It appears DOGE deviated beneath its .092 support to test demand around its h4200EMA, which is where it appears to be catching a bid now. So long as BTC continues to hold its 40/41 support, I believe this is going to be a great entry into end of year/ Christmas rally. Reclaim .092 and it has a relatively clear path to .11.
Haven't touched this Bitfinex chart in years... 41ish entry targeting 48, invalidated less than 40 - essentially playing the trendline to trendline move; we blew through lower trendline on way up so now backtesting it as support. Upper trendline remains untested... Perhaps we base now along lower trendline and then run higher towards 48 (upper trendline) into ETF...
Bears seem to be getting ahead of themselves. Channel bottom established October still being respected.
Break and retest of local swing high downtrend line around high time frame giga support .093. TP1, TP2 (.115 and .135) above. Are you going to accumulate atop .093 giga support now for moon pump or are you going to be moon pump exit liquidity?
I'm liking TSLA here just beneath its MID of the whole move. If can reclaim MID, in the process breaking through the downtrend line that it has been confined to since July swing high, I believe there will be a violent snap back to reality type move up to and through the July swing high (299). I've activated some January 300 calls just in case we put the first...
I believe COIN setting up to fill last Friday's 146 close (unfilled gap) either today, tomorrow, or Friday, depending on if BTC can continue to show strength. D1 Stochastic RSI also resetting nicely now. Additional gap incentive up through 180.
Wen moon? I ask as we get closer and closer to the physical delivery of Dogecoin onto the moon. I think that .092 is an excellent place to be a buyer into year end. We've already had a nearly 20% decrease off the swing highs. .092 had been major resistance level for all of 2023. If .092 can hold now as support, I imagine a much bigger move to the upside is in...
As I ponder which gap will fill next, I'm noticing many seem to be thinking a 3xxxx bid is promised... 3xxxx bids are promised to no one. Reclaim 42000 and I think odds shift dramatically in favor of 44910 next It looks like an Adam and Eve bottom/ reversal forming just beneath mid, which should be enough to muster price back above 42000. BTC1!
New moon and Daily Bollinger Bands confluence as support. Let's look to see if this support can hold into end of year.
I believe this is shaping up as a deviation beneath MID (of the whole move). It seems plausible that if we can reclaim MID then we likely revisit the inefficiency left behind by Monday's capitulatory price action in a flash, as well as inevitably hover above MID long enough for a formal gap fill of last Friday's 44910 close.
As painful as it may be, you're a better buyer here at .092 support. .092 was major resistance on the way up, and so we're now getting a proper backtest of the level as support. There's always an opportunity buying into weakness. Better days are coming.
Range lows to range highs is a lovely trade. Generally speaking when we get violence at one end of the range there's a tendency for there to also be violence at the opposite side of the range... Also, I don't see how you can ignore this relative strength in DOGE at the moment. Moon mission in next few weeks as well. Dips are for buying.
Dips are for buying. 10% dip so far from last week's high to the intraday low. If you've been sidelined and looking for an entry, this dip to backtest the mid of the whole move may be a good place to look for for a long entry into the ETF decision early January.
Above 69 (mid range) I believe this trends toward 100. Reassess if starts closing lower than 69. It looks like it will close the week above 69 however, which is a convincing indication that the bullish momentum of last week will continue into next.
Atop h1 13/21 as well as h4 12/21, COIN looks ready to begin its ascent from range low to range high. Plenty of gap incentive along the way. And with BTC continuing to trend higher, what's to stop it?
May not be quite this dramatic, but either way the bottom line is 618 of the whole move is within striking distance, confluent with current range high. I believe there will be a violent thrust up from current juncture ~range mid, perhaps before this weekend. It's likely tagging the 618, and from there, perhaps because we still have so much runway into ETF, it...
I am following up to my November SOL idea, in which I predicted this rise to 69. Now that we're at first quarter retrace of the whole move, it's time to prepare for further markup to the mid of the whole move -- around 133. I believe this move will happen fast as we fill inefficiency left behind by last April (2022) capitulation.