DOGE Dogecoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Dogecoin (DOGEUSD).
The chart is self-explanatory. There are many bearish signs so be careful when considering to trade Dogecoin.
Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, VPVR (Volume Profile Visible Range), Volume, Descending Wedge, RSI, MFI (Money Flow Index).
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Memecoin
BTCUSD - Extremely BullishWe made a high of around 65k on BTC in 2021. Since then BTC has been rangebound between 30000 and 60000. Although markets can turn around at 30000 levels once again. As a trader, I would like bitcoin to hit the liquidity pool at 18000 level. I've been waiting for it since the last fall, It didn't. Trapped many at fake highs above 62000. Markets are risky, And this ain't an investment advice of any sort.
DOGE inside parallel channelDOGE is trading inside parallel channel and now price is above middle line, if it hold the middle line and current support zone it can head up to break out from channel and increase to resistance zone.
but break down from middle line will drop price to lower line of channel that is the same with support zone around $0.08
MEM-USDT Bottom + Falling WedgeBreak out + re test + bull div. Strong bottom at 0.10$. Low supply on the exchanger.
💥SHIB CUP & HANDLE 🐶 - TO THE MOON🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
I expect a rise from support to ATH and above it.
As explained on the chart, the cup pattern formed followed by the handle about to form.
An order block indicated on the chart proves a possible bounce from current support to a new ATH and a possible bounce above it.
What do you think?
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💥REVERSE RIGHT - TIME TO REVISIT ATH🚀Please support this idea with a LIKE👍 if you find it useful🥳
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Price has tested the lower trendline thrice and the upper trendline twice.
Price is currently in an uptrend towards the upper trendline.
An upward breakout from will take price back to ATH.
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💥FLOKI INU - 400% PUMP INCOMING🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As seen right here, we have floki price in a falling wedge approaching the breakout point. A breakout upward will take floki to the moon.
We all say meme coins don’t follow technical analysis, but sometimes they do.
From what I have on my chart, now is the best time to buy this meme coin as it is approaching the retest of the order block.
Therefore, a reversal from this order block and an upward breakout from this wedge will take price towards $0.00029 and possibly take it above ATH.
What do you think?
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FEG firework time!FEG/USDT chart doesn't exist on the Tradingview so I analyzed FEG/WETH chart.
FEG/USDT prices:
buy point:2*e-9 rocket launch time: 18 September
tp1=2*e-8 (%1000 gain in 3 days)
tp2=3*e-8 (%1500 gain)
tp4=4*e-8 (%2000 gain)
This Classic Breakout Calls for a Shiba Inu ReversalShiba Inu (SHIB) was one of the top gainers from yesterday's rally in market, gaining more than 13% after breaking above a critical descending trendline.
Trendline Breakout
Shiba Inu's price is set for a short-term rally after breaking above the descending trendline that connects the lower highs starting from the all-time high of $0.000088, but it faces short-term resistance at $0.000039.
The trendline breakout gives hope to the bulls that the current rally can continue. This is a significant breakout because it was used to frame the sell-off from the all-time high. In this regard, the current breakout might signal a shift in the market sentiment and a possible reversal.
MACD Bullish Divergence
Additionally, another classic technical pattern known as the MACD bullish divergence adds confluence to the bullish case scenario. The MACD bullish divergence happens when the price is making lower lows, but the indicator is making a higher low, which signals that the selling pressure is cooling off.
Moreover, the SHIB price is currently bouncing off a key long-term support level at $0.000026.
DOGE Dogecoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Dogecoin (DOGEUSD).
The chart is self-explanatory. The price is in a descending wedge pattern with the price attempting to get back to the top resistance line. If the price breaks out of the descending wedge, look towards the Fibonacci Retracement levels. The RSI has a bit more room to grow until it gets to the resistance line. The Ichimoku Clouds are shown with upcoming resistance. The 200 MA (simple moving average) is shown on the chart to see what the price needs to get back above to be bullish again.
Positives: Descending Wedge Patterns are generally bullish. Money Flow Index (MFI) shows money coming back in and the indicator moved out of the oversold region.
Negatives: Volume is very low. The dash lines on the chart are upcoming support and resistance areas for the price to battle. RSI about to approach resistance.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
SHIBUSDT Support Levels #SHIBI do not hold any Shiba and have no plans to buy any. I just wanted to draw what I think are support lines and a significant zone. I think the ATH and price action immediately after was mostly a result of positive social media sentiment and retail chasing the meme coin aspect so it's a lot less significant for a long term support/resistance zone. The lines I drew are where I believe it started settling back into more reliable levels.
My personal opinion is Shiba will likely have another pump if the rest of the market turns bullish. I'm just not really big on any of the meme coins so take everything I say about them with a big grain of salt.
*My friend challenged me to post one chart a day this year to build confidence and my skill set. I am still learning so I wouldn't trade off of any of these ideas. If you have any constructive criticism or advice I would be grateful to hear it.
Doge, Red or Rocket?So looks like doge pulled the leash toward the red path and has broken below a pretty big previous support, has tested the underside with a throw back and atm rejected... The bulls need to bust back above that area with more then just a wick and find it as support again to at least subside the bleed and give hope. There are some tiny areas of structure here but the next major starts down at .09. Elliott wave: dont love this count...its a gun to the head count. So lots of not ideals. But what would be ideal is if a ending diag is on its way in... again not ideal subwaves jumping off here but it popped to me with this current 3 wave move down atm, and maybe a mini ED in there as well. Algo tracks in there as well, got to fisrt target.
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Disclaimer : Crypto Trading involves a high risk. Make sure that you do your Technical Analysis too. Make sure that you don't use much leverage.