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Two days ago, I posted how the market is tipping over to the bullish side. Today is a continuation of that post. If you want to look at my previous post, please take a look here.
The volume weights for today to recreate this exact chart are the following (enter it in symbol...
DOGECOIN is trading in a narrowing wedge
And the pair is now retesting
The falling resistance
From where I am expecting a local pullback
Towards the rising support below
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Dogecoin (DOGEUSD) hit last week the 1W MA200 (orange trend-line) for the first time since the December 07 2020 1W candle. This is the trend-line that (excluding the March 2020 COVID crash), marked the bottom during the previous Bear Cycle.
This idea illustrates DOGE's long-term Cycles in order to get a better understanding of where we stand today. Last week's...
After a huge run Dogecoin needs to step back before its major move.
Wait for 0.05-0.07$ as a fair price area, targets will be beyond imagination of 99% of traders (just comparable with Starships).
DOGECOIN is a very manipulative currency, It is absolutely high risk. Do everything on your own risk
~3.33 R:R into end of year trade:
High-level idea is that no new lows, and it continues to take stairs up to its yearly open. Lower Bollinger to upper Bollinger .
If it does break below 5 cents you're going to have bigger problems than blowing up on this trade.
I'm not looking towards the longs right now, but Bitcoin's dominance has failed and we'll probably see some pumps this weekend. Next week will be a stressful one.
A proper triangle is forming. I am 100% sure Musk will buy out Twitter . He will probably set up a similar pump for #DODGE where he will sell a lot of coins. Then he'll say he needed money to buy...
Hello All. Looking at Doge/Usd pair on the weekly timeframe we see a formation of a falling wedge pattern which is a bullish chart formation.
We extrapolate the measured move for this pattern and estimate a breakout point at the end of the apex. This puts us around September 20, 2022.
As such, this breakout to the upside can put the price of doge coin at around...
Regularly, I will be sharing something a bit different moving forward. I have a single chart of the ten major cryptos based on the volume. This volume determines the weight of each crypto in my analysis. This allows us to have a high-level overview of the market’s major movers in one go.
If you want to try it out yourself, enter the following formula under...