DOGEUSD(4Hr) : DOGE setting on a sideways movementMarket in the last 24hrs
DOGEUSD is moving sideways as the price went below the week's trend line. Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
DOGEUSD is expected to move sideways between the middle and the upper Bollinger band along with the trend line.
Price volatility was high at approximately 5.2%, with the day's range between $0.253 — $0.283.
Price at the time of publishing: $0.272
DOGE’s market cap: $35.6 Billion
However, the Indicator summary is giving a 'BUY' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 1 is giving SELL signal, 1 is giving neutral and 13 are giving a BUY signal.
Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
Tothemoon
IoTeX, Pump-and-dump Scheme or Sustained Rally?IoTeX’s (IOTX) cryptocurrency price reached a new all-time high above $0.12, becoming one of the hottest digital coins this week. Currently ranking as the 99th most valuable cryptocurrency, based on data from CoinMarketCap, IoTeX has a market cap of more than $800 million and a total supply of 9.6 billion.
Pump and Dump Price Structure
Is IOTX’s trend a pump and dump or a sustained rally? Well, the anatomy of a pump and dump price structure is fairly simple. The first element is a strong initial rally followed by a quick sell-off. In May 2018 and April 2021, IOTX's price somewhat exhibited this pump and dump pattern. However, in both instances, the volume was light, and the stochastic oscillator revealed overbought conditions.
This time around, the price is not showing overbought readings on the stochastic oscillator, and secondly, the volume is slightly higher. These two conditions might support the bullish case scenario.
However, the price must not retrace more than 50% from the current rally.
Looking forward: The bulls need to defend the considerable round number $0.10 to keep the bullish momentum going. Additionally, the weekly candlesticks need to not have a big upside wick because this is a sign of weakness. In May 2018 and April 2021, the price action presented weekly candles with long upside wicks, leading to a sell-off.
XRP/USD BREAKING THE FALLING WEDGE PATTERN, POTENTIAL BULLISH?XRP/USD is moving in the bullish continuation pattern. Furthermore, XRP/USD is breaking the falling wedge pattern, we foresee that XRP/USD has the possibility to continue moving upward to the target area.
The roadmap will be invalid after exceeding the support or target level.
DOGEUSD(4Hr) : DOGE climbing slowly and steadilyMarket in the last 24hrs
The price moved from the midline to the upper Bollinger band in the last 24 hours. Trading volume has been very high in the last 24 hours.
Today’s Trend analysis
The price is expected to continue to move above the trend line in a consolidated bullish momentum.
Price volatility was high at approximately 6.1%, with the day's range between $0.245 — $0.273.
Price at the time of publishing: $0.267
DOGE’s market cap: $34.98 Billion
However, the Indicator summary is giving a 'BUY' signal on DOGEUSD.
Out of 11 Oscillator indicators, 3 are giving a SELL signal, 7 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 0 are giving SELL signal, 1 is giving neutral and 14 are giving a BUY signal.
Trading volume has been very high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
TA ON CL1! WITH POTENTIAL SETUP!!!??!?!?!?!?!?!?!?!?!I DON'T KNOW WHY I'M IN TYING CAPS, ALSO WHY I PUT QUESTION-MARKS AND EXCLAMATION MARKS IN THE TITLE. so, apparently, i couldn't publish the idea with caps so no I'm typing things here in hope it's going to compensate since I'm way to lazy when it comes to rewriting a shitty sentence.
Is Bitcoin in real trouble?Well, some sneered a few weeks ago when I pointed out the 1D trend switch, that created a probability of a 50% correction. It happened. There was a deafening silence thereafter.
As I say too often trend switches create probabilities which predict nothing.
In this chart I'm looking at the 3D time frame where price has moved up to touch the ATR line. This is usually a critical point. It doesn't mean that price is bound to reverse.
If you believe Bitcoin is going to $500,000 this is your opportunity to put your money where your mouth is.
If you believe price is likely to vacillate at this this level and travel further south then you short it - at your own risk of course.
If you are a sensible trader and you want to wait - avoiding FOMO - then do that.
The great thing about trading is that you can do whatever you want!
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
DOGEUSD(4Hr) : DOGE moving sideways in a descending triangleMarket in the last 24hrs
The price moved from the bottom to the upper Bollinger band in a slightly bullish momentum in the last 24 hours. Trading volume has been high in the last 24 hours. The trading volume saw a huge rise and has been increasing since then.
Today’s Trend analysis
The price is about to exit the downward triangle thus will have low volatility in the near future. If the price exits above the triangle we can expect a strong bullish momentum or else if it breaks below then a strong bearish momentum is expected.
Price volatility was low at approximately 1.23%, with the day's range between $0.195 — $0.203.
Price at the time of publishing: $0.2
DOGE’s market cap: $26.22 Billion
However, the Indicator summary is giving a 'NEUTRAL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 6 are giving SELL signal, 1 is giving neutral and 8 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
I Think Bitcoin Will Maintain Its Support ZoneBINANCE:BTCUSDT
I think that Bitcoin will maintain the support area, and return to test the forty thousand levels, and if it fails again to break it, there is a possibility of a violent decline, and if it can break it, it will be a strong rise to the top, but now I do not see from my point of view a violent decline.
I am thinking of buying when there is a false break of the support area shown in the chart
This is not investment advice, but rather a personal analysis. Do your research before trading or investing
Check My Previous analysis about BITCOIN it's intrested
I wish good luck to everybody
DOGEUSD(4Hr) : DOGE saw some recovery after 3 bearish daysMarket in the last 24hrs
The price saw a bullish momentum as DOGEUSD accepted the bottom Bollinger band as a support line. The trading volume has been very high in the last 24 hours
Today’s Trend analysis
The price can be seen moving above the middle Bollinger band suggesting that the price has rejected the middle band as a resistance line and a bullish momentum may be in the future till the price reaches the upper band.
Price volatility was low at approximately 2.92%, with the day's range between $0.194 — $0.203.
Price at the time of publishing: $0.201
DOGE’s market cap: $26.28 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 1 is giving a SELL signal, 9 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 9 are giving SELL signal, 1 is giving neutral and 5 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
DOGE TO THE MOONIf you looking at the chart right now you will notice the trend right now my prediction is 60% correct that accordimg to my analysis dogecoin will take a little dip before spiking when it take the dip i advice a successful buy
Im still going to monitor the market before the dip im going to keep updating
ADA Cardano Short opprtunityred dotted lines - support
green dotted lines - resistance
Purple line - expected projection
Good opportunity to short ADA to around $1
$1 may be a great buying entry point however if we fall below 0.98 we can expect to fall to around 0.77 which will be a great entry point for Cardano