Trade ideas
Doge/BTC Outlook.
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)
Indicators :
DMI : DMI + is crossing above DMI- indicate a buyer pressure is surging while DMX is still low indicate a low momentum strength for now as it will developed in near future.
MACD : MACD is pointing upward and ready to test a resistance to break into bullish territories (above the histogram) buyer histogram also higher than previous high which is a good sign for bull trend to developed.
DOGE/BTCTwice 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 sellers left, then retest. Short term Adam & Eve.
Will the alt boom be as meteoric as December 2017?
Before, I was under the impression it would be a slow, tangent rise to the disbelief stage, but then we saw what BTC just did, so I looked back at the dot com bubble.
Same players, similar game.
Amazon, for example, took 40% of the time it took for its depression phase, to get to the top of the disbelief phase.
How does that look for alts? ~200 days of depression phase = ~80 days of uptrend to the top of the "sucker's rally".
Alts that are going to survive should be able to go to 35%-65% of their peaks of the bubble, in this phase.
DOGE, for example, peaked at $0.02, so it should be able to make it somewhere in the range of $0.007-$0.013 within this 3 month period.
While BTC falls value, into disbelief, this should show a 3-6x rally, relative to BTC.
DOGEBTC May Begin Pump Weekly Candle Beginning May 27, 2019If you look closely at when the Red RSI in Godmode hit the Yellow ENERGY, we had a pump begin WHEN the rest of the market was in a bull market. Well, the rest of the market is in a bull market and it may likely pump the Weekly Candle Beginning May 25, 2019. IF it does not begin pumping then, DOGEBTC will be a good one to get into when BTCUSD begins dumping the last week of June or first week of July.
Posting the chart again for better view.
Bitcoin a sequence of bubbles / the never ending bullrunsAbove you see the dogecoin / btc weekly chart from 2015 until 2019.
Interesting to see is that once and a while a bubble is popping out (mega bull run) from nothing and nowhere ... then bursts (bear period). Going back to were it belongs. Same is happening with bitcoin towards real currencies like USD, EUR and YEN. It inflates and deflates. Bitcoin and any other cryptocurrency has no intrisic value and it will never have. It will stay here yes but that doesn t mean it has value. Altcoins are derivatives from bitcoin and will always be. They will always be related to eachother.
One thing is for sure, with a chart like this you can make money. In fact it is simple. You buy or go long somewhere at the bottom and wait until it inflates again and fomo kicks in then sell it back to real fiat and make some good profit. Short when you see the bubble is starting to deflate and buy back at the bottom. Most interesting and intruiging part of the story is that at the end it doesn t matter IF you are buying 10%-20% above the bottom or short from the top because you KNOW that a bubble will pop out or crash at a certain point with much more percentage. You always will make PROFIT when you have patience.
We are now in a smaller bubble. It can go to 9000, 10000 maybe 11000 but from there it will implode / crash again. With some knowledge about behaviour of bitcoin and its children, indicators you can try and guess were the top and the bottom is. Not always easy but I am learning here in crypto.
Even with the bull run at the present, I think we are still in the BIG bubble from 20.000 USD and correct further to around 1000 within a year or 2. Now a subtop is created. I believe it can still go to 10000 or 11000 and run out of steam.
I started with crypto in 2018 and like most of us believed in crypto. Being a hodler for several months. Now however after much reading I get more insight and see what the truth is. Anyway the best traders are happy that the herd / retailers are moving the price up and down. It makes crypto very volatile and interesting to trade.
Hope you guys enjoyed the reading. Please hit the like bottom!
DOGE! DOGE! DOGE! Looks amazing. I just hope it's not a FAKE OUTI have this thing for DOGE, i dunno what it is but i just love it.
I've been waiting for this move for a while now but i hope this is not a fake out.
There is an interesting pattern in the DOGE cycles that i noticed. After each HL, DOGE has made 3 more lows retracing to 1.13 or 1.00. It is currently at the 1.618 fib time zone too, which is a sign that this pump could be significant.
I'm not saying it's a fake out and if it isn't i'm not sure how much it will retrace or even if it will retrace at all :)
Let's watch and see...
DOGE/BTCI've heard DOGE described as the Rambo of shitcoins.
It was one of the easier coins for the algorithms to take control of, but it is resilient and very promising.
I've seen DOGE accepted in several places, one of which was a private World of Warcraft server that I played on a while ago.
DOGE should survive mid-term. Long-term is still uncertain, but I see much in DOGE's future.
I mean, Elon Musk's favorite crypto and all... If that matters. Ha.






















