DOGE double Head & ShouldersPlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. Don't be just a taker, be a giver! 👍🏻
Dogecoin formed "embedded" Head and Shoulders pattern - smaller cyan (H&S1) and bigger orange (H&S2). Head is same for both, just different shoulders. Price broke the yellow uptrendline, H&S neckline1, and then also H&S neckline2 which has been backtested recently - price rejected. If we make lower low (below the white dashed @ 0.05588) DOGE can start the decline to Head and Shoulders targets (TARGET1 and TARGET2). INVALIDATION1 relates to cyan H&S1. INVALIDATION2 relates to orange H&S2.
SHIB doesn't look good either:
BTC doesn't look good either:
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
DOGEBTC
DOGE TO MORE THAN 13X BY XMAS ? $1.69 ?What if this is setting up to be an April 2021-like DOGE run against BTC? If using 2021 as reference, and DOGE does begin to make new highs against BTC into end of year, a similar percentage increase has it around 3333 sats. Remembering 2021, these moves happen fast, leaving few opportunities for sidelined investors/traders to jump in -- in only 6 weeks DOGE went from its April 2021 trough to SNL peak that May. Fast forward 18 months and it appears DOGE has possibly initiated a similar move as it doubled against BTC in just a few days. If this is the beginning of April 2021-like move then DOGE can potentially 14x to 3333 sats in a move with similar percentage change to 2021. 2021's spiritual successor xmas pump.
Keep an eye on DOGE!Here's a quick Look at DOGE 30 min chart .
The best entry would be when the price breaks above 0.1265$ with a good amount of volume . One to keep an eye on.
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The idea is: Buy when the price breaks above 5.1$ and take profits at the levels shown in the chart.
Targets:
1. 0.129$
2. 0.134$
3. 0.142$
4. 0.15$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Dogecoin formed bullish Gartley for upto 41.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Dogecoin .
On a 1-hr time frame, DOGE has formed bullish Gartley setup.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DOGE strongest pump since monthsDOGE / USDT
Strongest pump since 2021 with breakout of 18 months falling wedge (557 days )
Could this be a new bull cycle for doge ?
blue rectangle marked in my chart should hold to remain bullish
Where are DOGE fans ?
waiting your questions/thoughts in comments section below ⬇️
DOGE - To the moon! Huge bull flag | +5000%
Doge is absolutely ready for a massive impulsive wave to the upside on the macro scale!
The chart is printing an impressive bullish flag on the weekly chart with an ABC ZigZag structure, which is even better.
As you know, I am very bullish on Bitcoin for the upcoming year 2023 and the BTC dominance chart indicates a juicy alt season!
As per my Elliott Wave analysis on the macro scale, we have finished a corrective ABC wave 4, and we are currently starting a final impulsive wave 5.
We don't really know what price DOGE can reach, but I expect the 0.618 FIB or the 0.764 FIB extension from Wave 3 -> Wave 4.
The average transaction fee on DOGE is currently 0.04 USD and the confirmation time is below 1 minute.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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DOGE/BTC is breaking up mid level of downtrend channelBINANCE:DOGEBTC moves wonderingly completely different from the BINANCE:DOGEUSD chart.
It shows early signs of recovery. But it is certainly needs to continue the observation. Zoom in the chart to understand the movement.
For the study purpose only, not a financial advice.
Market Update 9/25/22 Why We Cant Have Nice ThingsTIMESTAMPS:
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BTC 0:00
Why the Macro Still looks Bad 7:02
ETH/BTC 8:33
DOGE 9:35
XRP 12:55
Closing Statements 19:45
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I go over what I think pretty quickly and then go into the nuance of the movements and then a quick overview of ETH/BTC, Doge and XRP. I recommend watching at least the first 4-5 minutes of the video.
Summary: the Macro looks horrible and that hasn't changed. The price needs to reach around 22.4k within the next couple of days for me to even consider a change in mid-term trend. The fact that BTC mainly moves when the stock market is open hasn't changed either.
There are conflicting buy and sell signals on the short term now with converging sell signals on the 2 and 4hr timeframes.
Yesterday's day candle, to make things worse, hit the target we needed to hit on todays candle, 4 hours before it needed to be hit. Furthermore, were collapsing back down to hit the target we need to hit (today), with the downward trend from everything crated on todays day candle thus far.
I mention Doge XRP and ETH/BTC also, but not much has changed with those.
Check near the end of the video for XRP as it is the only one that may have a chance of doing anything. Though, depending on where the day timeframe candle ends for btc things could be bad in the short short term and indicate weakness coming into the stock market this Monday.
Now, I wait for things to happen, so none of this means much to me until we start these candles where I want to see them. I just like to put out my thoughts to better explain my thinking and show how this strategy can be used for the longer time frames and similarly for the shorter time frames.
Also BTC starting the week right under the Day hull and with a down trend on it, generally shows a big drop chance on the short to mid term.
I will be streaming the Week candle change, starting tonight at 19:30 EST (UTC-4). As I always do.
Market Update 9/24/22Short Video. Looking for BTC to end above ~18,819. More specifics are in the video.
Besides that I go over what happened on ETH/BTC, DOGE and XRP and what I am looking for in the coming days.
Take care. Let me know if there is an alt you want me to look at in the future and I can add that to my updates or make one about it.
Market Update 9/23/22 The Sound of Bulls?TIMESTAMPS:
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What I want to see in APPL: 0:00
How that may translate to the SPY,DJI,NDQ 4:46
VIX 5:40
APPL Possible Concerns/Targets 6:16
BTC/USD 8:36
ETH/BTC 10:00
DOGE/BTC 11:00
XRP/USD and XRP/BTC 15:05
Closing Statements 19:37
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I go over what I want to see in the first 3-5 minutes and then I go over some crypto pairs that look like they have big potential moves (more so continuations) coming up. Those are ETH/BTC, DOGE/BTC and XRP/BTC.
We started the day bearish like I expected and ended in the range I expected. Though the in-between was certainly not what I expected. I was somewhat surprised we didn't break to 146.60, but I thought that even if we did early in the day, that it had a high chance to return to the area APPL ended at. Otherwise we start next week over sold and had a strong reason to move back up to test. Which didn't seem like a great idea for longer term bears.
I am still looking forwards to whether we start above or under the Week 500 hull
for APPL as a general idea of whether we return or fall off the cliff, but the sentiment going into this weekend feels bullish. We will see if BTC can end slightly above the Day 500 hull (18945) as it usually does indicating an attempt to move back up and breathing room for alts.
DOGE - Brutal sleeping giant! Huge falling wedge
The doges are still sleeping and we need more time to start a new uptrend, much more time than I expected previously due to fundamental changes in global economy.
I belieave we will have a very nice rally after we finish this falling wedge on the daily / weekly timeframe! But for now, the bears are still powerful.
The falling wedge is really beautiful, I like it! Unfortunately we have only 2 touches on the downward trendline and that's not enough in my opinion.
According to my Elliott Wave analysis, we need to complete this impulse wave with another impulse to the downside because this structure is incomplete and I don't really see it as an ABC correction.
We don't know where the fifth wave is going to end, I think we can touch the downward trendline 2x more times with a divergence on the daily chart.
I think DOGE is a great altcoin and definitely will have a place on the ladder of coinmarketcap, because it's a very popular coin and people like it. Elon Musk is also a fan.
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