Quote from: clappen on January 29, 2014, 10:52:43 PM

Quote from: clappen on January 29, 2014, 12:27:21 PM

A short future interpretation of doge with some TA'a;

-Strong supportlevel at 163, I dont think we will ever again see this shitty bottom
-Short position resistance is broken free - trendbreaker (this is good because we got nice support from bottom)
-Might be (strong) resistance at around 172
-Bottom support trendline has been made and its holding

So what does this mean? It means it looks like we have hit the bottom, we are now bouncing inbetween our strong supportlevel of 163 and between a weaker resistance about 172, with a new smaller uptrend supportline. Within a day the bottom uptrend supportline will intersect with both 172 (resistance line) and the longer resistance trendline and this will be a big intersection. If we cross it, the downtrend is with most certainly over and we will enter a uptrend instead, which could be really big or a slower one.

Hope this helps out a bit where dogecoin is at the moment.

dogeaccount:
D8LkcRSjBHMJXocQuBxuK54x7NCF8WTtUJ

Short update from my earlier estimation.

So we took a huge climb right before the intersection (luckily) and it took us that high that the long downtrend is officially over, yay! So, how does it look like now while we are at an uptrend? Lets take a look:

- we still got a longterm and strong supportline at bottom
- Right now we are at a huge volume, and the whales are moving the market, so I just put up a little uptrend channel. Its not really reliable, but for VERY shortterm it might be intresting (minutes/hours)
- There's a resistance at 188, if we pass it with this pump going on, we will go VERY high. Otherwise we will probably stick around these levels, or go down a bit, until we hit the bottom support trendline.

Great evening for all of us lucky shibes! Also, thanks for the donations!

I suggest not to pay too much attention to the charts. it's just pump & dump. it may spike up, and it may spike down. the volume has lost over 50% in the last days on cryptsy. it just looks like no "regular" ppl want to buy at those prices. so we might have small 10-15satoshi windows to trade with. but it may also be, that the big guys dump soon, to cash out, because the market is too slow atm.