several years, that ultimately culminated in the 2008/09 crash, when prices fell below 2000 levels in a great 'h'. The current cycle began 09 March 2009 with the initiation of a long string of Minor and Intermediate EWs, interspersed with ABC corrections and more recently, another great zig-zag that began in Feb 2018. This pattern is not yet complete; we are enjoying a 3-Drives end game run to ATH, now in the second Drive. A minor ABC in November to test lower TL of wedge should provoke the final Drive to the Top, culminating in Jan 2020 where the long TL intersects the rising wedge from 2018.
In near-term: We have Bearish divergence between indexes now even as go-go stocks eke out new marginal ATHs, most of the market is already declining; breadth is poor and volume quite low, on Monday 28 Oct volume of 1.5k m shares was half normal and the VIX actually increased on a new ATH for SPX; NQ Composite got within four pips of it's ATH, but DOW is still over 300 off its high, and RUT never got close. DJT transports were actually negative, a leading indicator for the broader market, which may have a small incremental gain left, or perhaps not. There are not a lot of buyers up at these stratospheric prices! Certainly no accumulation is taking place here.
Outlook: Uncertainty in Feb/Mar 2020 of an election year with an impeachment ongoing and the disappointment that a finalized bona fide deal with China is years away, if ever, coupled with Fed decision to hold rates to 2% inflation, no more or less, and weak ERs from a sluggish economy will certainly weigh on global financial markets and likely create a rather Bearish mood. Distribution will be protracted and furious.
Concluding Projection: The completion of a Primary ten-year cycle in Jan or Feb 2020 will likely usher in a new Bear market. A Correction of 20-30% is both possible and likely. The Megaphone projects Dow ~20K by mid-2020 to complete the zig-zag pattern, a 7K pip selloff > 26%. As elections near, uncertainty will pass after Nov 2020 and the next Bull cycle might begin in 2021, if the Bear lasts only nine months. A three-year Bear would be a tough trading environment, everyone gets killed from constant whipsawing volatility. If we get a 1929-style correction then a long grinding Bear with persistent erosion of value is quite possible. A Warren administration would be the death knell!
This is just another observation and does not constitute trading advice; seek that from a qualified advisor please, and trade at your own risk! GLTA!
Is it better to buy Bitcoin than Ethereum!?!As we all know Bitcoin is deciding where the market will go!
Etherium, as the majority of the other coins, follows the market that is set by BTC.
How can we take advantage of that!?
As you can see, it is possible to buy cheaper and sell more expensive if you are in the right place at the right time.
Here is the interesting logic though.
"It is more important to buy at the right time than to buy at the right price!" - Samoto
Why?
Cause with the right time, you can use the power of interests compounding and thus getting much higher profits.
Imagine you earn 100% profit on BTC and then you put it in ETH and you earn 100% in that one also.
It compounds into 400%! Is it harder to expect BTC making 400% or BTC and ETH making "only 100%"?
Sure this is just a hypothetical example but if you check up the graph closely you will see that you can use the same logic.
Imagine selling BTC when it peaks and putting (some of that) funds into ETH. If and when ETH peak is delayed you can use both for maximizing your profits.
Are you buying BTC right now or are you thinking of buying some more ETH? ;-)
Now, the interesting calculation: How many times do we need to double our money to get from 2k$ to 1mio$?
Believe it or not, it's just 10 times! Compound interest is great if you can use it in your favor. Much better than banks using it against you!
This is just an idea. It's not investment advice!
However, if you like it you can follow me and get to know more ideas like that.
Litecoin Bullish Scenarios for Summer 2019$LTC should remain quite bullish throughout the summer leading up to #TheLitecoinHalving2019, on Aug 6, 2019. Since the bottom of this recent #bearcycle, #litecoin has had repeating monthly cycles of +35% and +65%. I expect this same pattern to repeat itself thru The Halving.
$BTC could still see a pullback under $7k. If it does, this litecoin #bullrally could stall out while traders protect their #bitcoin positions.
If Bitcoin remains bullish throughout the summer, litecoin will follow suit. If Bitcoin has a #parabolicbreakout, we could expect to see litecoin retest #alltimehigh prices leading up to the halving date.
Bullish Scenario 1 Bullish Scenario 2 Parabolic Bullish Scenario
End of May = $98-$106 End of May = $105-$118 End of May = $110-$130
End of June = $108-122 End of May = $125-$145 End of May = $150-$195
End of July = $125-$150 End of July = $150-$175 End of July = $225-$275
We could/should also expect to see up to a 50-61% fib retracement post-halving, just because, that's what the market does.
I will update this idea weekly through the end of the Litecoin Halving