Bitcoins uncertainty about a potential fork is growing and Dogecoin is a perfect counterpair. Dogecoin seems to rebounce from it 1-2 year downtrend and volume is picking up again. Very likely to hit 47 and maybe even higher! Aroon cycles indicate similar confirmation about a staring uptrend, looks promising to me.
Cup and handle did form nicely as expected, breaking the upper resistance will bring us to new heights. TP1: 81 TP2: 99
WE BROKE THROUGH! Moon levels? Additional TP will follow.
The larger picture is really important, so here a longtime chart with possible price actions.
Nearly touched the TP of 99, but topped out at 97. We're in correction phase now.
Some geometry :)
Trade geschlossen: Ziel wurde erreicht:
Trade CLOSED Illuminati Point Reached!
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UPDATE: Currently Dogecoin retraced a little bitcoin went up a little bit more than expected. 2H and 4H MACD indicate reversal from bottom and slowly closing the triangle. Strong possible upward movement in mid april! Lets see how high this can go :)