This past week, $DOGE has rose over +155% in a matter of a few days.
I believe $DOGE has great potential in the future.
However, I do believe prices are inflated at the current moment.
I expect a heavy leg down towards around 0.618 retracement levels or "TP #2"
MACD also showing signs of weakness in momentum.
Amazing run from $DOGE these past few days, rising above +50% in less than 4 days.
We are approaching August highs of 0.896. Only this time with more momentum.
It will be interesting to see how DOGE will react these upcoming days.
I believe that its momentum is slowing and will bottom out around AT LEAST 0.076!
Follow for more updates.
Since Oct 22, $KLAY has seen exponential growth.
It has seen a runup of +100%! However...
No run lasts forever.
It has seen a recent breakout to the downside on the RSI.
As well as momentum indicators showing a slowing of price increases.
I see $KLAY going to be at least $0.183 and potentially even lower soon.
Let me know your thoughts down below.
Thank you and...
Please let me know what you think.
Crucial area #4
Longs need to bypass this area to reach upper channels.
Shorts need a bounce off #4.
Currently seems like an inverted H&S is forming.
In order to complete this pattern, 415 must be hit before dip to create second shoulder.
Let me know what yall think. Have a great day.
We have seen a +40% correction since previous all time highs.
We are now sitting in the 40k range.
We have also filled in previous gaps.
I am looking for a hold of $39k.
Let me know what you all think.
Kadena has had a nice run in November from around $6 all the way to around $28!
However, since its top, we have reached around 60% down from all time highs in November 11th.
Since then, it has been in a consistent downtrend.
However, at these levels, are buyers ready to step up?
We are now sitting in the lower channel on $10.45 - $13.30 range.
For Longs - Need...
LUNA has been beaten down from to $80 level to now around $60.
RSI is now near oversold levels.
MACD is showing a slowdown in selling pressure.
This has a chance to reach new highs, based on viewing previous dip opportunities.
Such as the dip on December 3rd, going for $71 down to $50, then all the way up to all time highs.
We are currently in a downtrend...