We have had Shib on our radar for the last few weeks as it has the potential to make exponential gains just like Dogecoin did recently. From the chart we can see that we've approached the bottom again within a descending channel, which is often a reversal pattern. A break upwards of the channel will be validation of our reversal signal.
". There is a possibility of temporary retracement to the suggested support line (0.2805).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. Dogeusdt is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Looks like Dogecoin (DOGEUSD) has gone up for a while now printing massive growth...
We have multiple bearish signals starting to develop on this chart.
Today, we can see DOGEUSD moving below EMA10.
EMA21 has already been tested as support... The next time it is hit it is likely to break.
We have bearish divergence with the RSI, same on the weekly...
In our last analysis of Cardano, we managed to push up 30% from our entry zone. We marked out the $1.90 zone as a potential area where price would face resistance. Price tested that zone and is creating what looks to be a bullish correction. Price is creating higher highs and higher lows indicating that bullish momentum is kicking in.
Watching closely for price...
A Trading Signal is seen in the DOGEUSDT Dogecoin
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.278
⭕️SL @ 0.233
🔵TP1 @ 0.379
🔵TP2 @ 0.473
🔵TP3 @ 0.583
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Ripple has been making clear corrections leading to moves higher. We are now seeing a bigger correction.
Bigger correction = Bigger impulses! Watch for the break of the descending trendline and strap in for a moon landing!
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Eventually we move towards the goals of $ 6 to $ 10
Coins of the poor, which, contrary to the movement of the rich, are supposed to make ordinary people happy and spend some of it for good
Helping orphans and even children with cancer and ...
Please donate some of your profits to good deeds
The price action for Alpha has been clean. We can see that it has been following the fundamentals of wave analysis - 5 wave impulses, 3 wave corrections.
We can see that the impulse from February is identical to the impulse we just had - both in size of drop and duration of impulse. We can possibly see the start of a bullish move now.
For confirmation, we will...
We have been within this channel since the beginning of the year and it has been testing both extremes of the channel and reacting aggressively. Watch for the next touch of the channel - ideally the 61.8 fibonacci where we also have channel support.
From the recent bull run, we require a little time to refuel and get ready for yet another big move! Price approaching the 50% fibonacci in the form of a bullflag. Multiple confluences. Wait for buying pressure and then strap up for a moon landing!
Can't ignore the possible head and shoulders ... would be great to see this close around or above .315 today to see a potential breakout to the upside in a few days and rejecting the H&S thesis. Buying pressure needs to increase soon. Another attempt at retesting the ~.30 support could be make or break. Volume continues to decline and the possible right shoulder...
At the time of writing, MACD on Weekly Timeframe is sideways above zero and Signal line. A breakout with significant volume above 50c level may see DOGE retest 70c. Kindly refer chart for critical price points, resistance and support levels. Best of luck.