Hello traders, we are a year further from this post and the situation has not changed much, is it? the price again strongly rebounded southwards from the strong resistance at 0.087. What can you expect in this situation? taking into account that the time frame is more than a year, the price should continue its attempt to break through the resistance. from my point of view, the price should try to break 0.087 again in the coming days. The price should reach a ceiling of 0.12 by the end of the year, which is equivalent to a 60% increase from now on. This is exactly the opposite of what happened last year Promises to be interesting. Regards
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There may be a parabolic increase, i.e. faster than on the chart
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The balloon has burst, I hope your reactions were quick
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Hello, the price is under heavy selling pressure, I think that at the moment the price will test MA200 at the level of 0.0855-0.0871 on the 4-hour chart
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Hello, the price has reached support, I expect that the price should move to a bullish correction in the near future.
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Hello, the price has reached resistance (previous support 0.0938) and is heading back towards 0.0875. A reconfirmation of MA200 and a strong rebound towards 0.095 are expected in the next 2 days. Regards
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It's all full of holes like Swiss cheese :)
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And there we have it, a strong breakout
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Hello, the price is still bullish, a permanent breakout of 0.0975 will be an opening to tests of 0.105.
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Test 0.0875 is still possible
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Hallo traders! Was the price supposed to surprise us just in time for Christmas? price can be expected for combo resistances? The price is currently under strong resistance at 0.0938. A move towards MA200 may only strengthen the breakout.
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HI friends, it's terribly difficult to break $0.095, the price is in a trap, predicting the move is very difficult, but let's stick to the increase at 0.105
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Hello traders, what we have on the chart is a huge fight, there are a lot of long term contracts at this level, we have slowly broken through the falling resistance, but we still have to break permanently $0.0938. I am betting on bullish reactions.
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Traders, nothing will come of it for now, there is a correction coming to the level of USD 0.085 or maybe even lower to USD 0.08
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Hello traders, today I have some bad news for you, if the current weak support at $0.0087 is broken, we will face something unknown ;/
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OK, last breath, if the price rebounds from 0.087 on Saturday, we can calm down to $0.26 :)
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One of the options in the near future
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Hello it looks like we are observing an inverted H&S pattern, which may mean a strong breakout soon?
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Target for the next days
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Hello traders, what can I tell you, the logarithm is inexorable, if the price drops below 0.071, I will be forced to close my positions for the next few months ;/ but since I am an optimist, I believe that the price will not go below 0.076. Let's keep our fingers crossed for a while?
P.S. get ready to touch the water until May this year :) this theory can be seen here: Best regards, and I do not recommend my theory as a speculative purpose
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Big Picture
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Hello, $0.27 is expected to be tested
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The price of 0.0105 should be the temporary end of the bearish correction?
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Hello, it looks like the price will try to reach the resistance of $0.26 and then break the 3/1 fibonacy on the chart. After this breakout, there may be another increase to the limit of 2/1, i.e. 0.42 - 0.44 dollars. But it depends on a few factors. I'll see how the situation develops in the next few days. Regards
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The rebound at MA50 on the 4-hour chart coincides with the 4/1 fibonacy. Does this seem like the best time to top up our wallets?
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Hello, but the price checked MA100 and MA200 on the 4-hour chart to be sure before the next bullish correction, but the price is still in the dangerous zone, only going above $0.2 again will give the green light to pack up. Good luck
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Price ready to break 0.2?
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Up Up fly away
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There is another breakout from the triangle, but still under strong resistance of $0.2
make your mind up. up down which way are we going?
John-Burr
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@harrydog1, "it's either going up or down, here is why." LOL.
newyorkisheaven
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thanks for the updated analysis. keep up the good work.
TradeKingPro
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Doge going down?
John-Burr
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We need to cool down before shooting rockets. I see you abandoned the gap theory. 🙏✨️
seba26-77
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@John-Burr, The gap theory is one of the options on the market, and there are as many possibilities for assessing the market as there are analysts ;) I think so too, seeing the weekly chart, especially the RSI, but history repeats itself and has shown many times that indications are not always obvious.
seba26-77
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@John-Burr, And what changed during the year on the chart is that the MA200 (orange line) bowed out in price and just wait until it jumps on this carrying surfboard
seba26-77
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@John-Burr, What you are talking about, the so-called cooling should occur from 0.12 to 0.087 for 2 months just before the halving, then a new peak around 0.3, then there will be a reaccumulation for a few months, and then a big boom, but as usual, these are just assumptions