DOGE Looks like its setting up for another bullrun during Bitcoins 5'th impulse move from 45K to 52-54K inside its ascending wedge.
Looking at bitcoin nearing its pattern's rising support line and losing downwards momentum, it does seem like it will bottom out here, and soon bounce.
Target's for DOGE, kinda hard to predict, but i'll make a sketch, so here are my assumptions:
Comparing with BTCUSD for timing.
Good luck with your trades.
Looking at bitcoin nearing its pattern's rising support line and losing downwards momentum, it does seem like it will bottom out here, and soon bounce.
Target's for DOGE, kinda hard to predict, but i'll make a sketch, so here are my assumptions:
- It will pump less in % than last run
- it will be a slower pump
- it will have more stops as it meets levels it has gone through already unlike previous run.
Comparing with BTCUSD for timing.
Good luck with your trades.
Comment:
Well, this is going sideways huh...
Bounced of the supporting trendline for now, but this will delay everything, and asks for a bit of recalibrating the idea, lets see what BTCUSD does in the next 48H and redraw timing and targets.
Bounced of the supporting trendline for now, but this will delay everything, and asks for a bit of recalibrating the idea, lets see what BTCUSD does in the next 48H and redraw timing and targets.
Comment:
Comment:
Broke trendline, back to the drawing board.
MVPMC
Thought I my share my process here.