Mid 2019 we had the all time high for the year, then in October China announced positivity about blockchain, 30% + up, then from December till February again 30% + before a crash, overblown by covid fear.
Then 2020 post halving alt season, BTC season then blown off top. By Dia
When we reached the top of the bearish rising wedge, we corrected to the bottom to it, without retesting 18.4, we retested the wedge! I think we retest 18.6 and 13.9, my 3.4k $ long got liquidated at 20.2 so I am short with lunch money, if it liquidates me, GG
Apologies for my wronged TA. I went long at our 22.3k support, the 4h showed bearish divergences but I ignored it, initially I was in profit, but in the end I lost a lot... I think this price action no longer is like 2019, but more like 2015. We will retest 18.5~18.6k. I have my long ready. No stop loss this time.
I copy pasted the previous cycle chart and it literally looks like a copy. I am long here, I have confidence that we will definitely not go below 20k. The indicators are also the same, with 1D close to resetting; I expect us to top out at 35k around May 2023.
A bit late- but FED won't be printing money this year, they will figure out inflation is sticky and just do it next year. Gold and Bitcoin, similar assets will do well.
The chart of this year looks eerily similar to 2019.
Have a look:
2017 Dec 18 - 19700
2022 November 10 - 69000
Exactly four years.
2018 Dec 15 - 3650
2022 Nov 22 - 15650
This is a low cap token, less than 10 million USD, very rare.
Yes, the token has negative news surrounding it, but the developer is in jail in the Netherlands, he will be freed February 20th, I expect a pump.
Weekly looks severely overbought, but the risk to reward is splendid!
Top 5 crypto, market cap over 17 billion, with over 80% holders who bought below 0.001.
I lost 7500$ shorting Doge, but I still warn you all. The RSI is also near resistance and forming a triangle pattern.
Doesn't matter if in court documents he states Doge will be used, he probably cannot use it, Doge is not legal tender!