In analysis provided by Crypto Analyzer Kevin (DOKEVOKITAL_TA), the current market as an altcoin of the current market, with technical signals suggest a faster continuous .
Dogcoin is still balish
Kevin’s latest Post The performance highlights the performance of the dococoin against its 50 and 200-day simple moving average (SMA). “Dhojcoin is still watching rapid vessel on 50 and 200 simple moving average after its weekly golden cross,” he noted. This Golden CrossA bitish indicator where 50-day SMA goes up to the 200-day SMA, the constant suggests the speed upward speed.
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Investigating Fibnache Retransign levels, Kevin pointed out that the Macro Golden Pocket is above the Macro Golden Pocket and Macro .786 is fighting. ” The ‘Golden Pocket’-is usually located between 0.618 and 0.65 Fibnachesi levels are often considered an important support zone. Kevin argued that it is baptized to maintain the price above this level.
“If you think this chart is bad in his current location, you need some help. Will not focus too much on individual altcoins as BTC will determine the next move in the market whether your altcoin chart look like how badly they look When we are at the same price we were. When the market was a hard rally in November. Nothing has changed and the bicycle does not happen when everyone is borne, “Tevin clarified.
Kevin described the irregular nature further Crypto market feelingReactions from November and January. “When the Doccoin was killing the .35 cents in November, everyone was shouting to the hills that they were so smart. Doge on the Rs .35 cents in January, everyone is shouting that the doge is sucks, I should have sold this thing a long time ago. Do you see how market psychology works? Very interesting, “he told detail.
Bitcoin needs to move first
Kevin also discussed the effect on the effect of Bitcoin on the detailed Crypto market, emphasized its role as a prominent indicator for the Doatcoins. They Labeled For the Crypto Executive order by the US President Donald Trump yesterday’s market response is a non-effective.
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“BTC is repeatedly 1.703 fib has failed to break at 106.8k. Even if we have turned out of this rapid channel on the daily limitation channel, we have failed to see any real money flow to the flow of any real money if it is dropped in the last 48 hours. The Trump’s executive order was to buy a clearly, sell the news incident as it was not always burgle, “he was always burglary,” he said.
Despite these challenges, the probability of Kevin Bitcoin recovery is optimistic about the possibility of recovery. “I still think we are experiencing seasonality in BTC because the months of January are always bad, especially After half a year. I believe the goal should disappoint and make the maximum investors before starting the next foot, which should come within the next 1-3 weeks. Staying! “He predicts.
Press time, the doge traded on $ 0.35.
Special images created with dall.e, tradingview.com
