This was a clean break out of the downward wedge and just as it made its second leg up BOOOOM, market makers formed a double top and gained better short positions. I look to around 35K for short term targets.
Bitcoin is continuing its path down. I honestly think it will go to mid 20K before turning around. It’s very very possible. It would complete a megaphone pattern on the weekly that I’ve been anticipating for a while now.
Dogecoin is going to take a poop soon! You know it, I know it, we all know it.
Anytime you get a rejection candle that’s only slightly higher than the previous resistance, there’s a high chance of reversal. Down is the direction.
Megaphone pattern forming! This will find support around the 20K - 25K price area. It’s literally written right in front of our faces. Trade safe!!!!
There is no doubt in my mind that Dogecoin has the potential to go well above $1 due to its massive following amongst followers of the coin as well as Elon Musk supporting it. One reason I think Dogecoin will go down to around $0.10 is because of its previous support level. Usually price will test major support levels before extending to new price...
The wash sale rule doesn’t apply to crypto just yet so be ready for sell offs before the end of the year.
We’re going back to 35-40K. Get out because it’s going to be a slow decline until next years pump. These whales will make money on the way down. Don’t play their game. Just be patient. Just my opinion, not financial advice.
The crypto community price levels will rise in time; I don't think anyone with a technology background will argue that. However, too many people are bullish based on previous price movement. The problem is, adoption is only a small percentage to the companies that are out there. Whales will dump us over and over to accumulate the run to 100K on the BTC side. ...
BTCUSD using Elliott Wave analysis. If we in fact go up from here this quite possible. If we on the other hand are in a megaphone short-pattern then we can expect price to possibly hit 20-25K for the bottom. It all kind of depends on if we can keep the upward momentum going @ 37.5K
Bitcoin has had a great run over the past week and a half closing bullish on the monthly. At the time of writing, Bitcoin has hit the .382 entrancement on the monthly and is experiencing some selling. I could see the price selling to around 37.5K this week before continuing to the next target of 47K. Note: I am not a financial advisor, this is intended for...
.125 IS THE TARGET. DON'T LET ANY OF THESE INTERNET GURUS TELL YOU ANY DIFFERENT ^.^
It's going to be a long time until we start seeing price back to where it was.
The charts from $0.06 to $0.43 are almost IDENTICAL to the moves from $0.43 to $0.75. This is the next move up according to previous history. It was due to an Elon Tweet.
Interesting. Possible major reversal zone?
A dollar is coming sooner than we may expect. With Elon on the edge of an anticipated announcement with work he's been doing with the Dogecoin Devs since 2019 and Coinbase listing Doge within 6-7 weeks we could see this price level hit very soon. I could also see Bitcoin take off as well heading to investors anticipated area of $100,000 during Dogecoin's rise...
Only thing that looks accurate with Coinbase and possible Tesla announcements coming up (I am Not a financial advisor)
Big money is waiting to get the biggest part of the dip. Right around ~40K and ~36K. I'm not a financial advisor.