Hi everybody! I hope your portfolios have been resisting the latest waves of volatility in the markets! This is just an update on my DOGECOIN Idea that I wrote back in February. The two green lines that appear in the graph represent the previous resistance and support levels of BINANCEUS:DOGEUSD 's previous bull run from early February. As you can see the new...
This is on a 1month data range. Following yesterday's test of the ceiling, we can observe a new base has been sate (the grey line) as well as a short term ceiling (the upper grey line) causing a channel pattern. The trend seems to be pointing out another test of the ceiling, and if the trend has enough momentum it will be able to cross its and maintain its new...
This graph shows the price patterns and the trends. As you can see the time range for this graph is 1M. I am expecting the price to reach the green circle if the trend prevails . The Blue channel represents the bigger/overall trend that was formed around a month or two ago. The yellow line indicates the support levels. The white channel represents where I am...
This is on a 1month data range. Ethereum starting the week with two new record highs. The horizontal red line represents the new price ceiling that was set today, around 1825 ETHER/USD. During the last 3 hours, the price of Ethereum has spiked and is testing the new ceiling again. The MACD shows signs of a potential uptrend. We can also observe brief price...
After this morning's dogecoin dip in price. I created new trend parameters to measure how strong the new trend is and where the price can potentially go. The purple dotted lines represent the most recent, short term trend that the price is taking (based on 1-day data). Should we panic after this dip?? No! The yellow lines represent the bigger and overall trend...
Dogecoin close to crossing the resistance level (pink bar) potential increase in price. The next peak should be following the red channel. (This is not investment advice and this information should not be used as material information to trade. I am not a financial advisor and I am not giving investment advice or anything of that matter. Past performances are not...