Doge showing a knife don't get poked by the falling knife. Struggling to hold that $16-$15 range. Double top into a falling wedge back to retest at around .12 HAPPY BITCOIN HALVING!
Traders seeking to chart the course of Dogecoin through its intricate price structure must be keenly aware of the delicate balance depicted on the daily charts. The marriage of Japanese candlestick analysis with the more subtle nuances of technical chart patterns paints a detailed canvas for speculation. Candlestick Analysis: The latest candlesticks reveal a...
Well, here we go! Green trace is new today… I’ve been looking for a more neutral, sideways projection to show up.. and this feels pretty good, in contrast to the potential bearish moves in pink and red. The daily candle RSI is already reset, and i would anticipate a bullish cross in the MACD up top to confirm, but i do believe we established a pretty long wick...
In Elliot wave principle analysis - Triangle is a figure of a trend continuation. It always occurs in a position prior to the final actionary wave, in the pattern of one larger degree. I.e as a wave four in an impulse, wave B in an A-B-C, or the final wave X in a double or triple Zigzag. A triangle may also occur as the final actionary pattern in a corrective...
A very simple idea that comes from using the Bitcoin halving's dates along with the Dogecoin price action to predict where the price of Dogecoin will go for the rest of 2024. As we can see right after each Bitcoin Halving, the price of Dogecoin goes sideways for ~6 months average. Once that happens we see the parabolic bull run. Taking that data from the last...
Overall crypto market correction has been rough on Doge. So far top to bottom has been about a 44% drop. I don't think this so called "Bullish Dip" is quite done yet. We should see at least one more low to complete the 5 waves sequence of wave 5 of wave C of the wave 2 correction. Even though the bullish invalidation is way back at $0.05, I will start to get...
Hello! the pink trace is cool. it is from the initial bearish impulse Eliot wave (12345) expanded, about 3x... so that the leg from (0-1) is now from (0-5)... This is how doge shows us what its gonna do before it does it. how the fractals propagate. Question is, does it kick in now, or does a longer range bullish fractal, like the other one of the other...
Hello, Looking at the 4 hr candle, i notice that BTC just printed a lower Low, while DOGE printed a higher low…. Which could signal that this level is a bearish continuation for BTC, and that wea re competing a reversal off of the long wick to $.13 for DOGE. IS this when the prophecy becomes realized? The massive all time bump of BTC and move to DOGE?
Hello, This is the view of Doge today... showing a fresh bullish and bearish forecast on the 99 minute candle. Depending where we start counting our wave from the first or second peak, we could be at teh bottom, and would follow the purple trace up now, or we could be at the mid level and need one more move down before the next bullish motive wave. this is from...
Learning how market structure breaks and retest each month on a consolidation market
A simple idea on how Doge will go up in the next days ahead of the Bitcoin Halving and the most anticipated 4/20 date. Lots of exciting things coming up this weekend! Given the fact that the Daily chart of Doge is finalizing its downtrend pattern, we could see a bounce back to 20 cents this weekend. Much wow!!
Doge on the daily is fighting and losing to the SMA50,it is below the SMA9 as well as the EMA20. It is falling off on volume as well as momentum and the BEARS are stepping back in. For the last 2 days it's been a perfect short if you just short from the SMA50. We still have a sell signal which never retreated regardless of this recent bounce. WE have decent...
Doge broke out after a long consolidation and once it got above the $0.10 level that it had a lot of progress to the upside and eventually topped out just above the $0.20 level. On the way back down, you will find that there is temporary support in the $0.12-$0.13 range which for the bulls hopefully holds. However, if and when you next lose that $0.12 range you...
Billions of Dollars from Chinese Bitcoin ETF's that have just been approved, will enter the crypto market. That doesn't mean we're going to the moon tomorrow. Hang on and stay patient.
it appears we have formed resistance at the 0.236 fib level, as drawn out by the yellow line. And believe it or not this has happened once before in late 2020. I Believe Dogecoin price will be range bound within the red box (right chart) for the next 161 days before we get the majestic WEEKLY GOLDEN CROSS that will send prices beyond the yellow line &...
Looks like an explosive move to the upside is coming. Buckle up, If it goes under .072, I'd consider buying. Maybe .068 for this trend, idk it's a strong trend, and as long as a crash is quick, this trend can hold. Meaning, if it drops sharp to .0616 or so.. HUGE BUY for a quick return to trend and probably over.
we and basing on our technical analysies well be bearish for the weekend