DOGE appears to be breaking out of its condensing pattern, with it moving upwards from the symmetric triangle that's been forming over the past few days. However which such huge and unusual market momentum technical analysis is such a small part. I would never touch DOGE, but if anyone thinks otherwise comment below I will make sure to respond!
My answer is no. The technical aspects of gold are appearing to still be neutral. It has not broken up or down yet, and you shouldn't let your inner bear take over so soon. In my chart I show my most extreme long term predictions of golds price, up or down.
Ethereum broke above a possible head and shoulder on the ETH/BTC chart. If it would've dropped below the line of resistance it coud've meant ethereum would take a bearish turn. But NO! This in combination of it breaking over its top line of resistance on its wedge pattern signals big moves for the coin!
Litecoin is forming a perfect falling wedge, hitting resistance lines a combined 8+ times. A continuation falling wedge (one that sits upon an uptrend), is usually a bullish signal, and many more details can be found on the web. If bitcoin sees a breakout, Litecoin will follow, and most likely with more power. Bitcoin is currently significantly above its...
In this chart we see a very common head and shoulders pattern. It forms a right and left shoulder that are both lower than the head of the pattern, and the chart appears somewhat symmetrical. It has the entrance to the pattern coming from the bottom (it starts coming up not coming down.) This pattern is often a sign of a possible reversal, but is only a true...
Ethereum's ascending wedge could mean big moves are to happen in the future. So far it seems fundamentally bullish and higher lows in this wedge seem promising. A breakout to the upward side would be extremely bullish for ethereum and so far we have little reason to believe a downward bearish trend is coming. This is my first public chart and I'm just starting....
