A group of altcoins has reached rock-bottom twice now and they seem ready for a bull run. Good time to enter a position on coins listed in my Altcoin Index after doing your own research. Always use a stop loss, and good luck in your trading.
It's been what, few month now since we heard anything about DOGE? Yeah, sounds about right especially in this downtrending market everyone forgot doggy, but it is due to recover in 2018 according to it's pattern and historical analysis. Don't be spooked by it's supply amount, it's fine, be intrigued by it's transaction cost and total quietness surrounding it. ...
I've told you on Friday that you can buy a valid breakout, so you should keep an eye on this crypto because it was strongly bullish today, but the rate it has failed to stay above the broken downtrend line. It is very important to see where it will close the day because if the rate will close much below the downtrend line, then we could see a minor decrease in the ...
Technical analysis:
. DOGECOIN/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. The price is ...
Step #1: Wait until you can spot a bar that has its daily range smaller than the previous three days
The first rule requires you to have the patience until the Nr4 pattern develops on the Dogecoin chart. When we have a daily trading range that is narrowed than the previous trading ranges it means that the price is contracting.
Based on our backtesting results we ...
Dogecoin increased a little on the short term after the failure to stay below the upper median line (uml) of the descending pitchfork. The next target it will be at the downtrend line and the second one at the warning line (wl1). A broader rebound will be confirmed only by a valid breakout above these lines. Another drop will be confirmed by a valid breakdown ...
DOGE continues its slow rise in the chart and it seems that it has already exceeded the 100-EMA today and although it had a high volume, the result was a volatility that only gave higher long shadow candles that indicate dominance of the buyers. In this 4 hour chart we see how the last candle can be definitive in the price direction, a close above the 100-EMA can ...
DOGE, number 47 in the cryptocurrency ranking has been showing bearish throughout the day and has lost -2.18% in the last 24 hours. The pair has not been able to move very far from the Central Pivot Point due to the low volume and the immediate supports of the day are $ 0.003282 $ 0.003200. A close of the next candle above the Central Pivot Point could give the ...
