Just some thoughts and analyze of
DOGEBTC
and it's cycles. I'm a long term hodler of my Doge bag, but will sell on pumps and buy on dumps during those cycles.
Only going to analyze the charts and how it looks at first sight, not using the indicators or anything else the volume.
Not in anyway investment advice, just some of my thoughts and analyze of what I see. DYOR!
My first public analyze so be nice ;P Will update over thread over time since it's long term
Here it goes:
1W Chart above
- Double Bottom
- LH and HL's, will next be a HL or a LL?
1D Chart Ascending Triangle
1D with a 3 drive pattern inside a Ascending Triangle, not with perfect fib levels on the 3 drive pattern.
- each Price Cycles 238 days.
Target: Triangle breakout / breakdown sometime during mid 2020, same period as BTC Halving
'3D Chart
3D Symetric triangle with LH (on shadows) and HL pattern.
- 225 days price cycle from top - top
Target: Next price cycle needs to break market structure and print a HH or any breakout / breakdown won't happen until mid 2020
Price channel on 3D Chart, needs to stay over channel support or it's invalid
DOGEBTC
and it's cycles. I'm a long term hodler of my Doge bag, but will sell on pumps and buy on dumps during those cycles. Only going to analyze the charts and how it looks at first sight, not using the indicators or anything else the volume.
Not in anyway investment advice, just some of my thoughts and analyze of what I see. DYOR!
My first public analyze so be nice ;P Will update over thread over time since it's long term
Here it goes:
1W Chart above
- Double Bottom
- LH and HL's, will next be a HL or a LL?
1D Chart Ascending Triangle
1D with a 3 drive pattern inside a Ascending Triangle, not with perfect fib levels on the 3 drive pattern.
- each Price Cycles 238 days.
Target: Triangle breakout / breakdown sometime during mid 2020, same period as BTC Halving
'3D Chart
3D Symetric triangle with LH (on shadows) and HL pattern.
- 225 days price cycle from top - top
Target: Next price cycle needs to break market structure and print a HH or any breakout / breakdown won't happen until mid 2020
Price channel on 3D Chart, needs to stay over channel support or it's invalid