DOGEUSDT Potential for Bearish Continuation | 27th July 2022On the H4, with price breaking the bullish trendline, moving along the descending channel and the RSI is showing a descending trendline, we have a bearish bias that price may drop from our sell entry at 0.06028, which is in line with pullback resistance to take profit at 0.05746, which is in line with the swing low. Alternatively, the price may rise to stop loss at 0.06482, which is in line with 23.6% fibonacci retracement .
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DOGE-USDT
EMC2 EINSTEINIUM BTC : MASSIVE BULLISH DIVERGENCE, BIG MOVE SOONFOLLOW AND LIKE IF YOU APPRECIATE THIS CONTENT. COMMENT BELOW AND LET ME KNOW WHAT YOU THINK. THANK YOU.
EMC2 BTC Is looking like a big move is incoming. Its value to BTC has dropped to ICO lows. I also see massive bullish divergence on the MACD since 2018 and the breakout of that is coming very soon. I also made a chart EMC2 USD that also show divergence on the MACD and is now bouncing off a major trend line while completing a macro falling wedge. EMC2 has some serious legs in my opinion among many other 2016-2017 superstars. This is not financial advice this is just my opinion. Thank you.
DOGEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
DOGE/USDT, Daily time frame
After breaking through the red resistance line, the price continued rising and successfully passed through the second resistance line which is now acting as support. In addition we can see that the price kept on rising towards the next resistance area. Furthermore we saw a correction taking place near this resistance zone. We consider another approach to the resistance above after a short period of consolidation in the current location. On the other hand we forsee a strong decline in case of breaking below the first resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🔥 SHIBA Falling Wedge: Time To Shine?Since topping in late October, SHIBA has been trading in a strong bearish trend. During this period, a falling wedge has been formed on the daily chart. Falling wedges are classically bullish reversal patterns.
With the entirety of the crypto market seeing strong bullish moves, it's to be expected that SHIBA will follow. This token is currently trading near the top resistance of the pattern, so a break out might occur soon. Look for a daily close above the resistance.
In case of continued bullish price action from BTC, we can expect SHIBA to perform well. Targets placed at previous highs and lows.
Happy trading!
🔥 DOGE Bearish Triangle Break OutSince DOGE topped earlier in 2020, this token has practically only been trading bearish. During this down trend, we had some bullish moves here and there, but we never managed to get above 40 cents again.
Over the course of a few months, a bearish triangle has appeared on DOGE's chart. As of this week, DOGE has managed to break towards the bearish side of the pattern.
If you're confidently bearish, opening a short might be your best bet. However, I'd wait for the continuation of the downtrend, a close below the Dec-05 lows would be my confirmation target. Target placed at round number 0.1
Happy trading!
Cautiously optimisticDOGE is looking to retest the major trend resistance, but will it have enough juice to break through? On the positive side, sell pressure seems to be exhausted (for the moment) and we're seeing evidence of decent support at these levels. In addition, I'm seeing bullish divergence on both the daily and 4-hour charts. These factors make DOGE interesting to me, *however*, there is still a lot of overhead resistance so even if we break the trend line, I think we might see further price suppression before a major breakout. Having said that, I'm interested in having at least a little DOGE exposure so I may take a small long here.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
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🔥 SHIBA Successful Break Out Call: New TargetsThree days ago I made an analysis on SHIBA. I wrote that SHIBA was trading in a bullish wedge pattern and that a break out was to be expected.
And only three days later we made up to 40% gains. Congratulations if you took the trade early.
As of now, both targets have been reached. I'm expecting some minor consolidation between 4800 and 5200, so don't expect another parabolic move yet. However, after cooling off a little, I'm expecting that SHIB will continue to go up, targets at 5750 and 6500.
Keep an eye on this one. Happy trading!
DOGEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price is fluctuating below its resistance line, and if it can stabilize above the line, it can reach its target over time.
It is possible to see a pullback to hit the resistance line and a further fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🔥 SHIBA Bullish Wedge: Volatility ExpectedAfter topping out earlier this month, SHIBA has been trading one direction: down.
During this bearish period, a descending wedge pattern has appeared on the chart. Descending wedges are classically bullish reversal patterns. Seeing that the market's direction is still long-term bullish, I'm seeing a bullish break out as the most likely scenario.
Wait for a big daily candle to confirm the break out. Targets placed at the two most recent highs.
Happy trading!
INTRADAY DOGE SHORT ON BEARISH BAT PATTERNA bearish bat pattern will be completed (88.6%XA) @ 0.2662 for a potential short trade.
Trade responsibly.
Legends:
Blue line: Aggressive entry order
Gray Zone: Potential Reversal Zone (PRZ) - zone of interest to look for a trade
Red dotted line: Stop-loss order
Red dash line: Setup point of ruin (POR) @ 1.13
Green line: Target profit order (TP1 @ 0.382/TP2 @ 0.618)
DOGEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has started to move upwards after the formation of the bat harmonic pattern.
We have now identified the support and resistance lines and for you. If the trend stays above the support line, it can move towards our resistance.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck