After QNTBTC and potentially TOMOBTC I can't remember any really massive base formation (strong accumulation - consolidation) vs BTC at a bottom. DOCK had that massive capitulation vs BTC in 2018 and 2019, but in August of 2019 it bottomed and since then it hasn't made any REAL new lows, only briefly sweeping the 2019 ATLs. From early Nov 2020 since end of Feb...
Hi every one
DOCK/BTC gas formed a Cup and handle pattern. this means that the Price has a great chance to break this pattern upwardly and continue It's bullish movement! If Dock manages to break this pattern the price can increase as much as the measured price movement.(which is as much as the cup's Height!)
Traders, if you liked this idea or have your...
Hello traders, DOCK / Bitcoin is in a descending triangle in fake bearish momentum with reduced sell volume and volatility. The RSI is in the zone of under sale and an imbalance on the MACD and it seems to be doing a cross with a bearish signal. But this one will not last long we can see a wick on point E with the support area to act as a blocking. Last dip in the...
* Dock wants to break weekly triangle. Previous weekly support is 213. Therefore it may act as a resistance. We need to make it support again.
* Previous resistance is 163ish sat. We need to turn that into support by weekly closing above it
* Bullish MACD Cross
* Bullish StochRSI Cross
* Price is above 50 & 100 EMA
* Bullish continuation Flag on 1D & 3D