BTC - 4h. The correction is complete. the next target - $50,000.Good morning everyone! Bitcoin buyers have started a new wave of growth.
Our previous BTC idea worked out.
The main prerequisite for this was the closing of yesterday's day candle. Buyers were able to fully absorb the previous day candle of the sellers, showing their strength . Therefore, most likely, the correction of the BTC price is over and buyers will break the mark of $35,700.
After fixing above the mark of $35,700 , the next critical point before updating the historical high is the range of $39,200-40,500. Having established itself above this range, the price will go to the renewal of the historical high.
Strong altcoins are preparing to grow and are waiting for a new stop BTC. For example, our ideas for DOGE XLM and GRT work perfectly. January ends on a positive note. Have a good day and be careful with marginal leverage in such a volatile market.
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Doge-btc
$DOGE big weekly chonk Hello frend, this is my new very analysis of $DOGE market moves it seem like its some altseason again and for $DOGE too.
So we started with the big weekly chonker but always be aware of flipping directions. Its always not bad to hodl when it comes to that and have
Good luck fren and happy trades
💡 Don't miss the great buy opportunity in Dogecoin/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00000022945). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Dogecoin/Bitcoin DOGEBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.00000032165
TP2= @ 0.00000037428
TP3= @ 0.00000051148
TP4= @ 0.00000062421
TP5= @ 0.00000073571
SL= Break below S2
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DOGE/BTC with 100%+ potential upside if trendline holdsPretty self explanitory. DOGE has been in a downward spiral the past few months after hitting an all time high of 60 satoshis.
25 satoshis is strong historical support. However, be aware it has dipped as low as 21 satoshis last year.
RSI has flipped to the upside...but unimpressive volume and no follow through.
I'd like to think this idea is valid if it can hold 25 satoshis. Else, I really wouldn't want to be part of a trade if it breaks that line.
Resolution of the formation should come by the end of september/early october, at which point it will most likely either break to the upside hard or break down another level.
I'd recommend not trading this on leverage, as btc has been quite bullish lately, and the trade volume on DOGE is virtually non existent.
I'd say this is a medium risk trade, so be cautious and use a small portion of your capital.
This is not financial advice.
DOGE/BTC Is ready to the moon ? #DOGE / BTC ( Binance, Bittrex )
Buy Range : 0.00000031
Stop Loss : Weekly close below 0.00000027
Target 1 : 0.00000036
Target 2 : 0.00000045
Target 3 : 0.00000060
Weekly Chart :
- Symmetrical triangle pattern. This pattern is neutral but according to the prices and market sentiment i give more probabilities for breakout
- RSI has been rising for weeks. OBV follow that way
- CMF growing and sitting near of the important zones where pump exploded
- Weekly chart is about to close in a few hours above moving averages. It will be a price action confirmation for a upward movement
- MACD clearly favor to bulls
- Three white soldier bullish candlestick pattern if price closes like that
Good luck !
BITCOIN: Next resistance $10k???If you go take a look at my 2 previous charts you will see that my predictions have been pretty on point. If my price prediction wasn't on point, my chart was lol.
I'm seeing the same pattern happen over and over, price comes up, goes down to the open of the bullish candle, then shoots right back up. Im not sure what this pattern is called but you can see a better detailed explanation on the chart, if you know what it is called please help improve my trader vocabulary.
Right now, if we manage to close above $9650 i will be expecting a very confident move upwards to 10K.
BUT IF NOT, I will be expecting a small retracement to $9500 - $9450 play out over the next few days.
No need to make trading more complicated than what it is, just find a pattern, set a plan, stick to the plan, and be patient.
DOGE - Buy after retraceIt should make a deep retrace and break the bullish trendline but we have a QM pattern in daily chart and I expect nice profits from it.
Bearish TP: 2225
Buy: 2200-2151
SL: 1921
Bullish TP: will be updated here after reaching to the buy zone
TL: 27 Oct 20:00 UTC (+ 03:30 will be Tehran time)
DOGE to 2021 - Part of a long term BTC Cycle?TLDR: May want to wait for BTC to drop or plateau over the next several months before buying any DOGE for medium term gains.
A simple ponder. I recently wrote about the possible long term trajectory of BTC (see ).
I will leave it up to the reader as to whether you agree or not. I'm not an expert, but I'm always looking for long term trends, and BTC conforms very nicely.
However, if you do happen to agree, it has interesting implications for DOGE coin. I've been thinking of using DOGE as more of a short to medium term investment - since it has such large spikes! My main worry was I wasn't sure exactly how predictable these spikes were. If only I knew whether DOGE was following a medium term bullish or bearish market.
Then I had the AHA moment. DOGE is very much coupled with BTC cycles, and on a logarithmic scale undergoes very similar parabolic/ exponential cycles. If we look the current value of BTC with the perspective of a 2-3 year trend (in which we are aprox 50-60% of the way through) - the value of BTC is way too high, and we could expect a drop +/- a plateau over the next 6 months, before it starts making another climb.
As a result, we would expect DOGE to follow a similar pattern.
So to answer the question: How low, will DOGE go? My current theory is "It will drop", but not my too much. Currently I think I'll wait for a BTC drop over the next few months, wait for DOGE to drop with it, and once it seems to align nicely with that long term parabolic curve, I'll re-examine where I think the best investment opportunity is.