DOGEUSD Buy Signal ahead of the Golden CrossThis is not based on any standard technical pattern. I am simply taking the buy approach here as DOGE is replicating the 2014-2016 cycle.
In particular is has entered the final consolidation phase before forming a Golden Cross on 1D, which will be the signal for a test of the 0.0070 September 2018 High. The same pattern it followed in 2016. See the similarities also on the previous Lower High within the 0.500 and 0.382 Fibonacci as well as the Golden/ Death Cross coherence.
Dogesignals
DOGECOIN Clear pattern or deception?Every time DOGEUSD retraces below the 0.382 Fibonacci level after a 1D bull run, it pulls back completely, filling the gap 100%.
Why should this time be any different? The bear market on DOGECOIN lasts longer than the average crypto market anyway, so I am expecting 0.00200 next and then a rebound to 0.00300 for the new top.