DOGE/BTC / I might be delusional In the past couple weeks I've been looking at doge move, regretting I didn't take all the positions I would see on TA.
The whole story around it as a meme coin is scaring me off.
But I keep seeing it move in patterns, I see these Elliot waves in Elliot waves in Elliot waves, but maybe I'm just tripping.
It's just that when you start to analyze other timeframes and everything it all looks like this perfect scenario... but it's still a meme... right?
DOGEBTC trade ideas
DOGEBTC - 4h - BULLISHWHY ❓❓
| distinct triangle
| ema12 crossed ema50
So my guess is it's going to the upside of the triangle
More indications
| upwards yellow channel
| bull div RSI (see purple vertical lines and arrows)
TARGET: 777
limit @750
SL: 470
GOOD LUCK TRADING EVERYONE
If you (dis) agree, let me know
WHAT WILL HAPPEN TO DOGE?!Dogecoin has an insane run over the past few months from 23 sats to 700ish sats.
Doge also caused the last week btc retrace because all the money went to doge from btc.
That is why when all crypto markets falling dogecoin was rising.
But now markets are getting less volatile and dogecoin seems to enter a consolidation period.
To be honest i m expecting price retrace until between 300-250 sats area after consolidation but i dont recommend shorting especially this coin because this coin is open to manipulation!
I definitly not buy from this price because this coin can only go low in the long term.
Also volume is decreasing a lot lately. Without volume bull run can not continue! Rsi says we are overbought too.
Be careful in this times because right now we are in a bear market which is actually needed!