As seen on the chart there is a recurring Rectangle 1D pattern (4 times) that precedes every major bearish channel. At the moment DOGEUSD has completed one (RSI = 53.705, STOCH = 47.561, ADX = 46.563, MACD = 0.001, Highs/Lows = -0.0002, B/BP = -0.0005) and this neutrality should be channeled into bearish action soon. Our TP previously was 0.0045 but we will extend ...
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. ...
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.
DOGEUSD is on a very strong bullish momentum on 1D (ADX = 74.597, Williams = -14.234). It is best to let this movement exhaust its potential, which should be between the 1W Resistace = 0.0084 and the 0.382 Fibonacci Retracement level = 0.0087. The Stops need to be tight between 0.009 - 0.010 as this rise is purely fundamental and can escalate even higher without ...
DOGE made a boldy move up, finishing the last wave in the wedge . Target ~52, which is a level of strong support. It should retest at least 55 before going higher.
DOGE have most of active wallets and are used for low fee transfer of big money between exchanges.
When the volume of doge increases it is an indicator of next 10x rally.
Be ready to Rambo...
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 40.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of ...
DOGE has some cool off finally and painted inverse H&S. The neckline at 65, if broken, the target at least 75.
Also! DOGEcoin has been added to Poloniex! This is a very bullish news. https://twitter.com/Poloniex/status/1035564251103023105
If Coinbase will do the same, I expect it to cross $1 eventually
And yeah, September 5. Don't miss it!
//This information is ...
*I write this in the perspective of a longterm holder of DOGE and someone who doesn't really want to trade it*
I agree with many that this looks overbought but this is my only alt that's popping right now and I'm not in a hurry to cash in before alt season even starts. ADX is just getting warmed up and DI+ is going to break that resistance one day so I feel like ...
