DOGEUSD(4 HR) : DOGE teasing us again with the downtrendMarket in the last 24hrs
DOGEUSD saw a major downtrend in the last 24 hours with the price moving from the upper to the lower Bollinger band. The trading volume has been on the lower side of the spectrum in the last 24 hours.
Today’s Trend analysis
As the price touched the bottom Bollinger band and the latest candle can be seen to be green this could mean that the price has accepted the Bottom band and we can see DOGE move in bullish momentum. There is a chance that this might be a false signal and we can see the price to continue its bearish momentum.
Price volatility was low at approximately 5.45%, with the day's range between $0.283 — $0.269.
Price at the time of publishing: $0.252
DOGE’s market cap: $33 Billion
However, the Indicator summary is giving a 'SELL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 7 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 12 are giving SELL signal, 1 is giving neutral and 2 are giving a BUY signal.
Traded volume has been on the lower side of the spectrum in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
Tothemoon!!!
Crypto TOTAL market is well reseted on Daily (3Trillions Target)Hello everyone,
I would like to share my view & my opinion on the TOTAL/USD
Because after extended beaarish divergence smashed the markets what was very healthy for further very likely continuation of bull trend (huge volume and other factors)
we found some very nice support in 30K and jumped fast back to 40K range. Microstrategy buying hundreds of bitcoins and other whales and institutions buying big sub 50K as much as they can either as long as newcomers will over react on fud such as "chinaBANbitcoin" elons statements etc which works just as fundamental catalys for technicaly expected drop.
Now after 50-60% corrections on many crypto assets. We are set to make a new high and reach 3 Trillion MC within next 2 months in my opinion. Hold your suits on, this will be wild
Shorts are still low. Huge trap happend
Cheers
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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DOGEUSD(4 HR) : DOGE finally recovering from the downtrendMarket in the last 24hrs
DOGEUSD saw a consolidated movement in the last 24 hours with price moving between upper and middle Bollinger bands. Trading volume is very low in the last 24 hours which could suggest that investors are having doubts about the market which could have led to the current consolidated momentum.
Today’s Trend analysis
Upper and lower Bollinger bands have come very close to the middle line which is an indication of low volatility in the price. Due to this the resistance and support line have come very close to predict any particular momentum. But since the price is currently moving between the middle and the upper bands, we can expect the price to move in a consolidated manner with a slight indication of bullish momentum.
Price volatility was low at approximately 4.52%, with the day's range between $0.253 — $0.275.
Price at the time of publishing: $0.269
DOGE’s market cap: $35 Billion
However, the Indicator summary is giving a 'BUY' signal on DOGEUSD.
Out of 11 Oscillator indicators, 0 are giving a SELL signal, 9 are neutral and 2 are giving a BUY signal.
Out of 15 Moving average indicators, 5 are giving SELL signal, 1 is giving neutral and 9 are giving a BUY signal.
Traded volume has remained low in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
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The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles.
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Any feedback and suggestions would help in further improving the analysis!
Doge Games: Pray For The Worst!So I'm still watching for this discount. Hopefully after this Elon diversion we can get back on track to the discount and buy some more Doge. I'm looking for the dip to happen now around .26... Look to get some support around .22 before going any lower. Doge is trying to regain some strength off these bitcoin bounces. Let's hope for the worst because we need the dips right now before the institutions unload their bank accounts on the market!
Still Bearish ETHI said it since the top and I'm still letting the profits run. ETH is a structural nightmare. Without clearing $2,800 on serious strength I'm looking south towards $1,400.
Completely willing to change my view with a change in the markets, but so far price is NOT buying the narrative. Sorry bulls.
BTCUSD: Accumulation Phase D to Complete & BTC Bulls rallyHi, don't forget to checkout other Previous ideas on BTC.
One thing to note is that the Wyckoff Accumulation Structure about to be Completed as we are waiting for the confirmation of Phase D to complete then E then after the Bull rally will continue.
Price has to break , close above and Re-Test @40653.34 for the market to continue with being Bullish.
Checkout the previous Ideas as this is just an Update to them.
PLEASE trade Responsibly and FOLLOW you own RISK MANAGEMENT.
Predicting Elliot Wave and Fibonacci for the next WaveAfter completing the Cup and Handle pattern fully, it looks to me as if we completed a full impulse wave 12345 with a ABC correction. This perception is also supported by the perfect fibonacci levels.
This suggests we are about to enter a new cycle. Since the Earnings report was incredibly bullish (25% sales growth, 49% earnings beat) and the surrounding news (new CEO from AMZN, new CFO from AMZN) is all very bullish, I expect another impulse wave to begin. We might have a flat correction in between first, but I don't expect too much downside.
The next movement I expect a 1 wave retesting 300, but getting rejected, retracing to 240-260. Then we will see the long 3rd wave, achieving a new ATH, finally in the region of 620. Before I expected this to go between 600 and 800, so this is a fairly conservative estimation. The wave 4 correction will take us back down to the 400s before pushing for the wave 5 to over 1k.
Important to note, that after this strong move upwards, we will see a triangle wave or running flat correction first, with 3-5 weeks of sideways trading. This will not invalidate the idea. Also another step backwards below 232 will not invalidate the idea, just change the numbers slightly.
I consider this idea failed if we drop below previous wave 1 which is around 180.