Dogecoin Price Weekly Analysis - Signs of Bullish Continuation

Dogecoin Price Weekly Analysis - Signs of Bullish Continuation

Key Highlights. The Dogecoin price after a minor correction found resistance around 40.0 Satoshis and is currently trading in a tiny range. The price feed from IO clearly suggest that there is a chance of the price heading towards 45.0 Satoshis. There is also a bullish trend line formed on the hourly chart, which is likely to act as a catalyst for the price. Dogecoin price might clear 40.0 Satoshis in the near term and trade towards the next barrier i.e. 45.0 Satoshis. 5 Waves Up? There was some relief for the Dogecoin price recently, as the bulls managed to take the price higher towards....


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Dogecoin Price Weekly Analysis - Important Trend Line Support

Dogecoin Price Key Highlights. Dogecoin price spiked higher twice but both times it found resistance near 49.0 Satoshis. There is a critical bullish trend line formed on the hourly chart, which is acting as a support area for the price. The price is currently above the 100 hourly simple moving average, which is a good sign for bulls. Dogecoin price managed to gain traction and spiked higher, but sellers managed to defend successfully the key levels. Can Sellers make it? The Dogecoin price showed some signs of relief, as it climbed higher to trade above the 40.0 Satoshis resistance area.....

Bitcoin Price Technical Analysis for 18/2/2015 - Bullish Requiem

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Dogecoin Price Technical Analysis - 42.0 Satohis is Significant Resistance

Dogecoin Price Key Highlights. Dogecoin price moved lower and broken an important support area around 42.0 Satoshis. A bullish trend line and support area was breached to open the doors for more losses. 0 Satoshis might now act as a resistance, as the 100 hourly simple moving average is also positioned around the stated level. Dogecoin price is under the bearish pressure as sellers managed to take the price below a critical support area. Importance of 100 MA. As highlighted in the weekly analysis there were some signs of relief for the Dogecoin price, but that did not last forever. There....

Dogecoin Price Fails to Sustain Bullish Momentum

Key Highlights. Dogecoin'a price struggling to gain traction, as there was no bullish momentum to take the price higher. There is a pennant looking pattern forming on the hourly chart (data feed from CEX. IO), which may act as a catalyst for the next move. The bullish signs are greater compared to the bearish signs at the moment, suggesting a break higher is most likely. Dogecoin's price is finding sellers near 31-32 satoshis, which is a major resistance zone and holds the key in the short term. Pennant Pattern and Resistance. There was no real break for Dogecoin's price, as it continued....

Quotes

My initial thought when I heard about Bitcoin from my students is that is a scam. I know now that the technology of Bitcoin might prove useful but I am puzzled by the rush to it.

Meir Statman, Professor at Santa Clara University specializing in behavioral finance