Here is the analysis of DOGEUSDT trading pair, which was voted for in the "Bitcoin Weekend #17" idea
By the way, in "Bitcoin Weekend #17" we wrote that when the value of BTCUSDT starts to enter the liquidity zones of $48000-50900 and $50900-54200 you should be...
I believe we may see a large pullback too .15 as we approach October.
I analyze the S&P 500 chart from time to time & we have just hit the top resistance in the uptrend we've been in since Feb 10th. We may see a large pullback of about 30% which will also have an effect on Bitcoin, with that being said we all know that Bitcoin controls the Crypto Market so we...
Hellooo...My Dragon Friends
for this week DOGE movement just finished or follow the old chart.
i put my old chart at related ideas.
Hellooo...My Dragon Freinds
1. We can see triangle rule, break down will going down go to TP next support.
2. we can see trend line rule, break down will going down go to TP next support.
3. or double top pattern.
all need break 0.29344 for clear confirmation.
if not break, DOGE just move uptrend follow the trend line.
gotta wait and see what will happen . targets are shown on the chart . I added an image of 45min time frame , and as you can see , we have two MACD divergences , and both could be a sign of changing trend .we also have a bullish bat pattern so I expect it to rise . but still have to wait ... if it broke the top of the rectangle , I expect the green way . but if it...
Our most important support level is at .23, if we break this level we may fall too .20 followed by a consolidation phase.
Or we could consolidate between .23 & .26 through the weekend.
Slight possibility of a breakout moving into early Saturday morning. 🙌🏼
I placed arrows that are correlated with the RSI, Green represents the Oversold & Red represents the Overbought.
Where we are now is at an Oversold zone, which I do believe we may see a Bullish reversal to test .30 through the weekend with a consolidation above .25
Or we could see a Sell-off & create a Double or Triple Bottom like we've seen plenty of times from...
We will see .24 as we head into the weekend but must watch to see if we break the .23 Support level, thennwe may be seeing a complete bearish reversal. If we are able too bounce off of .23 then retest & break through .24 getting into .25 then we'll be heading in the right direction.
We could consolidate between .24 - .27 as we approach the weekend which is a great sign moving forward. Or we could get a Bullish Reversal & make our way back into the wedge & continue on a Uptrend too .35 next week.
I highlighted a Blue Support zone that we could fall too nearing .28, then continue moving upwards. Or we could fall too .300 & use that momentum to uptrend out of this wedge pattern & on our way to .32
Dodge is ready to move towards 38 cents in the short term after breaking a triangle.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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Doge look like so great and we can expect have a great movement because if we look at btc or ada and eth we witnesses a great jump in 40 days ago but doge was off .base on popularity and support via some rich men such as Elon Musk and others we should wait for a good jump.