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 extremely careful with your positions, because the trend can reverse. Keeping these facts in...
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. Lets See Happy Trading Smart Trading Money...
We may see a nice push through the top of this wedge creating a retest followed by a nice spike to .36+ or well fall below the wedge then consolidate around .28 & .30 through the weekend.
I believe we'll see a slight pullback then we need to pay attention to the Volume, if we're able to catch Volume we may head to .35+ Saturday afternoon. We very easily could have a sell-off then a Consolidation Phase through the weekend.
We just broke above the upper resistance of the wedge, what we may see next is a slight pullback before we head to .34+ through the night. If we do fall back into the wedge we may consolidate today heading into Friday morning, the next trend will set up the weekend.
After we consolidated we rose right into the previous wedge which is now a continuation. The good news is we're nearing the end of this wedge typically leading to a new trend with a spike. We are going to see a minimal pullback to then test the top of this wedge, from there and f we decide to have a sell-off well potentially fall to .25 which has very strong...
This will play out as a fake breakout & fall too .30 followed by a consolidation phase or we will continue this new Uptrend pattern & test .36 as we roll into Thursday morning.
As you see here we've been riding along this Uptrend resistance very nicely. We created a Triple Bottom but ended up consolidating a bit heading towards to the trend line, now that we are here the 2 things we need to look for is a cross over or Touch & Go. If we do fall below the trend line we may see .28 again followed by a Consolidation phase heading into...
If we have a brief look, we can mention the ascent, because after two months, it has suffered an ascending slope. But the worry is that there are so many pressures and resistances that need to be broken The 0.37 range seems to be very tight and the 0.45 range is another barrier to climb, in which relatively large traders may take action. If the resistance...
As you see here we've created a nice falling wedge pattern along with a Triple Bottom on the chart as well as the RSI Indicator. If we get a push through the top of this wedge we will see a slight retest then a Uptrend to approach .35 again. If we do break through the top & on the retest continue to have a sell-off we may continue to fall down to .29 resistance &...
Doge above that white line is more interesting However dogecoin is gonna go for $0.43 and maybe more (It depends on whether breaks it or not) Resistance levels : 0.43 - 0.73 Support levels : 0.28
If you go all the way back too April '21 just before the massive Bull Run we had a Consolidation Phase which we just came off of starting in July running into Aug. Next we broke into an Uptrend, yes in April it was larger than the one we are seeing now, but it's identical to where it has started & finished. Next was the Bull run that sent us too All Time Highs,...
If we do have a pullback, it will be a healthy at that. We may fall to our previous resistance at .30 then give .35 another shot. We very well could continue on this massive Bull run, but if we do cool off a bit it might be a great time to buy in before the next leg up.
We've broken through this wedge pattern & may see a slight pullback before we make a run to the .34 resistance. If we do fall back into the wedge we may see a large pullback to .26 - .29 consolidation phase. I believe we will see Doge at .35 Monday morning then pushing .40+ as we near next weekend.
After made a huge consolidation as a falling wedge pattern appear, DOGE would still goes up to reach their objective target @0.58xx. Buy on weakness should be your consideration or try seek an inside bar to entry. Invalidation start if the price weakening and close below @0.1500
After a review, we came to the conclusion that the only thing that kept Doge alive was the bit After two months of suffering, Dodge has now taken an upward slope and has a resistance ahead that has been hampered by a weak bit strength. If the bit gains power and the Dodge closes with a powerful candlestick above the resistor, its first target will be its next resistor.
Expect a big swing to come into play as we move through the night into the weekend. I've gone ahead & labeled 4 major resistance points we should pay attention too for reference points. Bullish: we may see a slight pullback to a very strong resistance which I expect us to bounce off & test the upper trendline with a breakout. Bearish: we break below this...
Were at a point where either were going down .05 or up .05 in our next move. If Cardano continues this bull run along with BTC growing stronger, we very well could be headed to the .33+ range.