Hello friends and welcome to my analysis of Dogecoin. Taking a look at the 1 day candles, you can see that Dogecoin has retraced considerably, at one point reaching the 78.6% retracement for a brief moment before recovering above the 68% fib level support zone. Important to note here, is the overall trend line serving as support for Doge during in recent failed...
Taking a look at ETC's recent pumps and retracements, It is very easy to tell that is moving almost perfectly in respect to fib levels, the strongest and most recent rally stops almost perfect at the 38.2% fib. Important thing to note here, is the retracement of the most recent rally which bounced very strongly off of the 68% fib level. As shown on the graph, the...
Taking a look at how ICX has retraced from its ATH, its retraced and bounced of the 61.8 Fib level, indicating a strong support level in the 61.8% and 50% retracement range. Taking a look at the RSI, ICX bounced off of the 61.8 retracement forming higher lows indicating a bullish divergence. The MACD also looks promising showing a bullish divergence which could...