As much as dogecoin holders want the coin to reach the moon it always seems to fall short of new buyers to push the price higher. In its previous run, ironically, 0.420 acted as a resistance. Even with Coinbase listing dogecoin, we seem to have another "buy the rumour, sell the news" effect on the coin, The coin also pumps whenever Elon Musk Tweets which...
Just so cute, enjoy your profit if you traded my USDCAD analysis. click on the red icon in the idea post to see the analysis.
Big sell opportunity for gold, If it breaks about the trendline shown in the idea post, this idea will be failed.
I expect to see DOGE pull back to $0.20-0.25 before we continue on the long term uptrend. The parabolic uptrend is broken for now, much like BTC and ETH. RSI pointing down still after we've pulled back from .7-.35 in a very short while. Support / resistance at every 5 cents is key. Under .2 and the long term uptrend is broken but i think we bounce hard from there.
Almost all the tokens in the market were spared this cascade dive. Bitcoin is down more than 50%, and shanzhai is down even more. But it is not surprising that the currency has fallen so much, as it always has. As I said before, take a map of the top 20 market values and look at them a year later. There are still a few more. Since 2018, those boastless Niucoin,...
Analysis Bitcoin repeated this very similar price action back in 2013 In both cases, price had printed several consecutive green candle months This price action is highly unhealthy and unsustainable which resorts to extreme corrections as we have just seen recently in the week commencing Monday 17th May 2021 where we saw 60+% corrections from the ATH across...
This weeks main event was clearly Elon's Tweet dropping the Bitcoin price! BTC Who will be the next Tesla darling? Everyone is trying to woo Elon Musk after he dropped Bitcoin? Elon Musk once again rocked the crypto world, but this time instead of shilling Doge, the Technoking of Tesla dropped a bombshell that Tesla would no longer accept Bitcoin payments for...
Hello trading friends, I hope you have a great day, also with the last breakdown trend of bitcoin. we know all Elon musk did support the breakdown trend with the last tweet, and in our before chart, we did add if we break down 50K, we will break down more. What is next? As long we hold 46800, there is no reason to sell bitcoin for those hodl. Bitcoin tries to...
I think the new floor is around 50. A little more consolidation and we may be back headed upwards shortly. Remember we were here just 3 days ago...
DOGE FACING TOUGH RESISTANCE 0.46242 IF LOSS THE LABEL THEN BUY AND HOLD FOR SOME WEEK GOOD UPSIDE POSSIBLE IN COMING DAYS
Hi friend doge is elon musk Fav. Currency so buy doge don't take normaly ..
I've said this before and I will say it again I'M CONCERNED about DOGE It looks like 777 wil be an important level ? WHY ? it is on the CROSSROADS between - the BLUE HORIZONTAL wich has been resistance over approximately 1 Month - EMA 20 - second SUPPORT LINE IMHO the MOST PROBABLE outcome is the RED PATH ? WHY ? - the bottom support line will gain...
Technical indicators can not solve the problem on the left side, but when used on the right side, the effect will be very obvious. Doge, although we cannot know when he peaked and how much, we can strictly implement the strategy on the right. If you can stick to the standard every time, you won't be harvested. This is the value of technical indicators, which are...
FTM make a lot of bullish opportunity last week, now FTM try to return the white resistance rectangle to support (this is maybe another bullish opportunity)
I was comparing Doge to the 2017 BTC bullrun, and then noticed that it looks quite similar to the 2012/2013 run. With all the hype, mania, and new people buying into Doge at the peaks, I think this could come down very hard when it gets up around a dollar. An 80% drop would bring it down to 20 cents or less, depending where it falls from. Although with all the...
Thought it would be interesting to look at Doge vs Bitcoin's 2017 Bullrun. Full on mania has set in for Doge and everyone think's this is a great time to buy in. I have a feeling once it gets to $1 there will be a very rude wake up call for those who bought into the top. With how much Elon is shilling it, I can't see it tanking THAT bad right away. But when it...
If market will crash, 0.3 would be my price level to re-enter long or my price of interest for me to take a long/buy trade upon confirmation. A bearish divergence can also be observed! A confluence of two golden Fibonacci ratio of 61.8 AB and AD structure can be seen and a bearish APF has been completed already near 0.7 (psych. price) giving market a reaction...