1INCh is approaching the absolute lows and this may be bad for those that are holding their positions from the last bullrun. However, those that have not got any 1INCH, they are in luck! Once price finds its bottom, it would be good to buy some 1inch to hold until the next big bullrun. The downside is very limited but there's alot of potential to make upside...
WEEKLY TIME FRAME
This is This is exactly Butterfly pattern.
B= Fibo Ret 0.786 XA
D= Fibo EX 1.272 XA or 1.618 BC
Usually the butterfly pattern changes the trend. (Reversal Patterns)
This is a personal analysis. Therefore, do not trade based on this analysis.
SXP has recently bounced off the triple bottom as indicated on the chart.
Ideally we'd want a strong daily bullish engulfing candle to indicate a full reversal - which we didn't. This is why it's important to be cautious when entering longs from here. The best place to enter would be the 0.60 area where we have a strong level where price started its bull run.
IF...
From first look at this chart it can be overwhelming... But let us explain.
We look to be in a descending channel and respecting it well. It could be that we bounce from the current level back up to the 66 level. However, if we reject the channel resistance, we could make our way back to the 12 to 16 level where the 2021 bull run started. That would make for a...
Our last VET analysis got invalidated due to the crypto crash. We had to zoom out and find out the meaning behind the madness.
We can see that price is in a wedge and approaching a level which we bounced off from 3 times. We could potentially bounce off it once again.
We have the -0.27 fibonacci at $0 which is very unlikely. However, if price drop close 0, it...
Be Ready guys!
Don't be late!
Doge has been seen the lowest price
It is ready for Pumping
This week is great week for doge
every indicators show LONG signals
It happens before new year
At the start of the year, we saw a beautiful impulse which pushed Theta up over 2000%. We have been stuck in a correction ever since but it appears we may see the end of the correction very soon.
We have 2 key areas which we are looking at.
First area: $3.60
We have the recent lows and the 78.6 fibonacci
Second area: $2 to $2.60
In this area we have the...
Let's see how DOGE is behaving.
This is a 1D chart.
Bollinger Bands are expanding while the price pushes down on the lower band. (This is a bearish sign)
The Fib retracement shows that the price has already passed the two main supports and turned them into resistance. (This is another bearish sign)
The market is showing Sell volumes for DOGE. (Another bearish...
elan musk's popular dogecoin.
The popular currency of the digital currency man who picks it up and down with his tweets and this is a personal idea for this asset and not an offer to buy and sell.
Dogecoin shows huge distribution during past 7 months.
Bad news for HODLers, it is going down and it is going very deep. Nearest possible strong support that could keep it for a long term (and also a good buy opportunity) is at around $0.005 - $0.007.
I expect Doge to make a final breath of correction after which it falls down to less than a cent.
ChainLink is currently within an ABC correction. We are approaching 2 areas of interest where we will be looking to buy and HODL.
First area: $14
We previously reacted to that level and bounced off strongly. We could potentially create a local double bottom and then move higher from there,
Second area: $8
Price reacted numerous time to that level. We also have...
XRP is approaching a key level where we may see the biggest wave (wave 3). We are currently in an ABC correction with the C wave possibly finishing at the double bottom region at 0.5.
Trade Idea:
- Watch for bounce at the end of C wave at the double bottom area (0.5)
- When bullish price action appears, enter with stops below the recent lows
- Target $1.90 as...
Dogecoin has been difficult to read as of late but going to the higher timeframe, it can be seen that we had a clear impulse down and then an ABC correction and we're at the start of maybe another impulse down.
We have 3 major levels which we are looking at for a bounce.
First area: 0.17
Price bounced off this price multiple times and we are now showing some...
For holders, doge can be a very profitable asset. Great ATHs are assumed in a long run (1 or 2 years maybe). As I said, Doge is really targeting the moon, but first, it should make all margin and future players liquidated. The current negative market is an opportunity to buy more!! it's Black Friday.... nowhere else you can find this much discount on an asset! so...
Will #DOGECOIN reach to 1$ ?
Examining the #DOGECOIN chart in the weekly time frame : we see that the price has been fluctuating in the range of 16 to 35 cents since May 24, 2021, and does not follow a specific trend (trading range). We expect the price to start to rise again this week and Grow and reach its first target at least up to 34 cents! The first...
After the recent crash in Crypto, the market has changed slightly. The corrective phase has just got bigger but we're still very much bullish.
For Cardano, we can see that the $1 level holds a lot of weight. On several occasions. price has reacted to the $1 level and successfully bounced from it. We are yet again approaching that level and we have a number of...
