Memecoin
Big reversal coming for DOGE!Here's a quick Look at DOGE daily chart. As we can see, the price has been forming a bigger double bottom formation! A break above 0.35$ will confirm the double bottom and from there we could see a big rally to 1$! Keep an eye on this setup!
The best entry would be, when the price breaks above the 0.35$ with good amount of volume .
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The idea is: Buy the breakout from 0.35$ and take profits at the levels shown in the chart.
Targets:
1. 0.435$
2. 0.51$
3. 0.59$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
SHIB / USDT . What's next for SHIB?What's next for Shib? Will we move even higher? What are your thoughts?
Enter long position if/when price breaks out of triangle
Take profit ideas:
TG1 - 0.000077$
TG2 - 0.000081$
TG3 - 0.000087$
What do you think? Which crypto do you want me to do next?
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Trade safely!
Floki & Bitcoin Chart Correlation on Different Time Frames
POLONIEX:FLOKIUSDT
BINANCE:BTCUSDT
As you can see Floki 1H price action during past week is very similar to Bitcoin 1D price action during past year. So, the short term floki price action might be an interesting indicator for long term Bitcoin price action.
P.S: You can also do this fractal for some of top memcoins such as Doge, Shiba, Kishu and Akita (especially in the past month's meme season and you can see that Floki will probably do another 300% in a couple of weeks accordingly and if this is right so we can expect Bitcoin price to be around 240k by January 2024.
DOGE, DUCK, DIP, DIVE AND DOGE. 5 D'S OF DOGE...DOGE DOGE DOGE, SHIB!!!
That's all I hear...
Very popular crypto and has the opportunity to be in the top 5, given that it lives up to its potential hype. What do y'all think is going to happen? Will DOGE dodge the SHIB movement and move past the MEMECOIN stereotype, or will it sink to the bottom?
Next Memecoin to go through the roof? $FLOKIAn, admittedly, not entirely serious, analysis, after all, we are talking about a Memecoin.
Even if this culture goes against everything I've learned about the market, you can't ignore it.
I'm in since yesterday and I'm at 100%, but I'm convinced (almost unfortunately) that Floki will go the same way as Doge or Shiba did ( or will still go, in the case of Shiba, that's not over yet in my opinion).
I will buy again at the yellow line.
EVEN IF THIS IS ALWAYS TRUE, HERE ESPECIALLY:
THIS IS NOT AN INVESTMENT RECOMMENDATION!
ShibArmy! Chart by Commander CryptoKnee ShibArmy Reserve. 28OCTNailed the Ending Diagonal entry from last nights chart! Now im seeing a zig zag down and a zig zag up. the 3rd move is a bit questionable atm. Could still be multiple things, most are corrective, with a Leading diag being the most bear, atm, MO. The 2nd ZZ did hit the .80 fib retracement of the 1st, so dependent on your wave B/X fib retracement allowance could be a flat or sideways combo. BUT, I personal would perfer another simple contracting triangle here. but its is depends on how this 3rd move plays out and where it lands. We could still break the high here and still be in a corrective structure, running/expanding flat or triangle variant. SO hopefully this next move provides some clarity. Would like to see something proportionate to the wave to, or else I will get a bit sus as to wtf. The most resent retrace was swift and a bit deep, so that may have been the wave 4, but again will have to see how this current move plays.
start of the 5th wave of Elliott from $0.17 or $0.113crab, cypher and shark reversal scenarios:
if 3-4=0.61 X-3=$0.17 *more likely*
crab targets:
0.38 3-4=$0.3
or
0.88 3-4=$0.63
cypher and shark targets:
1.13 3-4=$0.9
or
1.42 3-4=$1.36
or
1.6 3-4=$1.86
butterfly reversal scenario
if 3-4=0.78 X-3=$0.113
targets:
0.38 3-4=$0.23
or
0.88 3-4=$0.6
DOGE/USDT TRADE SETUP! 200% PROFIT EXPECTED!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Altcoin setup of DOGE. DOGE looks good in the daily time frame and currently trying to break the symmetrical triangle. If any daily candle closes above $0.26 then the break out is confirmed.
According to fib retracement 0.618 level (Golden pocket) is a strong resistance which is at $0.3. Once we break the $0.3 level then we see a big pump in DOGE.
Also, Elon musk is in favor of DOGE and he recently tweeted that he is holding BTC, ETH & DOGE which will push the price of DOGE. So buy now and hold it.
Entry range:- $0.24-$0.26
Target1:- $0.3
Target2:- $0.38
Target3:- $0.44
Target4:- $0.56
Target5:- $0.72
SL:- $0.22
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Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
SHIB Not Slowing Down!?This 1hr chart for SHIB has me howling for the moon!
It seems that we are breaking out of a symmetrical triangle or a bull flag formation. For me, the completion points of the two yellow measured moves creates the target range for the breakout.
If we move down, I will still be howling and looking for a bullish bat formation to develop. For me this will be a good reentry point.
What are your targets for SHIB?