Looking at the high timeframe charts show us that the Ichimoku cloud has been cleared and we are ready to enter the stratosphere! Next stop: Moon.
Prior lows for Dogecoin in $US values have bounced off of the 0.002 twice since July of this year with some good velocity. Additionally, the momentum indicator I use has signaled a strong buy at where I expected from prior Price Action Looking to capitalize on the cyclical patterns of DOGE/USD for a decent R:R of around 5 stop set at 0.00175
Looks like a bounce on Aug 17th approx and then a dump after retesting $7000
Sitting on the all time low, if you believe that the market is going to recover then AST/BTC is a no brainer.
Pretty straightforwards chart, prior supports are resistance etc
Prior lows becoming support to be broken S1- $6,000 S2- $5,400 S3- $4,970 BTC is -25% from July 25th BTCUSDSHORTS are +57% since July 25th Short term is unknown, obvious targets are to test $6,000 (S1) and then finish off the shorts with a facemelter to $7,000 - $7,200 range before another dump to hunt for stop losses set by BTCUSDLONGS
Fundamentals: upcoming events include the CASPER and general Ethereum developments. When this happens the POW consensus will switch to POS, and the hash rate from the miners will have to go somewhere. I assume this will go to the most similar digital asset, being ETC. If this doesn't happen before the CASPER implementation, there will likely be a migration from...