Doge-btc
It is now at the all-time high resistance areaOn a 4-hour TF, it is now at the all-time high resistance area. If it breaks the $ 0.47 line, it is in price discovery mode, and we'll see a good rally. ROSE is taking support at the uptrend line, and if this is broken, then the next major support is $ 0.336 - $ 0.356 area. If you are looking for a new position, then wait for either break of the resistance or a retest of the support area.
Early hints of trend reversal!DOGE has been struggling against BTC for several months, but sellers are exhausted. I'm seeing bullish divergence on the daily chart and we're in an extended Falling Wedge. A breakout of this wedge could be explosive. Keep an eye on DOGE in the next couple weeks. I'm interested in averaging in here.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
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DOGE - 11/25/2021The trend set from 4/19 looks good still. The daily chart for doge is almost very oversold. The macd looks like it's showing momentum upwards. ETH and BTC look like they're showing signs of reversal, and if it's true that their price action and the trading pair values for them are good indicators for doge movement, we could see a good reversal for doge soon.
I think it's entirely possible that doge could drop to .1950 or .20 cents though before another spike. I'm still focusing on buying under .2160 as a good position for the upcoming run.
BTC could drop to 54k and ETH to 3950/4k areas following the same concept. I think it's a little less likely given the action in their prices, but not out of the question at all.
SHIBA - Not a good time to Enter!On a 4 hour chart, as you can see, it is in a downward trend. The $0.00004470 support area is significant. If this support is lost, we will expect a decline of 20% or more. I have not seen a good sign to climb so far. In my opinion, now is not a stable and safe situation to buy. Wait for the climb signs to appear.
I suggest waiting to enter for friends who do not have enough experience by breaking the resistance and creating stability.
9th Series of Altcoin Buying Areas!Hi followers and other TradingView users,
A month has passed since the last post and it would be correct to do another survey about your favorite altcoins.
I think everyone should know the rules already but just in case I will repeat it for my new followers:
1) Comment THREE of your favorite altcoin, not ten not five, THREE!
2) Name only the ticker - Bitcoin is incorrect, correct is BTC ;)
3) Hit the LIKE button!
4) If you don't already follow me then hit the button to get the update as fast as possible.
Only four simple steps and your named coins will get into the list!
As always, TOP mentioned altcoins get analyzed - pointing out breakout areas and if there are some logical price zones after a possible correction then also pointing out these levels from lower prices!
Previous idea peaks after the breakouts are here:
1. ADA: No trigger
2. SOL: +55%
3. MATIC: +61%
4. DOT: +45%
5. XRP: +25%
6. FTM: No trigger
7. ETH: +32%
8. ICP: No trigger
9. VET: +65%
10. SHIB: +180%
11. Close one but no trigger, peaked 100%
12. No trigger
13. No trigger
Go and name it...
Regards,
Vaido
XDC Multiple Indicators Pointing UP! XDC chart has been in a kind of sideways movement for week or so now. Its reaching the apex of the descending wedge and that is quite bullish in itself aside from the indicators. This is just my opinion and not financial advice. I post frequently and give updates. If you have any coins you want me to look at let me know in the comments. Thank you!
XRP - Will we see a good rally?Okay! Let's go to Ripple analysis and examine its motion. XRP is hanging between the support and resistance. The major support is $1 - $1.1 area, and it is bouncing from there. The resistance to break is $1.22 - $1.25 area, and after the breakout, we will see a good rally. You can build your position in XRP near the $1.1 support area. All big caps are moving, and we will see similarities in XRP in the coming days.
🔥 SHIBA Cycle Top Prediction: Fibonacci AnalysisWe've all see the massive bullish move that SHIB made over the last couple of weeks. In today's analysis, I want to dive deeper into the potential cycle top for this token.
The 4.272 extension is widely used in crypto to determine potential tops for certain tokens. If we overlay the Fibonacci extension on the current chart, we can see the 4.272 extension around 20,000 (omitting zero's for readability).
So, assuming that the 4.272 Fibonacci extension is a valid top predictor, we can see that SHIBA still has some juice in it, around 300% to be exact.
What is your top prediction for SHIBA? Share your charts below.