description here: www.coinstreetnews.com
Description here: www.coinstreetnews.com
Seems like DOGE is trying to make a blow off top. I am not saying it is going to do another full wave up like last time, it could do 2 or 3, point is that this first 4step wave is going for a nice run.
Anything can happen on the daily sessions. But for now, well, there is almost no bullish signals on the 1D chart in regards to the general trend.
Play the wedge break. I still think the last chart on the 2H points down (SHORT). but as always, play the chart, not the feeling. "i gotta feeling", lol.
More often than not BTC trends down after the MACD has peaked and crosses into negative territory while being oversold. sometimes is trends sideways to build momentum before going up, so it would be easy to exit, but far more often it seems to trend down.
4H is at the tip of a wedge and price is at the ceiling of an upper resistance sloping trendline. This start of the trading week should see some really nice price action. I am waiting for the wedge to break before taking a position.