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Alexander_Ag
Sep 30, 2017 11:26 AM

DOGE Long

Dogecoin / BitcoinPoloniex

Description

DOGE train arrived. DOGE very close to leave down-trade channel, I don't see strong signal right now, but in a two weeks or so we can expect first uptrend moves. Last wave (from April till now ) has a faster down-trade to compare to older waves. In my opinion market faster moves may bring higher peaks. I already in. Let see what happens! Any suggestions and own thoughts are welcome.

Comment

First signals

4 hours


1 day


1 week

Comment

After first signals we have small jump from 16-17 to 22-25, new accumulation level expected at 19-22.

Trade active

Old monster coin DOGE woke up.

Trade active

Price bounced from the resistant line.

Comment

DOGE again testing resistance line.

Trade closed: target reached

DOGE broke resistance line.
Comments
lachaineduquiz
I agree with your analysis. The breakout is inevitable in the next few days. The calm before the storm.
Alexander_Ag
We can see first signals on 4 hours, 1 day, 1 week chart. More than 1 month gone after trade exit from downward channel, we are in accumulation phase.
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