DOGE-1
DOGE/USDT It required break the key level or will be rejected ??💎 DOGE has undoubtedly garnered significant attention in the market. Confronted with a challenging resistance area, DOGE needs to breach this level to sustain its upward momentum. The well-executed bounce from the demand area suggests a potential breakout from the resistance in the near future.
💎 If DOGE successfully achieves this breakout, there's the probability of substantial upward movement, reaching our target area.
💎 However, if DOGE fails to break the resistance in the near future, a retracement to the demand area becomes likely. The confirmation of a negative scenario occurs if, during the retesting phase at the demand area, DOGE fails to maintain its position, leading to a breakdown. In such a case, DOGE would shift to a bearish movement, potentially retracing to the robust support area.
Doge/USD: And it has begun!!!After a painful year and a half long bear market consolidation, Doge is one again ready to take a bite off this market. After breaking out of the triangle structure, It has made a complete 5 wave up, 3 waves down and on its way to another 5 waves up. There is still a chance that the current move up could be a higher degree wave c of a higher degree wave B to 13 or 14 cents. If the price plunges back below 7 cents, then that could confirm much higher degree wave C or a wave Y down to 1 cent or so. But at this moment it does not seem like it. Markets overall are looking like a real bull market beginning. Weekly RSI has poked its head above 70. This doesn't happen on bear markets. In Doge coin's history RSI poke out of 70 on a Intermediate degree wave 3, then comes back to test 70 and then pumps again to complete a wave 5 top to end a primary degree wave (except in the very beginning). If history rhymes again, then we should see 100x or more gains before 2024 ends. So, for now, watch 7 cents level and as long as it holds, hold on your bags and enjoy the rocket ride!
Happy early new year!!!
roadmap to $0.12 doge + possible breakoutLet Me First Say I called this original breakout for Doge at 8 cents
when everyone was saying short it. Over 60% of the market was short on doge at that point.
We have 3 solid confirmations on the bottom that confirms this path should take us to the top of the 2nd resistance line to attempt a breakout so follow this uptrend channel and wait for a possible breakout or short position. Keep in mind doge has be trading very similar to BTC so never look away from it to see if it knocks it off it's path.
Good luck!
There are two scenarios (DOGE)
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📈There are two scenarios to enter, if the resistance area fails, I will buy and if it does not fail, I will sell.
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Dydx - unexpected correction or growth?!Hello, trader! Today I have a new idea for you. Put like and subscribe to the channel, there is a lot of useful information.
dydx - a deal in which there are risks!
Friends, I present to your attention the local Dydx chart with a pronounced trend line!
Technical: the price received a rebound from the trend line in the zone $ 2.850 and perhaps here we will see the continuation of the movement in the direction of $ 3.5-4.
But❗️ Personal
At the moment, the fanding is now in a strong -horsepower plus and perhaps we will see the discharge of excess cargo in the form of Squeezy) about $ 2.5 from the current -18%. So consider your risks in advance!
The plan for a deal - 15% of the deposit:
Entrance - 3.1/2.8/2.5 $
Stop - 2.35 $
Take - I will update.
Guys, the deal in the truth looks dangerous, so I decided to distribute the order in such a way as not to feel discomfort in the position, the stop is calculated taking into account the input of all limits!
DOGEUSDT # 002 ( Two Bullish scenario !!! ) Hello dear traders.
Good days .
As we expected on Alt season , DOGEUSDT has good opportunity to rise with this wave .
Exactly after 0.25 Monthly Gann Square time zone , bullish rally started .
Two scenario we can consider for doge which is depend on the market .
1st scenario ( Green Arrow ) : on Daily Gann Square and how it moved , is the logic move what we expect.
2nd scenario ( Blue Arrow ) : it can move to the second Target which is not unexpected .
You can see Daily Gann Square detailed analysis on updated idea .
Road map is plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments .
Market Update - December 8th 2023
Multiple 2024 tailwinds drive bitcoin higher: Bitcoin reached new annual highs this week driven by multiple tailwinds, including potentially imminent ETF approvals, the upcoming Bitcoin halving, and a possibly lower interest rate environment. Notably, BTC broke above $40k for the first time in over a year on Monday, with no signs of slowing. BTC was hovering around $44k on Friday morning.
Robust jobs data and upcoming Fed meeting may bring volatility: November nonfarm payroll numbers released on Friday pointed to continued strength in the job market with 199k new jobs added, above estimates of 190k. Market participants are also waiting on the outcome of the next FOMC meeting on December 13. Following Friday’s job numbers, investors continue to expect rates to remain unchanged until Q1 next year, but any deviation from those expectations could inject volatility ahead of the usual pre-holiday contraction.
Dog memecoins hit new highs as Doge turns 10: Doge reached its 10th anniversary on Wednesday and celebrated by posting +18% gains over the past 7 days. Shiba Inu (SHIB) and Solana dog token BONK followed suit with gains of +20% and 225%, respectively.
Expected ETF approvals lift bitcoin-linked altcoins: The market focus on BTC ahead of a potential bitcoin ETF approval has led several altcoins to move higher. Stacks (STX), which enables smart contracts and decentralized finance (DeFi) applications on the Bitcoin network, posted +40% gains this week. Ordinals (ORDI), a BRC-20 token focused on Bitcoin’s ordinals protocol, saw another huge run up this week, adding +140%.
Societe Generale stablecoin EURCV lists on Bitstamp: SocGen’s crypto division developed the Ethereum-based Euro stablecoin, EURCV, to bridge the gap between traditional and digital assets and help onboard institutional market participants. The move may increase adoption of non-USD backed stablecoins.
🤖Topic of the Week: Trading APIs
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DOGEUSD: Forecast 2023DOGEUSD: Forecast 2023
Medium term idea. The coin has been in accumulation for more than a year. As a rule, after such a long accumulation, an impulse growth follows. Most likely he will be somehow connected with Musk and Twitter.
After breaking through, we expect taking such targets on the chart: 0.1187 - 0.1396 - 0.1653 - 0.2027
We also offer the idea of a more local trade: You can trade in the green channel. When the price approaches the resistance zone, we fix the part, and re-enter on the rebound down. At the same time, we advise you not to touch the main part of the deposit, which lies in the doge, when the pump starts, the price will very likely fly up without any rebounds and retests.
If you like the idea, don't forget to subscribe and rate like👍
LTC/BTC Litecoin Bitcoin Chart Looks So BullishLitecoin is retesting the top of the channel/falling wedge that it broke out of about a year ago today. As long as LTC can stay above this then I think we are about to rocket up in the LTC/BTC and LTC/USD pairs. Litecoin is really about to catch fire and take off. Hold through the FUD and shlt talk about Litecoin. Litecoin is about to swallow everything above it on coinmarketcap including XRP! This is not financial advice this is just my opinion.
I did a LTC/USD chart analysis as well. I will link it below
RESPONSE TO WITHOUT WORRIES LTC/USD ANALYSISThis is just a response to Without Worries LTC analysis where I can post pictures because I was unable to on his post. I really like WW he is a fantastic trader and analyst and chartist. I just disagree with his current position on LTC. I believe there is more to LTC than just TA. Fundamental analysis is important here and Ill explain below.
Thank you for your chart and analysis. Possible it breaks down that hard but definitely not probable especially with the SEC suing everyone and their brother for securities sales etc. Litecoin is one of only 4 cryptos allowed in USA for institutional and accredited investors because of its regulatory clarity. I follow the big money and big money has access to it along with 3 others. Baakt added it last month, might not seem like a big deal but its just getting ready for the inflows of capital from the big players as they have been for a few years now, quietly in the background while no one is looking waiting to see what regulations come out. Also EDX Markets is an institutional cryptocurrency exchange backed by Citadel Securities, Fidelity Digital Assets, Charles Schwab Corporation, Virtu Financial and Sequoia among others. The exchange offers trading in Bitcoin, Ethereum, Litecoin, Bitcoin Cash. Litecoin hasn't had any real developments in a little while but its not dead by any means. It serves its purpose, the updates and upgrades happened over the last ten years. Its not a new crypto with a bunch of flaws and exploits, those kinks were ironed out a long time ago. The saying goes dont fix something if its not broken. Bitcoin hasn't had an update or upgrade in a long time either does that mean its dead? No it doesn not, so the argument of its dead because no developments is a moot point. Fundamentals matter in this case because of how young this crypto market is compared to the rest of the traditional markets. Its just starting to get wrangled in now, so the wild wild west days are over. Pretty soon the USA will shut down all exchanges in the USA except for 2 and the rest of the world will follow. One for the average person and one or two for institutions and accredited investors. Institutions and accredited investors will not touch this with a ten foot pole until there is clear regulation. Dont believe me? Look at what they did to Binance and CZ, in a totally different country. The USA has very long tentacles and what it does the rest of the world follows voluntarily or forcefully. CZ thought he was an untouchable billionaire but all it took was a week and he caved, without a fight and gave up billions in fines and stepped down because its a losing battle against the USA. Right now like I mentioned above SEC and CFTC have seen LTC and 3 others as a non security out of a million cryptos out there, that matters more than anything in my opinion. Im not saying that its impossible for Litecoin to go to zero or dump as hard as you say but that would mean that BTC also dumps down to 10k and the traditional markets dump as well. It would be a global dump not just Litecoin. Im not betting on that right now but anything surely is possible.
Also as a response to your trendline, please see below. A trendline has lots of wiggle room and many different ways to draw it.
DOGE Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the DOGE symbol.
The structure of Dogecoin is bullish. It can climb by maintaining the green area.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
🔥EDU: Another Binance Freshman Is Ready To 🚀EDU fall by -77% and now consolidationg inside the channel and wide accumulation area.
The closest resistance levels are higher by +74% and +293% (local highs). Test the channel as the support will be a good sign to continue the growth.
💥do you know what happened to such "fresh" altcoins? check APT and WRX chart after the listing.
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