DOGE/USDT TRADE SETUP! 200% PROFIT EXPECTED!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Altcoin setup of DOGE. DOGE looks good in the daily time frame and currently trying to break the symmetrical triangle. If any daily candle closes above $0.26 then the break out is confirmed.
According to fib retracement 0.618 level (Golden pocket) is a strong resistance which is at $0.3. Once we break the $0.3 level then we see a big pump in DOGE.
Also, Elon musk is in favor of DOGE and he recently tweeted that he is holding BTC, ETH & DOGE which will push the price of DOGE. So buy now and hold it.
Entry range:- $0.24-$0.26
Target1:- $0.3
Target2:- $0.38
Target3:- $0.44
Target4:- $0.56
Target5:- $0.72
SL:- $0.22
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Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
Memecoin
SHIB Not Slowing Down!?This 1hr chart for SHIB has me howling for the moon!
It seems that we are breaking out of a symmetrical triangle or a bull flag formation. For me, the completion points of the two yellow measured moves creates the target range for the breakout.
If we move down, I will still be howling and looking for a bullish bat formation to develop. For me this will be a good reentry point.
What are your targets for SHIB?
What I see for DOGEAfter the pop of BTC and ETH, it is time for altcoin season. I have already shared a couple ideas on MATIC and SHIB, will be releasing others soon as their times come closer.
With many of the altcoins going off, SHIB, SOL, MATIC, DOT, and others, I think we are still yet to see DOGE and some of the other altcoins go along with the bull run.
DOGE had a mini breakout of the swing high of the ascending triangle, and now looking to retest that area before going higher. I do think we need to wait for some of the other altcoins to calm down a bit because lots of money will be tied up in other coins, especially SHIB which everyone was watching.
I played the falling wedge within the bigger wedge beautifully and now waiting for the breakout for DOGE.
Once we see a proper break of the 0.28 area, I think DOGE can really open up and reach some of the targets I laid out on the chart
REMEMBER: wait for the retest and confirmation. This will move fast when it starts going, just like before.
I already have my starter position, and have been holding for some time.
SHIBUSDT broke out of it's bullish flagMemecoin, shitcoin, whatever your view on smaller coins may be, people like them and you can use them to make profit if you stay level headed.
So just like the title says, price broke out of it's bullish flag and you can see the targets on the screen.
1st TP is the base of the flag at about: 0.00004312
2nd TP is the pole of the flag at about: 0.00005508
And if price retraces, we may catch an entry at the daily demand zone I marked out on the screen which is the zone within the red candle.
Cheers ;)
Look For a Break Above $0.27 in $DOGE$DOGE has been going through an accumulation and consolidation phase. It seems that the phase is slowly ending and as such a pump may be incoming. As the king of memes, I would enjoy buying up this name below $0.30 once it successfully clears $0.27 level. Set alerts, Elon is pumping as he tweets about his potential of becoming the first $DOGE coin trillionaire. Targets: $0.27, $0.31, $0.38, $0.415.
SHIB ARMY! Chart by Commander CryptoKnee ShibArmy Reserve. 17OCTSo the 2 time voted "grandma could do better" chart worked out pretty good as described in last chart, it broke the trend line down and retested the previous support where bulls were waiting and bounced 20%! BUT for this triangle variant, its not all sunshine and rainbows though, as things in the market rarely are. Still being cautious as anything could happen and right now the PA is reacting to the golden corner pocket and vol came in for this move but average is down... which is typical for a triangle. Now that price has broken above some of these previous resistance, bulls want to see these flip and turn into support. NGL some of the Elliott wave on this last move is a bit questionable to me, ATM, so still meditating on that, but structure has been playing nice so keeping an eye on that for now.
SHIB ARMY! Chart by Commander CryptoKnee ShibArmy Reserve. 16OCTRed Path NAILED the Price action, and my previous Elliott wave chart is progress pretty well also so check that out. If you are actively trading this asset, you may want these lines. Moved the level labels around a bit and noticed RSI on the 1 hour has bounced off the bottom, last 2 pivots coincided with overbought oversold areas. Volume still dropping. Green would be a nice path up and out of this range and fit a triangle correction pretty well. Current PA is grinding up the trendline, could see it grinding up to the resistance then, POP. Fall out of the grindage could mean a revisit to previous support, which will hopefully hold. BUT nothing is for certain and always good to have a back up plan ready.