Doge Coin(DOGE): Breakdown After Breakdown?After an amazing liquidity movement to lower zones that DOGE coin has (which we also caught in our previous TAs), Price is getting ready for another movement to lower zones, it seems.
With market uncertainty, DOGE is struggling to maintain upper zones after that liquidation movement. We are keeping an eye on a potential breakdown here, which would also mean we will be going for lower zones here with DOGE coin!
Swallow Team
DOGE-1
DOGE - THIS Altcoin can +800% 📈📉Hi Traders, Investors and Speculators of Charts📈
Dogecoin is the original meme coin, famously started as a joke in 2013. Nevertheless, thanks to a dedicated community and creative memes, it has rapidly evolved into a prominent cryptocurrency.
From a chart-analysis perspective, DOGE has big upside potential, and from a fundamental perspective - things are looking good for this altcoin in 2024. Elon Musk has finally announced a peer-to-peer payment system on X (formerly Twitter) and have also stated multiple times in the past that he plans to include DOGE as a payment option.
From a macro perspective, I am bullish on DOGE. But for the SHORT term, DOGE is bearish. The price needs to establish support before going higher, and the downwards trend means that support hasn't been found at the current levels.
The short-term bearish sentiment is confirmed by the technical indicator CryptoCheck START V3.5, flashing a "sell" signal :
We would need to start seeing daily candle closes ABOVE the green 50d Moving Averages before considering more upwards price action:
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CryptoCheck
CRYPTOCAP:DOGE
Doge Potentially bullishCRYPTOCAP:DOGE finally comes to an area of key interest. Broken resistance is becoming a new found support. Looking at it on the daily TF, it becomes clearer. I will want to see a rejection of the zone (0.08129) to the up side to maintain the bullish momentum.
Past Results does not guarantee future results. Do your due diligence
DOGE - LFG!Doge had some nice movements today, following yesterday’s bullish pattern originations Ont he short time frame. Expect to see those propagate exponentially over the next bit here.
This view shows the short time frame projections leading nicely into the long range projections, all fit to relevant support and resistance levels on each time frame.
Yeah… a lot of lines… i hear that all the time. I have to remove the less relevant lines so that i don’t overload the servers at TradingView. Apparently my brain is faster than the super computers. Of course, when i get to work on the 30s time frame, everyone of these levels, plus many more minor levels come into play. My aim is to “Floss” the bull runs, accurately predicting and playing all of the pull backs.
Floss??? Well… flow state mtn biking on a flow trail, creates the sensation of low altitude flight… and if you pilot your human powered hang glider immaculately, your trail would resemble a big piece of dental floss, winding through the woods, flawlessly.
Sorry if you can’t compute all the lines… hiding them (option command H) helps get your bearings. And zooming in also opens up the perspective.
BITCOIN: ETF approved today. SELL THE NEWS!!!!!!! Should have bought the rumor long ago!
Good Luck!
Go Doge Go!
Another Steep Drop In Price➔ As observed, DOGE is presently trading below its 0 Fibonacci level, following a significant price fall last week. It has entered its robust support zone. If this zone is breached, it will likely encounter another steep drop in price. You can see the next valid support on the chart.
This analysis is informational, not financial advice.
Doge - Beautiful!Hello!
Just sharing this because i think it is beautiful! Especially when we zoom the scale bar :)
Like festival lasers!
Oh… also wanted to point out that we completed a pull back to the 618 fib level, Measured from the Halloween breakout to the top.
Not sure what comes next, but we did just produce another doge with a long bottom wick, and it was higher than the last. Could be the foundation of support for another run here. If we can only decouple from BTC… similar movements in time…. But not moving through the levels the same, BTC stayed up in a previous level while DOGE dropped into correction. Feels like an exhaustion of BTC and a recharge for DOGE.
🔥BNB Will Dump: Everyone Expects It, Right?🤔Binance have not the best year according to the paid media. BTW, this is a largest and most regulated crypto exchange in the world, which have 100% proven reserves backed by BTC, stablecoins etc.
The return of BNB inside the triangle will be a bullish signal. I recommend you to take a look on the Binance Coin weekly candle close.
The targets are on chart.
💥 I think it is too early to bury Binance and BNB. What do you think?
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DOGE RUN IS OVER! TAKE PROFITS OR HOLD YOUR BAGS TILL 2025!Its clear that the doge run is pretty much over. DOGE is headed back down to $.05 and possibly lower over the next few years to maybe below 1 cent, till the next potential crypto run around 2025. These little pumps from Elon and friends is all just a joke so they can empty their bags and have the liquidity to do it while everyone else is buying in to these hypes. I said this weeks ago if you look at my other chart that this thing needs years to consolidate and correct. It outpaced the market in its run and went straight up and in this market anything that goes straight up comes straight down. Also there is no use case and DOGE is not being used, this is all a hype run and a get rich quick pump and dump. Once the rest of the market starts the next run up DOGE may have a bounce but only in dollar value as everything is pegged to Bitcoin but its BTC/DOGE ration will fall. If you believe in the tech then hold your bags and stop looking at the price. If you are just trying to make some money then this may be the time to get out and take profits if you haven't already or cut your losses if you bought in at the top. Good Luck.
If you have any questions or just appreciate this idea then leave me a comment. Follow me for frequent updates as well and if you have a chart you would like me to look at then let me know. Thank you all and good luck.
NOT FINANCIAL OR TRADING ADVICE JUST MY OPINION.
Doge Today, pull back expected.Hello,
This is the best fractal fit i can see for the recent drop and recovery.
I would expect that we need to retest a handful of the red descending resistance levels, as illustrated by this harmonic pattern projection.
Doge also like the Fibonacci 0.618 retracement.
Reversing there creates a lovely inverse head and shoulders to send us off to the moon!
Beware… there are also powerful bearish i patterns pushing on us now too!
HUGE DUMP COMING FOR SOLANA SOL/USD - RIPIm sorry, I hate being the bearer of bad news but I see Solana taking a huge dump. Short term and long term. The top is in, volume dropping interest leaving the project again. Its just a pump and dump so the big bag holders could dump their bags, now all thats left holding is the FOMOers that bought the top and think this thing is going to thousands or whatver they think. Its insanity, this chain is junk and has proven that over the years with how many halts they had on their chain, still waaay too many bugs to work out of this thing. I dont know what the catalyst will be to make it dump this hard but possibly another major outage or a hack of some sort. No one with any significant capital is investing in this thing, maybe trading it and dumping on the kids who are buying it but not holding it for anything longer than that.
As you can see in this correction the way it will play out Solana is going to bounce at the previous supports for a small bounce which will create a head and shoulders and that measured move will be pretty heavy down to low $20 range or even lower possibly $18 before a a pretty decent bounce. After that moves plays out there will be a much larger correction on the higher degree of trend as another much larger head and shoulders pattern is formed. Might sound unbelievable but its not and actually quite likely. Ive seen this way to many times, same exact style of pump and dump over the years with other projects that could never die and are going to change the world. and humanity haha.
RSI is pointed straight down
MACD is pointed straight down
Strong bearish divergence on the daily on the RSI, Momentum, CCI, MFI, and Histogram
A death cross on the daily will also likely form as a result of this drop which will bring it to way new lows. Imminent collapse is likely.
Good luck out there, this is not financial advice just my opinion.
If Litecoin Is An Indicator Of Whats To Come Then BTC to $20kLitecoin usually front runs Bitcoin in history. In the last bottom for Bitcoin back in 2018 you can see Litecoins bottom till when it started to move up again only lasted 82 days and was much shorter than bitcoins bottom which lasted 136 till Bitcoin started to go back up. Thats 60 days Litecoin front ran the next move in Bitcoin. Now look at this current bottom, Litecoin capitulated and bottomed in June 11, 2022. By then we thought Bitcoins bottom was in and it wasnt. Bitcoin capitulated and bottomed November 11, 2022, that 5 months after Litecoin did. Then while Bitcoin consolidated around the 15k mark for 2 months Litecoin started going up and by the time Bitcoin ended its consolidation at the 15k level and started going up, Litecoin was already up 125%. Bitcoin ended its most recent correction after 56 days back in October. Litecoin is still in the correction/consolidation phase now and its been 136 days. Its just taking longer just like Bitcoin took longer than Litecoin the last bull run. Litecoin is very close to a massive move up. If we were to assume it takes as long as Bitcoin took in the previous example then 5 months after would be in 14 days. Litecoin could be bearish for 2 more weeks in that scenario, but the Litecoin parabolic bull run is coming there is no question in my mind about that. Both of these cryptos are sitting on major multi year resistance. Nothing catastrophic has happened. This is just a range we are trading in. Also there is a possibility Litecoin is front running and Bitcoin slams back down to 20k again to touch its trendline like Litecoin just did. I dont know if this is what will happen or if Litecoin is just taking longer in consolidation like bitcoin took longer by 5 months the last time.
Not financial advice.
If Litecoin Is An Indicator Of Whats To Come Then BTC to $20kLitecoin usually front runs Bitcoin in history. In the last bottom for Bitcoin back in 2018 you can see Litecoins bottom till when it started to move up again only lasted 82 days and was much shorter than bitcoins bottom which lasted 136 till Bitcoin started to go back up. Thats 60 days Litecoin front ran the next move in Bitcoin. Now look at this current bottom, Litecoin capitulated and bottomed in June 11, 2022. By then we thought Bitcoins bottom was in and it wasnt. Bitcoin capitulated and bottomed November 11, 2022, that 5 months after Litecoin did. Then while Bitcoin consolidated around the 15k mark for 2 months Litecoin started going up and by the time Bitcoin ended its consolidation at the 15k level and started going up, Litecoin was already up 125%. Bitcoin ended its most recent correction after 56 days back in October. Litecoin is still in the correction/consolidation phase now and its been 136 days. Its just taking longer just like Bitcoin took longer than Litecoin the last bull run. Litecoin is very close to a massive move up. If we were to assume it takes as long as Bitcoin took in the previous example then 5 months after would be in 14 days. Litecoin could be bearish for 2 more weeks in that scenario, but the Litecoin parabolic bull run is coming there is no question in my mind about that. Both of these cryptos are sitting on major multi year resistance. Nothing catastrophic has happened. This is just a range we are trading in. Also there is a possibility Litecoin is front running and Bitcoin slams back down to 20k again to touch its trendline like Litecoin just did. I dont know if this is what will happen or if Litecoin is just taking longer in consolidation like bitcoin took longer by 5 months the last time.
Not financial advice.
Litecoin and Bitcoin Move Together But Play Leap Frog For everyone scared of the price Litecoin is at just look at these charts. I am simply comparing Litcoin price movement to Bitcoin price movement. In the last bottom for Bitcoin back in 2018 you can see Litecoins bottom till when it started to move up again only lasted 82 days and was much shorter than bitcoins bottom which lasted 136 till Bitcoin started to go back up. Thats 60 days Litecoin front ran the next move in Bitcoin. Now look at this current bottom, Litecoin capitulated and bottomed in June 11, 2022. By then we thought Bitcoins bottom was in and it wasnt. Bitcoin capitulated and bottomed November 11, 2022, that 5 months after Litecoin did. Then while Bitcoin consolidated around the 15k mark for 2 months Litecoin started going up and by the time Bitcoin ended its consolidation at the 15k level and started going up, Litecoin was already up 125%. Bitcoin ended its most recent correction after 56 days back in October. Litecoin is still in the correction/consolidation phase now and its been 136 days. Its just taking longer just like Bitcoin took longer than Litecoin the last bull run. Litecoin is very close to a massive move up. If we were to assume it takes as long as Bitcoin took in the previous example then 5 months after would be in 14 days. Litecoin could be bearish for 2 more weeks in that scenario, but the Litecoin parabolic bull run is coming there is no question in my mind about that. Both of these cryptos are sitting on major multi year resistance. Nothing catastrophic has happened. This is just a range we are trading in. Also there is a possibility Litecoin is front running and Bitcoin slams back down to 20k again to touch its trendline like Litecoin just did, damn good possibility and then while Bitcoin consolidates Litecoin could start its parabolic rally. Litecoin could move up in that scenario too like it did in 2018. Dont get shaken out, its just the impatient who are freaking out. Litecoin isnt going anywhere. Its the most used chain, its not dead by any means, just the price is not reflecting it at the moment, the price will rise to meet Litecoins value, its inevitable. Smart money invests in Bitcoin and Litecoin, Children invest in Doge and Shib.
Not financial advice
LTC Litecoin NOTHING HAS CHANGED FOLKS Ignore the BSI just wanted to give an update to Litecoin. The sentiment around Litecoin is extremely bearish and the FUD is just horrible while the on chain metrics are through the roof and are better than ever. The price of Litecoin will revert back to the mean. This was just a massive over leveraged long washout across all major cryptos before the next major leg up. Litecoin took it harder because currently its the least popular among retail investors. Grayscale will be filing a spot ETF application for Litecoin as soon as they get the approval for their Bitcoin spot etf they said. Follow the big money not the children that trade when they get home from school.
As you can see the bull pennant/flag pattern on Litecoin is still valid. Theres always wicks that washout the longs before any major move to the upside. Litecoin longs however were much deeper and hence Litecoin went down further to wash them out. Could even see a spike down to $50, at this point who knows, but it will be short lived and an amazing buying opportunity. Litecoin is not going anywhere, and is here to stay. Ignore all the bearish FUD. Once Litecoin starts its run you wont be able to stop it. This is just my opinion not financial advice.
Ethereum(ETH): Time To Sell? Or Buy?After a magnificent breakout from resistance on a bigger timeframe, we are looking here for a potential "fakeout" to form, which would lead price back to lower zones.
On a smaller timeframe, it is not so clear if we will get the breakdown or not, but we are aiming here for this kind of movement!
Swallow Team
Dogecoin(DOGE): Has reached Major Resistance / Rejection? DOGE is at a pivotal moment, as it confronts a significant resistance zone. After a substantial rally, the RSI is telling us that the market is overheating and entering overbought territory. This could indicate that a correction is near the corner.
We're watching for a decisive move; a sustained break above the resistance could signal continued bullish momentum, while a rejection might lead to a retracement towards the lower support levels at $0.08230 and potentially to $0.07535, which are our current targets as we stay below this resistance zone. As always, we'll look for confirmation in the price action and other indicators before making any moves.
DOGE - Long to massive targetsDoge looks great on the daily. The chart mainly speaks for itself, but the real strength behind this asset is the accumulation that is happening above this key level of inflection that was the ATH in January 2021. We have a first soft target, but the real target is 16c. If it breaks below the stop loss it doesn't mean that we turn bearish on the asset, however we will have to reconsider and find another entry point that could be closer to the 7.5c mark.
Bull flag whatever you see I don't really care, it's accumulation above a key level with seller exhaustion developing. The up move will most likely be fast. on the 4h it's clearer.
⚡️DOGEUSDT CMC TRADING ⚡️ TRIANGLE PATTERNDOGEUSDT has formed a descending triangle, and there's been a bullish breakout along the established trend, indicating a potential upward rally, especially considering the recent daily highs. Notably, there is a robust increase in volume, coinciding with the recent BTC surge towards $45k. This bullish momentum across various altcoins suggests a supportive backdrop for DOGE, enhancing the overall bullish sentiment.