Dogecoin / Bitcoin
Long
Updated

DOGEBTC D1 LONG - 7-month Market Cycle + Year of the Dog 2018

907
DOGE follows a consistent yearly market cycle, with 10x returns upon completion.

History shows this cycle is timely and reliable.

Vix oscillator indicates bottom has been tested a few times, can only go up from here.

DOGE is re-branding, 2018 is the Year of the Dog.





Trade active
in @ 16 SATS

target @ 200+ SATS range
Note
Side note: Taking profits at the top is a MUST or risk getting stuck at the bottom in the end of the cycle.

Market cycle is extremely tedious to wait out =p
Note
price action at the moment is positive, volume is increasing:

snapshot
Note
classic double bottom bounce in a 'W' reversal pattern + break above cloud resistance

HERE WE GO

snapshot
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Weekly and daily chart are about to turn bullish:

snapshot
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Clarification for the chart above:

-MACD flipped up indicating the start of fresh, positive momentum on both weekly and daily.

-Waiting for the green line to cross over the blue and red line on the weekly chart.

-On the daily chart, crossover action looks healthy - would like to see the green line swamp over the blue and red lines for upward movement.
Note
Going up, all signals/indicators are healthy

snapshot
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Appears to be a dog in the OBV osc =p

Looks like DOGE is headed to 50 SATS after some minor consolidation

snapshot
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hit 50 SATS, next is 80-100 SATS

Bullish chart patterns signal more upside action on the weekly chart:

snapshot
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preparing to move up

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breached 80 SATS, 100 SATS is next

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100 SATS BREACHED expecting consolidation in this range before 120 SATS

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Trade closed manually

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