ultron212
@ultroni
long time trader
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DOGE TRADING STRATEGY
1. Short-Term Bounce Strategy (Scalp or Swing Trade)
Given the oversold conditions on RSI and KDJ:
• Entry: If the price approaches or stabilizes near the $0.30 support level.
• Exit: Look for a bounce towards the resistance level at $0.34 or when RSI(6) and KDJ show signs of recovery above neutral levels (RSI > 40, J > 0).
• Stop-Loss: Below $0.295 to protect against further bearish continuation.
Rationale:
#DOGE • The oversold signals suggest a short-term recovery, especially if volume picks u
Given the oversold conditions on RSI and KDJ:
• Entry: If the price approaches or stabilizes near the $0.30 support level.
• Exit: Look for a bounce towards the resistance level at $0.34 or when RSI(6) and KDJ show signs of recovery above neutral levels (RSI > 40, J > 0).
• Stop-Loss: Below $0.295 to protect against further bearish continuation.
Rationale:
#DOGE • The oversold signals suggest a short-term recovery, especially if volume picks u
DOGE COIN DOUBLE BOTTOM FORMED
• Potential Reversal Signs: Oversold conditions on RSI, Stochastic RSI, and Williams %R suggest that a reversal or consolidation could occur soon.
• Action Plan: If you’re trading, consider waiting for confirmation of a bounce from the support level (0.30301) or a breakout above the resistance level (0.34178) before entering any position.
#Doge $DOGE
• Action Plan: If you’re trading, consider waiting for confirmation of a bounce from the support level (0.30301) or a breakout above the resistance level (0.34178) before entering any position.
#Doge $DOGE
DOGE COIN STRATEGY
Support and Resistance:
• Support: 0.30256 (recent low).
• Resistance: 0.33047 (upper trendline).
Conclusion:
• The market seems cautiously bullish, but indicators like the Stochastic RSI suggest the price could face resistance soon.
• If breaking 0.33047 resistance, it may continue upward; otherwise, a pullback or sideways movement is likely.#DOGE $DOGE
Support and Resistance:
• Support: 0.30256 (recent low).
• Resistance: 0.33047 (upper trendline).
Conclusion:
• The market seems cautiously bullish, but indicators like the Stochastic RSI suggest the price could face resistance soon.
• If breaking 0.33047 resistance, it may continue upward; otherwise, a pullback or sideways movement is likely.#DOGE $DOGE
DOGE COIN STRATEGY FOR TRADERS
For Buyers: Consider entering near 0.34 USDT if it holds as support, with a short-term target of 0.36–0.37 USDT.
• For Sellers: Monitor resistance at 0.37–0.38 USDT; consider selling into strength if the price nears these levels without strong bullish confirmation.
$DOGE
• Key Level to Watch: Break below 0.33 USDT could indicate a deeper bearish trend.
• For Sellers: Monitor resistance at 0.37–0.38 USDT; consider selling into strength if the price nears these levels without strong bullish confirmation.
$DOGE
• Key Level to Watch: Break below 0.33 USDT could indicate a deeper bearish trend.
FESERAL FUNDS RATE EXPECTATION TONIGH
The Federal Reserve is widely expected to announce a 25 basis point interest rate cut today, lowering the federal funds rate to a target range of 4.25%–4.50%
This would mark the third consecutive rate reduction in 2024, following cuts in September and November.
Despite this anticipated cut, the Fed is projected to adopt a hawkish stance regarding monetary policy for 2025. Analysts suggest that the central bank may signal a slower pace of rate cuts next year, influenced by factors such as persist
This would mark the third consecutive rate reduction in 2024, following cuts in September and November.
Despite this anticipated cut, the Fed is projected to adopt a hawkish stance regarding monetary policy for 2025. Analysts suggest that the central bank may signal a slower pace of rate cuts next year, influenced by factors such as persist
XRP Scenarios and Possibilities IN 1-6h
Bullish Scenario
1. RSI and MACD Breakouts: If RSI rises above 60 and MACD histogram turns positive with a divergence, upward momentum could return.
2. Volume Surge: Higher buy volume would confirm a bullish move toward higher resistance.
3. Short-Term Target: $2.50 - $2.60 range as resistance levels.
Bearish Scenario
1. RSI Below 45: If RSI trends lower, it signals weakening momentum and potential downward pressure.
2. Bearish KDJ Crossover: If K and J lines fall further below D line, price may
1. RSI and MACD Breakouts: If RSI rises above 60 and MACD histogram turns positive with a divergence, upward momentum could return.
2. Volume Surge: Higher buy volume would confirm a bullish move toward higher resistance.
3. Short-Term Target: $2.50 - $2.60 range as resistance levels.
Bearish Scenario
1. RSI Below 45: If RSI trends lower, it signals weakening momentum and potential downward pressure.
2. Bearish KDJ Crossover: If K and J lines fall further below D line, price may
NEWS TODAY Impact on Crypto
• Rising inflation (as suggested by the PPI data) may create short-term downward pressure on crypto due to potential rate hike fears.
#BTC☀ • However, weaker employment data (higher unemployment claims) could offset these fears by increasing the likelihood of the Fed adopting a more accommodative stance, which tends to favor crypto.
$XRP $BTC
$DOGE
#BTC☀ • However, weaker employment data (higher unemployment claims) could offset these fears by increasing the likelihood of the Fed adopting a more accommodative stance, which tends to favor crypto.
$XRP $BTC
$DOGE
Candlestick Analysis:
• A reversal from the double-bottom structure (near $1.90) appears to be confirmed.
• A sharp green candle broke above the moving averages (EMA7 and EMA25), signaling renewed bullish pressure.
This chart reflects a bullish breakout supported by volume and momentum indicators. However, the overbought conditions (RSI & Wm %R) suggest a potential pullback or consolidation around $2.40-$2.45. A sustained move above this resistance could lead to further upside, but caution is advised if volume decreases or a rejection occurs at key resistance levels.
#xrp $XRP #xrpdoublebottom
• A reversal from the double-bottom structure (near $1.90) appears to be confirmed.
• A sharp green candle broke above the moving averages (EMA7 and EMA25), signaling renewed bullish pressure.
This chart reflects a bullish breakout supported by volume and momentum indicators. However, the overbought conditions (RSI & Wm %R) suggest a potential pullback or consolidation around $2.40-$2.45. A sustained move above this resistance could lead to further upside, but caution is advised if volume decreases or a rejection occurs at key resistance levels.
#xrp $XRP #xrpdoublebottom
I agree
XRP double bottom
A double bottom on a24h hour timeframe is a technical pattern that signals a potential trend reversal from bearish to bullish.
The chart shows the potential of a double bottom, but confirmation is key. Watch for:
• A breakout above the resistance level (2.1530-2.2000) with increased volume.
• Positive signals from MACD and RSI moving out of bearish zones.
If confirmed, this pattern could indicate a bullish reversal, leading to upward momentum in XRP. Until then, caution is advised, as the trend could still continue downward without confirmation.
#Xrp $XRP
The chart shows the potential of a double bottom, but confirmation is key. Watch for:
• A breakout above the resistance level (2.1530-2.2000) with increased volume.
• Positive signals from MACD and RSI moving out of bearish zones.
If confirmed, this pattern could indicate a bullish reversal, leading to upward momentum in XRP. Until then, caution is advised, as the trend could still continue downward without confirmation.
#Xrp $XRP
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Exact
If i were blackrock i would want a discount before i buy more. If i were banking institutions i would want a crash like this to adopt the crypto on discount.
XRP double bottom
A double bottom on a24h hour timeframe is a technical pattern that signals a potential trend reversal from bearish to bullish.
The chart shows the potential of a double bottom, but confirmation is key. Watch for:
• A breakout above the resistance level (2.1530-2.2000) with increased volume.
• Positive signals from MACD and RSI moving out of bearish zones.
If confirmed, this pattern could indicate a bullish reversal, leading to upward momentum in XRP. Until then, caution is advised, as the trend
The chart shows the potential of a double bottom, but confirmation is key. Watch for:
• A breakout above the resistance level (2.1530-2.2000) with increased volume.
• Positive signals from MACD and RSI moving out of bearish zones.
If confirmed, this pattern could indicate a bullish reversal, leading to upward momentum in XRP. Until then, caution is advised, as the trend
How much was liquidated in 24 h
In the past 24 hours, the cryptocurrency market experienced liquidations totaling between $580 million and $783 million, depending on the source. A significant portion of these liquidations involved Bitcoin and Ethereum. For example, Bitcoin accounted for over $288 million, and Ethereum for approximately $57 million of the total .
These liquidations were largely driven by long positions being closed during a market-wide correction, with Bitcoin dropping around 4.6% and Ethereum and Solana seeing
These liquidations were largely driven by long positions being closed during a market-wide correction, with Bitcoin dropping around 4.6% and Ethereum and Solana seeing
XRP Possibilities & Strategy
1. Bullish Scenario:
• If the price continues to gain momentum and breaks above the resistance at 2.4409 and the EMA(99), it could aim for higher levels, potentially around 2.65.• Sustained buying volume is crucial for confirming a bullish breakout.
2. Bearish Scenario:
• If the price fails to break above the resistance near 2.44, it might retest the support at 2.00 or even drop back toward 1.9822.
• Watch for declining volume and bearish crossover signals in the MACD and RSI.
3. Neutral Scenari
• If the price continues to gain momentum and breaks above the resistance at 2.4409 and the EMA(99), it could aim for higher levels, potentially around 2.65.• Sustained buying volume is crucial for confirming a bullish breakout.
2. Bearish Scenario:
• If the price fails to break above the resistance near 2.44, it might retest the support at 2.00 or even drop back toward 1.9822.
• Watch for declining volume and bearish crossover signals in the MACD and RSI.
3. Neutral Scenari