We have been on a healthy pullback which has created a solid buying opportunity to Avg. down or continue to stack your bags. We're currently nearing a strong resistance at .26 which if you take a look at the RSI is also indicating we are Oversold. Typically when we meet a resistance & the RSI indicates an Oversold asset it leads to a reversal. Heading into the...
If we're able to get above the 50 EMA that's a strong indication of a Uptrend fixing to happen, so if we get above it & the Volume pick up we should see a big push above the upper trend line rolling into Thursday morning. If we hit the 50 EMA we could see a rejection & continue to call into a Consolidation phase sticking around .27 heading into Friday.
We may have just witnessed a Fake-out, looking to get rid of the paper hands before the next leg up. We are currently still in this Bullish Pennant & may begin our next swing upwards through Tuesday Night & into Wednesday morning. If we are able to bust through the top of the pennant, this may be the beginning to a big Bull run surging through .36+ heading into...
Taking a look at the 4hr chart Doge has created a Bullish Pennant Pattern, what we should see unfold next is a surge through the top of the wedge pattern followed by a retest then a nice push Upwards. If we happen to break this Pennant Pattern & get a reversal, we may find ourselves at the .26 resistance followed by a consolidation phase through the week.
We've continued in this wedge pattern for a few days now & seem to be ready for a new pattern tomorrow, Wednesday the 25th. We've got 2 strong resistance lines below us which are .26 & .28, so if we do fall below this wedge those are the 2 prices we should keep an eye on for buying opportunities heading forward. We could consolidate between the two moving into...
We may see a nice push through the top of this wedge creating a retest followed by a nice spike to .36+ or well fall below the wedge then consolidate around .28 & .30 through the weekend.
I believe we'll see a slight pullback then we need to pay attention to the Volume, if we're able to catch Volume we may head to .35+ Saturday afternoon. We very easily could have a sell-off then a Consolidation Phase through the weekend.
We just broke above the upper resistance of the wedge, what we may see next is a slight pullback before we head to .34+ through the night. If we do fall back into the wedge we may consolidate today heading into Friday morning, the next trend will set up the weekend.
After we consolidated we rose right into the previous wedge which is now a continuation. The good news is we're nearing the end of this wedge typically leading to a new trend with a spike. We are going to see a minimal pullback to then test the top of this wedge, from there and f we decide to have a sell-off well potentially fall to .25 which has very strong...
This will play out as a fake breakout & fall too .30 followed by a consolidation phase or we will continue this new Uptrend pattern & test .36 as we roll into Thursday morning.
As you see here we've been riding along this Uptrend resistance very nicely. We created a Triple Bottom but ended up consolidating a bit heading towards to the trend line, now that we are here the 2 things we need to look for is a cross over or Touch & Go. If we do fall below the trend line we may see .28 again followed by a Consolidation phase heading into...
As you see here we've created a nice falling wedge pattern along with a Triple Bottom on the chart as well as the RSI Indicator. If we get a push through the top of this wedge we will see a slight retest then a Uptrend to approach .35 again. If we do break through the top & on the retest continue to have a sell-off we may continue to fall down to .29 resistance &...
If you go all the way back too April '21 just before the massive Bull Run we had a Consolidation Phase which we just came off of starting in July running into Aug. Next we broke into an Uptrend, yes in April it was larger than the one we are seeing now, but it's identical to where it has started & finished. Next was the Bull run that sent us too All Time Highs,...
If we do have a pullback, it will be a healthy at that. We may fall to our previous resistance at .30 then give .35 another shot. We very well could continue on this massive Bull run, but if we do cool off a bit it might be a great time to buy in before the next leg up.
We've broken through this wedge pattern & may see a slight pullback before we make a run to the .34 resistance. If we do fall back into the wedge we may see a large pullback to .26 - .29 consolidation phase. I believe we will see Doge at .35 Monday morning then pushing .40+ as we near next weekend.
Expect a big swing to come into play as we move through the night into the weekend. I've gone ahead & labeled 4 major resistance points we should pay attention too for reference points. Bullish: we may see a slight pullback to a very strong resistance which I expect us to bounce off & test the upper trendline with a breakout. Bearish: we break below this...
Were at a point where either were going down .05 or up .05 in our next move. If Cardano continues this bull run along with BTC growing stronger, we very well could be headed to the .33+ range.
This Harmonic Pattern indicates we will see a nice Uptrend next. Also taking a look at the RSI you see we've closed in on the Oversold indicator which gives us confirmation that we may see a Reversal to the upside. If we do break through the bottom of this wedge pattern we may see a Retest then another Large Pullback. I'm Bullish for today.