TA speak for itsellf, MA Cross signifies downtrend on 1 year and 5 year time frames, RSI confirms downtrend. Competition Amazon, HBO etc gaining ground on Netfliex therefore slowing down user growth.
Continuation of down trend, plus it will follow previous downwards movements until this descending triangle trend is broken. DYOR
Be carefull with your position. Bough 10% higher from current price and unfortunately going down, no proper stop loss in place :( !!! Placing low bids and patience is key in a bearish market. I'm sure none of you want to lose funds by buying high and selling low :))).
Price Analysis: Finding a good entry for DOGE. A firm upwards break of the Accumulation Zone for DOGE could signify the start of an upwards movement in the Cryptocurrency Market. On the other hand there are quite a few more important indicators we should keep our eyes out which will signify the end of the berish market, likewise the start of the bullish market.
Analysing purely from a TA perspective regardless of FA and external impacts. I'm anticipating a continues down trend until beginning of 2019 - mid 2019!! :)) Enjoy. I think the next pump will take us towards 8,000 (could be your last chance to exit BTC above 8k for the next period util the end of bear market).
Repeating past price trend!!! Currently in a extended flat ABC correction pattern!
Major support 11,900/12,000 $ if it breaks it big chance we may be out of the berish trend!!!