FEG/USDT chart doesn't exist on the Tradingview so I analyzed FEG/WETH chart.
buy point:2*e-9 rocket launch time: 18 September
tp1=2*e-8 (%1000 gain in 3 days)
tp2=3*e-8 (%1500 gain)
tp4=4*e-8 (%2000 gain)
So the 2 time voted "grandma could do better" chart worked out pretty good as described in last chart, it broke the trend line down and retested the previous support where bulls were waiting and bounced 20%! BUT for this triangle variant, its not all sunshine and rainbows though, as things in the market rarely are. Still being cautious as anything could happen and...
SHIB/USDT has a violation of support right now. I would use caution in this token until it is above support again. Possible short sell opportunity to the lower EMA (red) View group for signal information.
I created and posted this chart a few days ago. So far it's been pretty spot on . I'm not sure we hit bottom stage 3 but if we do that will signal a large buy signal and hopefully a great value for new investors to get in or others to average down.
Red Path NAILED the Price action, and my previous Elliott wave chart is progress pretty well also so check that out. If you are actively trading this asset, you may want these lines. Moved the level labels around a bit and noticed RSI on the 1 hour has bounced off the bottom, last 2 pivots coincided with overbought oversold areas. Volume still dropping. Green...
I see that we have and inverted head and shoulders forming, perhaps even setting up for break out. If a bit more volume can come in while maintaing rsi , as Bitcoin holds or goes sideways, Doge should pump. Have targets at $0.25 and $.30 for now. (DYOR NFA)
Possible routes for Dodge prices
Assuming that bitcoin continues to move to the 50,000 level, Altcoins, including Dodge, will keep up with the increase
In that case, if Dodge reaches $ 0.23, it will most likely touch the $ 0.27 level again
On the other hand, if the Dodge price fails to turn the $ 0.23 barrier into a support level, it indicates weak...
I'm hoping that the consolidation is leading to accumulation, time will tell, so keep an eye on this one. I can't believe I'm trading meme coins. Watch macd and rsi for guidance! Keep an eye on ol' bitcorn too ;) Not financial advice.