Shiba Inu Pump Incoming?! In Depth Analysis And ReviewIf you are bummed you keep missing out on the Shiba pumps, or if invested money in right before the most recent dump do not be fearful. Personally, I am very bullish on Shiba. Below I will give a list of factors why.
1. Volume
For my thoughts on volume, I noticed an interesting observation from As mentioned in this idea, the volume has been in a continuous downtrend which is what we have seen before previous pumps. Additionally, there are major support zones supporting price.
2. Trend Breaktrough
As seen in the chart, you can see the triangle formed and the breakthrough. This is very bullish for shiba.
3. Bullish Momentum
As seen through the MACD and Stoch RSI indicators, momentum is in our favor.
4. TP levels
Since I am leveraging my personal trade, my tp 1 is 0.0005 which is the first major resistance zone.
Memecoin
DOGE LTF Break of ResistanceContinuation of downward channel with last 9 hours following the top... sell pressure/resistance will dry up.
Target $0.191
Because... why not.
It's THE Meme Coin OG.
My Boi E came through... but So looks like elon came through in the darkest of hours... is it going to be enough? Its a good start but its still fitting some bearish counts... Need some more green here to invalidate the bearish...at the least find support on this area and start a move up. Is "news" enough?
MEM is Ready to MoonAfter dropping way before the major correction, MEM has been consolidating and I expect it to move up quickly.
I'll be buying from 0.12 - 0.16
SHIBUSDT - looks Interesting to HODL Hi Everyone,
Thought Process:
First, I know its a meme coin but it makes me some bucks.. :D i buy it at average of $0.000006 so i am holding for Miracle :D
Second, If you look at Fundamental, it does have community who believes in it. Crypto is all about believe and Time. Other than being meme coin it does posses some sort of use cases, so there is possible that in an odd and funny way it might out perform.
Third, Technically Chart looks interesting to me. a long period of accumulation with bull run, and now cooling off phase that comes to 0,786 fib according to the last leg up.
Forth, It sitting at major support for now, next major support is median line along with price action support line. IF BTC is really going to dump we might see further dump to median line otherwise it might go up from this point.
Fifth, if you wanna trade look for the break out on resistance line with other important trading indicators.
Sixth, OBV is also in good condition and touches the major support line.
Last, i am sharing this for people who might not trading but holding it and interested in knowing the current market structure of this instrument.
Project Key Features:
Meme Coin with anonymous Founder
White Paper does promise some use cases
Highly Risky Investment.
About Me: I dont consider myself trader or financial adviser, I am newbie in this industry and trying to learn about Financial Markets and trading. My sole purpose of sharing this idea is to get feedback and constructive criticism. I am self studying TA and in extreme need of a community/Seniors who help me to learn better, faster and correct me when i am wrong. I will appreciate if you give me some kind of feedback and suggestion to improve my idea/thought process. Thanks.
DOGE Resets 5th wave Rally Structure with Lower-Low for 4thDOGEUSD (Dogecoin) like ETC, BCH, EOS, and FIL hit a lower low over the past week with the sharp pullback across the crypto space. What this means is that the original lows from summer of 2021 were broken, which means that the correction that started after the big crypto top last May had not actually ended all this time. We've just been in a longer 4th wave consolidation this whole time (as marked by IV), and it appears to follow a double-zigzag pattern as we've seen across several cryptos.
While these 5 cryptos manifest this pattern, most cryptos do not. Bitcoin and Ethereum still have their bullish nested 1-2,i-ii setups for their final 5th waves intact as do other cryptos. With this reset, the new GREEN pattern projects DOGE to hit somewhere between 1.399 and 6.202, which represent the 0.382 and 0.618 extensions of our larger wave III-IV combo. That would make for an 8 to 37x return! But until we have a clear new 1-2 setup for DOGE, it will be not be possible to calculate a narrower target range for DOGE's top.
Now while the GREEN pattern sees the correction as complete, the RED alt pattern may have DOGE pullback into a deeper C-wave to 0.06 or even lower than that!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this video is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
DOGE Dogecoin: Concerning DownsideHello friends, today I am completing a technical analysis on the 1D linear scale chart for Dogecoin ( DOGEUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators.
#CryptoPickk notes the following:
1) Dogecoin price had an all time high in May 2021 and since that point, the price has only came down.
2) Recently due to the #cryptocrash, the price dropped significantly breaking a multi-month bottom trendline (in yellow color).
3) What's the concerning issue is the price came back up and re-tested the bottom trendline and since that point, Dogecoin price started falling. This is outlined by the white color path arrow.
4) Using the Fibonacci Retracement tool, the price has the potential to test the 0.786 level before moving back up. This would be a 65-70% drop from current price levels.
5) The Volume Profile (VPVR) is very heavy in that area (0.786 Fib level) as well.
6) The Volume is low. I am using a Bittrex Exchange chart but I checked Coinbase and Kraken and it is low there.
7) The RSI (relative strength index) and Stochastic RSI (Stoch RSI) are in the oversold area. Since both are oversold, the price may consolidate or go up short-term, but price has potential to drop significantly further. Stay a bit cautious as the economy and markets are fragile right now.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
URGENT! DOGECOIN BREAKOUTHello everyone i wanted to share my opinion on a trade i just took on DOGEUSDT but would like to illustrate the DOGEBTC pair for clarity as the DOGEUSDT chart is very sloppy and the DOGEBTC chart is very clean,
I entered a long on DOGEUSDT earlier today at $0.192 using cross leverage at 75x "I do not recommend using this high of leverage"
As seen on the weekly chart above i am using the MACD indicator which is currently primed for the new weekly open to cross bullish.
My trading plan for this trade is to take profit at a few different levels those levels are
1st target - $0.24
2nd target $0.28 - $0.30
3rd target $0.34 - $0.36
4th and finally target - $0.48 - $0.50
I will be closing 20% of my trade each time i hit my targets to allow for best risk management.
Thanks, LiquidMEX
Fakeout or Breakout? The Shiba QuiverMany of us including myself were skeptical about SHIBA ever blowing up, when it overtook doge I got ready to open a short. Now that Shiba has broken out of the downward channel it's been trapped in for a while, I must ask the question: are we looking at a change in direction or is it just a false alarm?
Skepticism in hand, there are a few news articles popping up about places accepting SHIB.
Mac D is down and RSI has room both ways.
I'm neutral on this, I'd love to know your thoughts below what you think will happen, and why.
If we bounce on the green resistance and start to look up and steady, I might jump in and take a long shot, but it's not looking likely.
This is most definitely not financial advice.
Any input or criticism is always appreciated.
Good day :)
buying opportunitycrab harmonic pattern:
1.6 BC=$0.00001394
2 BC=$0.00002218
2.24 BC=$0.00002969
2.6 BC=$0.00004701
3.6 BC=$0.000158
DOGE long!$DOGE is showith strong bullish setup by forming multiple bullish patterns. The resistance level at 0.21 was broken to the upside and now the retest of the level is happening. Descending trendline was broken and the reverse Head and Shoulders pattern is forming on #DOGE. Bullish movement to resistance at 0.27 $ is expected to happen.
DOGE/USDT TRADE SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this DOGE/USDT trade setup. Looks like the MEME coins season is back. DOGE is breaking out from a falling wedge structure in a 4hr time frame. Buy some now and add more in the dips.
Entry range:- $0.215-$0.225
Target1:- $0.234
Target2:- $0.252
Target3:- $0.278
Target4:- $0.304
SL:- $0.205
Long on #DOGE for inevitable above $0.59 and possibly near $1Long on #DOGE for inevitable above $0.59 and possibly near $1
Aladdin is bullish
Aladdin has 82 profitability
The possible candle movement shown considering past movement
Price entered Ichimoku Kumo. Possibility of it doing an e2e and then fly higher
Bullish on Doge