A bit of technical analysis on the newest hotness, CULT DAOWill CULT DAO take out another ZERO? The charts are screaming, "YES!"
⛓️ 🔗 Useful Links 🔗 ⛓️
(see below)
Memecoins
The memecoin prints a falling wedge Hello traders!!
That is my new idea :
Doge is looking bullish mid term target 0.21
I will consider to enter a long position here in DOGEUSDT due to this reasons:
-Falling wedge patter with upper line already broken
-Price situated over a medium support and congestion area that was broken with the BTC drop and reclaimed
-Descending volume
Procedure:
Entry now with stop loss below the last wick a 0.1359
Targets 0.1570 | 0.1770 | 0.212
Setup cancelled if daily close under the blue box and BTC losses 40500 support.
I will be glad to see what do you think in the comments.
I express only my opinion, do always your own research.
No financial advice.
mri looking like it's getting to make a next leg higher I've been in this since early Feb and its been a wild ride my first meme play I threw a decent bag at. Haven't started scaling out at all yet and will look to start doing so on the next leg up. Looks like a potential bottom might be in but its hard to tell and really depends on what kind of traction and hype this gets in the coming weeks. Definitely not something I'd like to hold in a bear market so hopefully the sooner the better.
BABYDOGEUSDT, We are moving in upward channelHello everybody
Finally we analysed one of the most popular meme coin in these days.
Do you anything about token burning ? Do you anything about the community of BABY :D ???
If you want to learn Fundamental & Technical analysis send us messages ---> Our id is in profile
According to the chart you can see the market of BABY is so amazing that is moving in upward channel and we expect the price reach to the below of the channel then its ready to move upwards and rises toward both of target.
1st Tp is midline of channel and the 2nd one is upper line of channel.
Until the zone that we shown on chart is not break down and consildate below of that zone the trend of price is upward and the analysis is valid
Good Luck
Abtin
Can Dogecoin’s Double Bullish Divergence Revive the Uptrend?Dogecoin (DOGE) has consolidated its recent losses, but several bullish signals call for a potential reversal. The DOGE daily chart has printed a double bullish divergence against the MACD and the RSI indicators, which can limit the short-term downside pressure.
Double Bullish Divergence
First, DOGE has formed a bullish divergence against the MACD indicator. DOGE's price made a new lower low on January 22, while the MACD indicator printed a higher low, which indicates a shift in the momentum.
Secondly, short-term DOGE has formed another bullish divergence against the RSI oscillator. Against the January 10 low, DOGE made another lower low, while at the same time, the RSI oscillator printed a higher low.
The confluence of the two bullish divergence signals seems to point for a temporary bottom at the $0.12 swing low.
However, long term, the bearish trend remains in motion. Only a daily break and close above the 200-day simple moving average can signal a fundamental change in the trend direction. Additionally, most RSI readings are printed below the mid-level 50, suggesting that we are not out of the woods just yet.
Looking forward: The first major resistance level comes at $0.20, followed by the $0.21 pivot point.
SHIBA INUHello Everyone
SHIBA's bearish pattern is over now. It is in a 0.000020 strong resistance level. In the next few weeks, the SHIBA will run sideways and in the middle of March, the bull run will be started. Don't panic, hold your SHIB.
SHIBAHey traders, in today's session we are monitoring Shiba for a buying opportunity around 0.000028 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
DOGEUSDT - LONG DOGE/USDT analysis
Doge making a double bottom pattern in the W1 time frame.
Entry and target in the chart.
This is not financial advice, trade at your own risk.
Akita needs two months to consolidate in the channelin this leg trade for the %200 gain in the channel and next time buy at the floor of channel and don't sell at the top of the channel.
Dogelon, the next Shiba?Dogelon, possible formation of cup and handle. We might still see the price to go down to complete the C wave and form the handle. Will this be the next Shiba?
bullish pennant on $SHIB 4HSHIB looks ready to launch again. the second impulse definitely got delayed. Trading sideways building a base is even healthier than an immediate pump because the saying goes "the bigger the base the higher the space"
Doge broken symmetric Tringle, could start new really to 1$!! Technical analysis: #Doge(Daily update)
* DOGEUSDT is BREAKOUT the symmetric tringle pattern, the beginning of an uptrend is expected from here.
*The price is trading ABOVE Both MA's (21- MA & 50 MA) AND also Golden Cross over happen, LOOK too bullish, it could start new really to 1$ or more soon!!
Take Profits,
TP1= @ 0.45
TP2= @ 0.73
TP3= @ 1 and more
SL=close BELOW 0.20 on daily bases.
🥰If you find this helpful and want more FREE forecasts in Tradingview😍.
Please show your support back🙏,
Hit the 👍 LIKE button,
Drop some feedback below in the comment✍️!
❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝
💎 Want me to help you become a better Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let me know how you see this opportunity and forecast.
Trade well, 💪
#DOGECOIN #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND #ELONMUSK #DOGEFATHER
DOGE long on daily #DOGE is showing strong bullish momentum. Resistance level was broken supported by an enormous spike of volume. After the daily candle closes above the resistance level, the continuation of rally towards the resistance level at 0.56 is inevitable as meme coins are on fire right now.
wow... $SHIB1000% increase in a Month... Unreal
If you're looking for an alternative $SAMO has gone up 2,200% in the past month, but "only" at a 225m market cap...
Doge On The Upswing (3% quick move)I have a small scalp target, lets see how it does, I feel like we bottomed at least for a moment. Not financial advice.
DOGE Dropping?I've never charted doge, it was looking bearish but damn it started dropping faster than I can chart or type. Lower target established. Not financial advice.
Shiba Inu Retest 2000-2500 Range in consolidation b4 NEW ATH !!!I created and posted this chart a few days ago. So far it's been pretty spot on . I'm not sure we hit bottom stage 3 but if we do that will signal a large buy signal and hopefully a great value for new investors to get in or others to average down.
Doge Could Rise In The Coming WeeksI see that we have and inverted head and shoulders forming, perhaps even setting up for break out. If a bit more volume can come in while maintaing rsi , as Bitcoin holds or goes sideways, Doge should pump. Have targets at $0.25 and $.30 for now. (DYOR NFA)
When doge and shib pump check the memes I checked meme coins that still had price action and didn't go to zero
Dogelon was the best setup Idea. paid off, taking profits
HOTSDT: BREAKOUT RISING WEDGE AGAIN, ANOTHER SHORT OPPORTUNITY?Hello Fellow Traders, here's your free outlook for HOTUSDT! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :)
HOTUSDT already brokeout from the rising wedge pattern. Breakout of rising wedge pattern could indicate the possibility of bearish movement. The momentum indicator crossed downward below the zero area, it signify the potential downside movement ahead.
The roadmap will be invalid after exceeding the resistance/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the cryptocurrency
SHIB/USDT analysisHi;
According to the chart, there is divergence between the price and MACD & stochastic indicators. We can also draw a trend line from 12 jun. fib retracement shows a support at fib 0.5.
In fundamental point of view, based on blockchain data there is an increase in number of coin holders from yesterday and from the beginning till now. Also there is an increase in number of top holders. It shows that whales did not sell their coins and prefer to hold.
Thanks in advance for your valuable comments and likes.
Tomorrow $DOGE for sureDOGEcoin reaching some point tomorrow for sure and is doing some thing again or not. Or who knows but maybe even more sideways lol
