Recently posted a similar chart for CAKE - DODO is much the same in both TA and FA terms at the moment.
DODO has been printing lower lows since its Binance listing and has now formed a reversal pattern with higher lows beginning to emerge. Looking at various charts similar patterns can be seen as a launch pad for much greater gains. MACD on the 4 hourly is...
CAKE has been printing lower lows since its Binance listing and has now formed a reversal pattern with higher lows beginning to emerge. Looking at various charts similar patterns can be seen as a launch pad for much greater gains. MACD on the 4 hourly is crossed over in an upward swing as are the 20 and 50 day MA's now crossed upwards showing momentum is shifting...
I might be wrong here however big divergences on the 4 hourly chart for MACD an RSI. KSM pushed to make a higher high on 22nd and underwent a bearish series of red doji candles followed by a dip to 200s. My guess is that the next dip will be lower to around 185 region. Plenty alts topped out while BTC has been dropping unless, they have been pushing on to ATH's....
A dump down to mid to long term support line followed by a pair of higher lows marks the reversal. Just broken above local resistance on the 4 hourly so looking like a strong buy signal. With the way things have been going I will look to hold this coin to ATHs assuming no btc crashes, current btc news indicating 4 billion dollar investment from Dubai's IBC Group...
As per the title, apparent IHS formed on Nokia with recent break above the neckline, albeit likely from the recent hype and potential WSB chat. Short to midterm target in the recent of 10 dollar region. MACD taken an upwards turn on the monthly so stability in the move should be there. If price holds around 4.3 - 4.5 dollar mark then we should see some action pretty soon!
ETC survived the latest BTC pump to near ATH by dropping momentarily to most recent support and quickly recovering with a top heavy green doji candle, coupled with the first significant buying volume indication since March this year. The recent price drop is also complimented with a red TD13 indication which when used in conjunction with other factors can often be...
