Hello Steemers!
Decided to chart the gold old Dogecoin today. Many consider this coin a total joke but the fact is it's been within the top cryptos for a very very long time and it's worth checking out.
DOGE/BTC Poloniex - 1 day chart clean
DOGE/BTC Poloniex - 1 week chart clean
Clean charts for start to get a view of the overall situation.
DOGE/BTC Poloniex - 1 day chart highs and lows marked
DOGE/BTC Poloniex - 1 week chart highs and lows marked
Marked previous highs and lows, but this time I marked the only on the weekly chart in order to try and keep the mess down.
DOGE/BTC Poloniex - 1 week white trendline
Spotted a very mild uptrend trendline, made sure i mark it right away.
DOGE/BTC Poloniex - 1 day chart highs and lows marked + fib
DOGE/BTC Poloniex - 1 week chart highs and lows marked + fib
Added the Fib to see if i can clean up the chart a bit more.
DOGE/BTC Poloniex - 1 week chart cleaned + triangle
After cleaning the chart up a bit more i noticed a possible triangle pattern and got left with the lines I think are more likely to play an role in the near future.
COMMENT
Once again, I will post the comment by commenting as it involves my personal opinion!
Thank you for understanding!
If anyone has any questions or need's help fell free to ask, I will try to explain as fast and as best as I can.
Critics, comments, reply's, counters, advice's, etc. are always welcome!
Have my charts helped you in any way?Let me know with a comment below :)
Are there more people who are doing TA?
Please post the links to your TA's posts into the comments as well!
DISCLAIMER
I am showing multiple scenarios on the price movement, in the post itself I do not take any stance, either bullish or bearish. I am not responsible for neither you’re winning nor you're losses upon trading! the "comment" section is my personal opinion and does not mean I have to or do hold any positions in the given market.
Everyone who uses TA develops his own unique charting style, please keep that in mind.
Kind regards, OZ :)