Well... I think that people trading 40 milion $ a day in DOGE isn't that much funny.
I understand that this coin was made out of fun. Even its developer said it. Which doesn't mean this coin isn't well made.
It has a large community, well distrubuted mining which makes it more decentralized than many others.
Sitting on 400 milion $ cap, is...
The price has been in a overall bearish trend with strong bullish corrections for some time now. If the trend continues we are in a expectation of a bullish correction soon. But we believe that before correction price should get a little lower, probably somewhere near resistance line.
We wish you good luck with your trading!
28 / 24 / 20
DOGE is a solid PoW coin with a decent amount of transactions and a awesome community, even Elon Musk mentioned it.
It's also regulatory friendly for US costumers, no ICO and a fair distribution.
They say "Buy low, sell high", then what are you waiting for?
The price action has completed the gartley on month chart and entered in potential reversal zone.
From X to B leg the volume profile is showing that traders were interested to trade even below the B leg but did not trade.
From B to D leg volume profile is showing that traders interest is almost nill at this area so the priceline will take bullish divergence soon...
The chart shows we are resting on one of the important, long-term support levels. Because it is the level which most often gets a bounce, I bought some. But at the same time, it's also the highest level so I only bought a little.
The indicator below is the Mayer Multiple, it gives the ratio of the price and the 200 MA (should be used on daily...
After doge/btc forming a double bottom it just shot up a while above 21 EMA for now.
Resistance 50 EMA (42 satoshi)
resistance 200 EMA (53satoshi)
Resistance (optional) closing above previous longterm trendline (green) (59 satoshi)
support 20 EMA (39 satoshi)
support #2 +- (37 satoshi)
DMI : DMI + is...
Twice I've called alt season and twice I've failed.
Third time's the charm?
Alt charts should be making their way to the disbelief stage vs USD very soon, now that BTC has had its steep "sucker's rally".
I've seen the alt market act like this before, in December of 2017.
It appears the algorithms are using the same technique to hunt. Push down until there's no...