DOGE strongest pump since monthsDOGE / USDT
Strongest pump since 2021 with breakout of 18 months falling wedge (557 days )
Could this be a new bull cycle for doge ?
blue rectangle marked in my chart should hold to remain bullish
Where are DOGE fans ?
waiting your questions/thoughts in comments section below ⬇️
Dogeusd
DOGE - To the moon! Huge bull flag | +5000%
Doge is absolutely ready for a massive impulsive wave to the upside on the macro scale!
The chart is printing an impressive bullish flag on the weekly chart with an ABC ZigZag structure, which is even better.
As you know, I am very bullish on Bitcoin for the upcoming year 2023 and the BTC dominance chart indicates a juicy alt season!
As per my Elliott Wave analysis on the macro scale, we have finished a corrective ABC wave 4, and we are currently starting a final impulsive wave 5.
We don't really know what price DOGE can reach, but I expect the 0.618 FIB or the 0.764 FIB extension from Wave 3 -> Wave 4.
The average transaction fee on DOGE is currently 0.04 USD and the confirmation time is below 1 minute.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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Buyers well supported the price of DOGE!DOGE has been growing very well in the past few days. Buyers well supported the price of this currency. After the news of Elon Musk's purchase of Twitter, it was accompanied by more support from buyers, and after breaking the resistance of the $0.080 range, it moved towards the resistance of the ceiling of the range channel. Now the price is trading in the range of $0.10. Even this time, there is a potential to increase the price above the range of $0.10 and even a fake break of this area. Therefore, in this range, considering that the RSI indicator is inside the oversaturation range and shows the number 87. Thus, the probability of price reaction to this resistance area is high.
On the other hand, the ceiling of the long-term descending channel of this currency has been broken by the last daily candle, and it needs a further price increase to the $0.10 range to stabilize. After the pullback, we can expect more growth. If traders' emotional buying continues, the price could hit the $0.106-$0.120 resistance area without a pullback, which will have a stronger negative reaction, and the selling pressure in this area will increase significantly.
✅TS ❕ SHIBUSD: grown a lot✅✅ SHIB has grown a lot.
The price has formed several peaks.
Correction is now possible.✅
🚀 SELL scenario : short to 0.00001149.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ ETHUSD: momentum by 7%✅✅ ETH has hit the resistance level again.
The price made a strong downward impulse after the first rebound.
I expect a fall.✅
🚀 SELL scenario : short to 1454.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Doge is at heavy resistanceConsidering the confluence of resistance at these levels, shorting seems to offer a great R/R.
1. Signs of weakness are present in LTF: Bear divergences in 3H, 2H, 1H/ Triple tap into resistance in 15Min/30Min.
2. The liquidation map shows heavy longs at these levels, so a lot of liquidity lies at FVGs down below at critical support zones, which line up with the golden pocket.
Red: of weekly significance
Blue: of daily significance
#ELON #TWITTER / #DOGE PUMP!With Twitter being delisted form the stock exchange (as it no now privately owned by ELON)
How does he begin to monetise the platform ??
Doge could be an avenue by which he does so.
Doge traditionally has been used to gain BTC via its insane pumps.
What's interesting is it how it has gained market share of the years, and held onto those gains even being down 90%
The slanted W pattern may play out again...
✅TS ❕ DOGEUSD: grown a lot BY 55%✅✅ DOGE has grown a lot.
The price reached the resistance level and started a correction.
I expect a fall.✅
🚀 SELL scenario: short to 0.066.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
DOGEUSDT hit our target and broke above the 1D MA200! What next?*** ***
For this particular analysis on Dogecoin we are using the DOGEUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where DOGE finally hit our 1D MA200 (orange trend-line) medium-term target which we set after spotting the RSI Bullish Divergence as outlined on our October 04 idea below:
As you see the massive pump, fueled by the Musk-Twitter news, broke rapidly above Resistance 1 and hit the 1D MA200 for the first time since November 09 2021! The final Resistance (2) is at 0.0900 on the August 16 (Lower) High. This happens to be now exactly on the top (Lower Highs trend-line) of the long-term Channel Down pattern that dictates the Bear Cycle since mid May 2021.
With the 1D RIS vastly overbought above the 80.000 mark, though not necessary when fundamentals and news dominate the price action, it is reasonable to see profit taking and a relief pull-back. Could be as low as the 1D MA50 (blue trend-line) itself, which if DOGEUSD is starting a new Bull Cycle, will be the Support line.
In our view, we should wait for the price to break and close above the 1D MA300 (red trend-line), which was previously the Support of the Bull Cycle, up until November 18 2021, and hasn't been touched every since. This is basically the last barrier before the price technically seeks the upper Fibonacci extensions of the Channel at 1.382, 1.5, 1.618 and finally 2.0.
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✅TS ❕ BTCUSD: Possible 4% DROP✅✅ BTC is moving near the resistance level.
After strong growth, a downward correction is expected.✅
🚀 SELL scenario: short to 20260.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ MATICUSD: 5% drop✅✅ MATIC has reached the resistance level.
The price has already bounced from this level.
I expect a reaction down. ✅
🚀 SELL scenario: short to 0.9.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ ETHUSD: an 8% drop?✅✅ ETH has made a breakdown of the levels.
Now the price has reached the resistance level, from which we can expect a rebound down.✅
🚀 SELL scenario: short to 1454.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ BTCUSD: moving up✅✅ BTC is moving up.
The price bounced off the support level.
I expect continued growth.✅
🚀 BUY scenario : long to 19900.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ DOGEUSD: bounced back✅✅ DOGE bounced back from the support level.
Correction is possible.
I expect growth.✅
🚀 BUY scenario: long to 0.062.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ ETHUSD: reached the resistance✅✅ ETH has reached the resistance level.
The price has already started to bounce down, but after the correction I expect growth.✅
🚀 BUY scenario: long above the resistance level.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ ETHUSD: support level✅✅ ETH has reached the support level.
The price has already bounced off the level several times.
I expect a second rebound.✅
🚀 BUY scenario: long to 1377.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
#DOGE/USDT 1DAY UPDATE Welcome to this quick DOGE/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Dogecoin (DOGE) UPDATE :-
Dogecoin (DOGE) was a notable gainer in today’s session, as the meme coin rebounded following recent losses.
So far this week, DOGE/USD has been trading around a floor of $0.0580, however prices rallied beyond that point today.
The world’s tenth largest cryptocurrency rose to a high of $0.06068 earlier today, as bulls seemingly have their sights set on a resistance point.
Looking at the chart, this ceiling is the $0.0620 mark, which was last hit ten days ago, on October 10.
Currently, the 14-day relative strength index (RSI), has reached a resistance level of its own, and is currently tracking at this point of 47.50
Should dogecoin bulls intend to take prices higher, we would first need to see a breakout of this current hurdle.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
✅TS ❕ SOLUSD: support level✅✅ SOL has reached the support level.
The price has already started a reversal.
I expect growth.✅
🚀 BUY scenario: long to 32.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ BTCUSD: support level✅✅ BTC is moving towards the support level.
The price may rebound from the nearest level, or it may fall below to the next one.
I expect growth after the reaction from the level.✅
🚀 BUY scenario: long before 19894.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.