TrapGuad

TrapGuad

Dogecoin has been consolidating nicely over the last weeks. Waiting for a breakout of this bullish pennant formation. MACD also shaping up nicely. First price target is around .44, could easily see it within a weeks time frame. IF that is met and broken i anticipate new All time highs for Doge coin. Happy trading!!!!

TrapGuad

Possible breakout up or down with a higher chance of it breaking upward with the anticipation of the "mysterious" advance payment company being identified. Trading above the 200ma, we could possible see new 52 week highs by year end imo. Happy trading!!!

TrapGuad

The price has already broken down out of the rising wedge and I suspect a little more further downside. The Neckline support has already broken and retested. Possible 1642 Target early next week before a possible small push up. Would open short if the 1681(support) does not hold till around 1640. Happy trading !

TrapGuad Updated 

Clearly gold is presenting itself in a bearish channel. After Gold peaked and hit strong resistance yesterday. I had to change my wedge lines to complement the resistance at the top 1740-1750ish historical support area. not only is a head and shoulder pattern forming on the hourly, but there is also a rising wedge that could possibly complete and drive the gold...

TrapGuad

Possible correction near term. Price fails to break the higher resistance for the 3rd time. I anticipate further downside next week when the wedge breaks. happy trading !!