The head of the world's most popular cryptocurrency exchange (Binance) Changpeng Zhao, announced that Dogecoin will join the rich list of cryptocurrencies that can be traded on Binance. A cryptocurrency that is decentralized has won the hearts of millions of users around the world.
This cryptocurrency is unique, mainly due to the fact that there are not many...
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.
In order to figure out the price at the end of 2019, will use the 4.5 rate of time and the 10 rate of price movement and apply to the date in the 2014 upward move that corresponds to Dec 31, 2019.On Aug 17, 2018, 1470 days after the $ 0.00007 low, the price opened at $ 0.0022. Measuring from the low, this is a 3049% rate of increase.
Therefore by applying the 10...
Building into one massive wedge is monthly Doge. Doge, the democratically elected leader of the home of Banking Finance innovation. Doge the "joker coin" whose memes are cute as a button. Doge monthly has built into a massive wedge with potential to break out any which way.
This is just the DOGE USD pair. This isn't even getting into the potential for DOGE...
I try to keep everything as basic and from a technical charting stand point. I look for short long and mid term patterns. All though the setups are not 100% confirmed they are showing great potential. The current setup is an Ascending Triangle which then leads to a Cup. This Long term repeating trend is very interesting. Based on my personal view the upside of...
There's a confluence of a cup and handle and an accumulation against the 100 day SMA. Support is great on the 200 day SMA. My hunch is a weekly close above the 100 and IF there’s no pump yet, it’s time to buy hard and fast. Could break down too. Triangle is the key.
So going through my morning routine while attempting to spot any trendline breakouts And lo and behold there is a second W top this time on the DOGEUSD for a mid-long position: If you are not patient and looking for a quick short DO not make this entry
I wrote W top accidentally; just ignore it.
I meant W bottom—Hopefully you already knew that as it is common...
Posting this for future reference for myself. This is not trading advice. Price target from expected breakout zone is even to height of the wedge and coincides with lifetime upper trendline from the data we have available.
Clearly we can see here where the trend lines cross. If we were looking at this from a typical breakout emotional pattern chart, we could simply say we are moving into the next breakout. You can also clearly see there has been a shift in the pattern as it jumped back to the long term upward trend line. Even though this looks really good I still expect major...
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