Once we break through the wedge I may place a Day Trade here once we get the confirmation. We may be on a nice Bull run moving through the morning if we are able to get the confirmation & nice Volume. If not we may fall too .177 which is a solid bottom for us.
Here on the 1 hr chart you see we've been on a nice run since the morning of July 20th leading up to The B Word talk. Looking at the Fib Retracement we see that we touched the Golden line of .618 (.186 price) as well as hit the middle band in the Bollinger Bands, this is typically a strong indication of another Bullish trend. I wouldn't be surprised if we even...
I have labeled the Demand Zone we are currently on now, may see a bullish reversal which the RSI indicates that as well. Still need to wait for Confirmation before placing a trade, still a possibility of another pullback.
You see we have broken through the top of the bearish trend now in a retest, also if you take a look at the RSI it indicated we are showing bullish momentum. We very well may see a large pullback into the bearish trend.
We hit our lower resistance, now we should see a bit more consolidation before a Bullish Reversal. I've already pointed out the Triple Bottom which typically leads to a Bullish reversal, we may very well see a slight dip to wipe out any of the paper hands that are still here. But it is almost time...
As you see here on the 15 min chart we are working our way up nicely along the Demand zones. As you see we are working our way towards another one currently which we may see another nice upward push to continue this Bull trend or we could break out of the bottom of this trend followed by a retest then a bearish reversal. Looking for confirmation before a Trade is placed
This is the 1 hr chart & as you see here we are coming off a nice Bull run since the 22nd. Using the Fib Retracement tool, it indicates we may see some big movement coming. Typically what happens once you hit the .618 line it's followed by a nice Bullish push in this case upwards of .90+ as we move through Friday morning. We are also in a wedge pattern as we have...
As you see on the 4hr chart we are witnessing a Triple Bottom which usually indicates a Bullish Trend to break out. I am not saying a Bull trend too .45 but a nice put that could get us in the mid .20's Friday may turn out to be a great day for Doge
By know you already know I am eyeing a Breakout in Aug. there is no set week or day but I do believe we'll consolidate for a few weeks then start to see some big movement. We very well may see a final big pullback in hopes to flush out all the paper hands, but the end of the year is going to be great for Crypto. *Not Financial Advice
I believe the Market is heading for a Bullish run that will begin sometime in Aug & carry through the end of the year. As I conistintely monitor the charts I continuously see this type of pattern playing out. A Bearish wedge that's coming to an end in August, YES we could very well see a large pullback & continue to see sell-off. But With so much integration...
This is the 4 hr chart as you see I have drawn out the Head & Shoulders everyone was afraid of that was going to play out. Too me we're past a HS sell-off & in the Consolidation phase for the next big Bull run. The closer we get to August the more Bullish I become, this is due to the Technical Analysis along with the wide Integration of BTC/Crypto which is...
We've continued this same trend over 3x working on our forth & it has stayed fairly consistent since the Bull Run! I'm not saying this will be the bull run to get us out of this Bear Market but it could turn us into a nice consolidation phase where we're not eating L's all month.
As you see here we just recently broke out of the long pullback, now we are in a retest phase. We need to confirm that it's an actually Bullish reversal of if it's a false Breakout which would lead to Lower Lows & Lower Highs 1 hr chart
Broke through the previous resistance, just now retested & slowly making it's way up. I do believe well see a bit of a consolidation then see a Touch off the lower trend line.
As you see on the 30 min chart we were in a wedge pattern just above the resistance & now we have broke through the upper trend line & now on a retest. Placed a Scalp Trade here since we have a solid bottom as well as had a bullish break through the wedge.
We're in a bit of a consolidation phase here on with a Touch & Go off the lower trend, now on our way on a bullish run. What we do after we reach the upper trend will give us an idea of how our Friday morning will go. We very easily could hit the upper resistance & have a large pullback to test our previous lower resistance.
We have found a solid bottom here and making our way back up to the upper resistance. Once we reach the upper resistance let's see if we can continue the momentum to carry us back above it or if we will have a pullback back towards the floor. I believe we may consolidate down here over the next few days.
Broke through the downtrend now in a consolidation phase, showing a solid Supply Zone. Should see nice bullish movement here to fill this trade, this is a 15 min chart.