SHIB ARMY! Chart by Commander CryptoKnee ShibArmy Reserve. 16OCTRed Path NAILED the Price action, and my previous Elliott wave chart is progress pretty well also so check that out. If you are actively trading this asset, you may want these lines. Moved the level labels around a bit and noticed RSI on the 1 hour has bounced off the bottom, last 2 pivots coincided with overbought oversold areas. Volume still dropping. Green would be a nice path up and out of this range and fit a triangle correction pretty well. Current PA is grinding up the trendline, could see it grinding up to the resistance then, POP. Fall out of the grindage could mean a revisit to previous support, which will hopefully hold. BUT nothing is for certain and always good to have a back up plan ready.
Memecoin
DOGEUSDT 4HHi everyone
Possible routes for Dodge prices
Assuming that bitcoin continues to move to the 50,000 level, Altcoins, including Dodge, will keep up with the increase
In that case, if Dodge reaches $ 0.23, it will most likely touch the $ 0.27 level again
On the other hand, if the Dodge price fails to turn the $ 0.23 barrier into a support level, it indicates weak pressure from buyers
In this case, Dodge may come down and break the $ 0.21 demand barrier
A significant jump in sales pressure could lower Dodge to $ 0.19
Such a move would nullify the current uptrend and potentially trigger a downtrend to $ 0.18 or $ 0.16
What do you think is the scenario for Dodge in the short term?
Thankful
have a nice day
ATOMUSDT:BULLISH DIVERGENCE,WILL IT CONTINUE THE BULLISH BIAS?Hello Traders, Here's your free outlook for ATOMUSDT , Please don't forget to smash the LIKES, COMMENT, and FOLLOW to support the channel!
ATOMUSDT is breaking out the symmetrical triangle. The momentum indicator creates hidden bullish divergence , therefore, there is an indication of continuing its bullish movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommendation to buy/sell for cryptocurrency.
DOGEUSDT:BEARISH FLAG, NEW SHORT OPPORTUNITY ON MEMECOIN?Hello Traders, here's your free outlook for DOGEUSDT! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
DOGEUSDT is breaking the bearish flag pattern. Breakout of bearish flag pattern indicates potential bearish movement of DOGEUSDT. The momentum indicator is pointing down near the oversold area, indicating potential downside movement to the target area.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell cryptocurrency.
AN HOURLY CANDLE ANALYSIS FOR DOGE/USDT1. Price held the 0.2900 key support level.
2. Price is now consolidating in the form
of a bullish triangle pattern.
3. I"m expecting the price to break through
the 0.3000 key resistance level.
I'll be waiting for the break in the resistance area
and a retest on the support level
or I could enter on the breakout
TP: 0.3140
SL:0.2943
DOGE Update - Big move coming !Here's a quick look at DOGE 4 hr chart. As we can see, the price has formed a triangle formation, and is close to breaking the pattern! The best entry would be, when the price breaks above the triangle with good amount of volume .
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The idea is: Buy the breakout from the triangle and take profits at the levels shown in the chart.
Targets:
1. 0.374$
2. 0.396$
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
DOGEUSDT: BULLISH SYMMETRICAL TRIANGLE, TIME FOR BULLISH?Hi Traders, Here's your free outlook for DOGEUSDT. Don't forget to leave LIKE, COMMENT, and smash the FOLLOW BOTTOM to support the channel.
DOGEUSDT is breaking symmetrical triangle impulsively and possibly continue its upside movement to the target area
The roadmap will be invalid after exceeding the support/target area.
DOGEUSDT: BREAKING FALLING WEDGE+EMA 200 REJECTION, TO THE MOON?DOGEUSDT already impulsively rejected dynamic support area. Furthermore, DOGEUSDT is breaking the falling wedge pattern and potentially moving upward to the target area.
The roadmap will be invalid after exceeding the support/target area.
DOGE/USDT Broke the 3 months long downtrend - BullishDOGE/USDT broke the downtrend started early May thanks to Elon Musk's kind word at B Word Conference.
Entry zone 1 - $0.18737 - $0.2049
Entry zone 2 - $0.17707 - $0.1873
Target 1 - $0.2522
Target 2 - $0.3516
Target 3 - $0.5163
This is not financial advice and DYOR. This could be a fake breakout so please manage your risk. Place stop loss under $0.1702 or $0.1602
SHIB/USDT analysisHere is resistances. According to blockchain data, we can see rise in "the total number of unique addresses that hold assets in the network". this means that number of holders become more and more. Also we can see rise in VOL from yesterday.
It means that after high supply in past 2month maybe we have a balance between supply and demand as number of holders say.
So it's likely (and i hope) to complete right shoulder around R2 to R3. after that we'll probably see a strong jump to R4.