Dogecoin is trading under the 1D MA50 and just turned bullish on its 1D technical outlook (RSI = 58.834, MACD = 0.000, ADX = 43.260). This is the same accumulation process that took place in Jan-Feb and before that pre October 2023 that initiated the bullish phases of the Megaphone pattern. We expect the new one to have began by June, targeting the top of the...
DOGEUSD daily guidance is cautiously bullish. Recommended ratio: 65% DOGE, 35% Cash . * CRITICAL RESISTANCE WATCH/PCE INDEX WATCH . All Risk-On assets are rallying off of "dovish" remarks made by Fed Chair Jerome Powell in his speech at the Brookings Institute earlier today . To condense it, he: reiterated the same narrative that inflation has a long way to go...
$DOGE Had a Big Rise after Elon Bought Twitter. Time too Short? The target is where we can enter the short. I will be waiting for a reaction candle. Make sure to keep an eye at $BTC, even if we hit the target. The Target is at the start of a big supply zone.
We continue to look DOGE. Our preferable scenario is the rise of Dogecoin in wave 3 to the price range of $0.1150-0.1250. A fall in the doge below $0.0850 breaks the upside scenario and cancels our view.
We've been in a strong accumulation phase over the past 30 days+ now is the time for a nice bullish reversal, let's see if we can break through the .175 & .20 resistance over the next 2 weeks.
Hello friends, today you can review the short-term technical analysis on a 1H linear scale chart for Dogecoin ( DOGEUSD ), a cryptocurrency. 1) Dogecoin price broke out of a multi-day Parallel Channel with respective support and resistance areas. 2) The price may come back down to the 0.236 Fibonacci Retracement area at the top of the channel before moving back...
Seems we may get a bullish day in terms of a swing trade but overall we should continue to move sideways. I've labeled our 2 support lines for tomorrow, over the past 2 weeks we've created a floor price at .15.
Very similar set up as we ended the month of September in a bearish trend followed by a Bullish Reversal into October. I believe we will see a very similar pattern Breakout through Đecember.
I believe we will end the year above .40 & new ATH .80. I understand what kind of run we need for that to happen which if you look we've been accumulating for nearly a month ready to breakout. But will we see a sell-off or an Uptrend? Only time will tell
I am dropping a chart taking the previous run from 23 April all time high at .73 then finished with at .41 If we somehow see the exact same pattern starting from todays low which was .22 we will hit .80 Dec. 5th & end the year around .50 I would be perfectly fine with that, I do believe we will see a nice run up with a pullback heading into the end of the year....
Here are 3 realistic probable outcomes for Nov. 18th. It is another full moon which of you don't already know we typically see a massive swing from Bitcoin, with that being said we very well could reach above .27 on the other hand if it's a Pullback which would fall below BTC $60k support level we could call to .16 range. Or move sideways & contuitgo consolidate...
We're mimicking the ATH Bull run pattern as earlier in the year. We should witness an end to the consolidation phase within the next 2 weeks this begin on our road to the new ATH
We may have witnessed our last shakeout before the Holiday Bull run, which I do believe we will surpass .80 before EOY. I'll continue to keep you updated Đaily, follow me on Twitter for all the news surrounding Đoge & other AltCoins.
As you take a look at the MACD & the RSI they both match the hourly chart as a bearish downtrend. To me that's great news which means this is a true chart, we should see a bullish reversal play out in the next 48 hours as we head towards .30. We still have a possibility to fall to the mid to low .26 range before we head towards .30+ nearing the weekend. The next...
MACD indicates a Bullish Reversal is upon us, if the bull run is similar to the one in April that puts us at $1 EOY
Taking a look at the MACD it indicates a Bullish Reversal is upon us. If we see a similar run as in April, that puts us right at $1 EOY
Let's see if we can finish the day above .270, I do believe we'll see a healthy pullback before testing that resistance. We still have a possibility to fall back into the low .26 range as well.
If you take a look at the RSI it indicates ~ Oversold which is typically led by an Uptrend movement. Taking a look back on Oct 31st you can see we also dipped to the Oversold indicator which was followed by a nice Uptrend. Next we may see a push towards .30 through the weekend with the Upgrade to 1.14.5 this could add to the trend.