Channel with some pretty relevant support and resistance levels to check. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for...
*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only* ========================== A very Bullish pennant formation since yesterday. Just a thought. Risky. Highly volatile. But I likey. This one is a TRADE only opp for me. As always, watch for volume. Do your own research. Always be watching BTC . Good chat.🤖
Holding long positions opened in the 0.05 ish. Trying to track the price of Dogecoin while it fluctuate could be interesting. Channel and fans here. Update of
April fool 's day with a nice spike. We had 0.070 hod. Price is 0.0585 ish now, so the spike has been mostly sold. We will check the SMA50 and SMA20 as a pretty relevant first support zone.
Trying to track the price of Dogecoin while it fluctuate could be interesting . Channel and fans here.
I am noticing a few different things happening on this 1hr chart. We have broken out of a symmetrical triangle. For me, the measured move target is about $.078. I will also be waiting in the bushes to see if the bullish cypher (or another harmonic) develops. To me, this would be healthy as we would retest the trendline/channel and potentially take off...
Looking at this 4hr chart it looks like Dogecoin is finding it's way through the woods! My whiskers are telling me some big moves are coming in general for the cryptosphere. Doge looks poised to move up to the top of the channel. I'm howling for the moon for Doge! Owhooooo!
I'll be waiting in the bushes and watching this 4hr chart to see how Dogecoin plays out. It seems we have broken out of a descending channel and are now forming an ascending triangle. My whiskers are telling me that this could be a bearish continuation or a bullish reversal, but that a break up is more likely. Owhooooo!
If you want to trade on Doge I think you should to wait when the candle break the trendline resistance then decide your RR. But, for myself I think I would put money for long-term since I found so many good news on it that you could also find at the links below (Source apps: BitUniverse) 1. cryptobriefing.com 2. cointelegraph.com 3. www.coindesk.com 4....
Hi everyone, this is another update on dogebtc. As per chart we can see that for time of writing we have a nice reaction from fib 50%, but i would like to point out that after almost 1000% gain, we may see a 61.8% retracment on doge before any futher upside. This information is not a recommendation to buy or sell. It is to be used for educational purposes...