Article By:
Simon Peters
Monday, November 28, 2022 4:30 AM EDT
The Bitcoin price has dropped to just above $16,000 this morning on the back of concerns around events in China, with anti-Covid lockdown protests apparently rising.
Article By:
Peter Mathers
Monday, November 14, 2022 3:32 AM EDT
The structure in the Dogecoin chart is reduced with a double corrective pattern in the lower (Y) wave, but the internal sub-wave of the wave is not yet complete. Overall, there is a chance that the rate will continue to decrease.
Article By:
Peter Mathers
Tuesday, November 8, 2022 2:55 AM EDT
The price of Dogecoin tends to move sideways in the retracement of wave 4. In most cases, wave 4 reverses .382 x wave 3 lengths, so waiting for wave 4 to end may be necessary to rejoin the uptrend.
Article By:
Simon Peters
Monday, October 31, 2022 7:30 AM EDT
A notable performance shift could be underway although it is perhaps too soon to tell. Tech saw heavy sell-offs last week as poor results came in but cryptos largely held their ground.
Article By:
Peter Mathers
Wednesday, October 26, 2022 9:02 AM EDT
Trading strategy: the retracement in wave 2 is usually .618 x wave 1, but it is only a short-term pullback when wave 2 ends, the price will go down again and is an opportunity to open a short position.
Article By:
Peter Mathers
Thursday, August 18, 2022 5:10 AM EDT
Dogecoin trading strategy: Wave ((4)) seems to have finished and the price will drop again on wave ((5)), so it's good to look for another opportunity to join the downtrend.
The crypto market ends the week at a total market capitalization of $1,175 trillion with almost all altcoins trading in the green, especially Etherium whose gain shot past other cryptocurrencies.