💥 Price Struggles Between Macro Golden Pocket And Macro 0.5 Fib Why Bitcoin Holds Answer💥
$DOGE The Dogecoin price action is currently locked between two critical technical levels, the macro golden pocket and the macro 0.5 .Dogecoin’s immediate fate hinges not on its internal dynamics but on external factors, primarily on Bitcoin’s performance. Bitcoin’s Influence Over Dogecoin’s Market Movement As the world’s largest cryptocurrency, the general sentiment towards other cryptocurrencies is mostly always tied to the sentiment towards Bitcoin. Periods of high inflows into Bitcoin are always highlighted by inflows into other cryptocurrencies, and vice versa, except during altcoin seasons. As the largest meme coin, Dogecoin is one of the biggest reflections of sentiment in Bitcoin. According to data from IntoTheBlock, Dogecoin currently has a 0.77 price correlation with Bitcoin out of a maximum scale of 1. Interestingly, this correlation sometimes even stays in the 0.9 range, especially during rallies. In his commentary, crypto analyst Kevin noted that Dogecoin’s current price trajectory is not self-determined but instead heavily influenced by Bitcoin’s performance. As it stands, recent market dynamics have seen the Dogecoin price stuck between the macro golden pocket and macro 0.5 Fibonacci levels. In technical analysis, the golden pocket is a region between the 61.8% and 65% retracement levels. These levels, commonly used in technical analysis, serve as zones of support and resistance, and their breach in either direction could lead to a notable breakout. Patience As A Strategy The Dogecoin price has been grappling with a lack of momentum and has struggled to replicate the notable rallies witnessed in October and November. During that period, Dogecoin captured the market’s attention with an impressive upward movement of over 400%, largely driven by enthusiasm before and after the US presidential election. However, that bullish sentiment appears to have waned, leaving the meme coin now perambulating around the $0.4 mark. Furthermore, Bitcoin’s inability to sustain a significant break above the $100,000 price level has cast a shadow over altcoins like Dogecoin, whose performance is often tied to Bitcoin’s market behavior. Despite the current price stagnation, crypto analysts like Kevin remain optimistic about the meme coin. Mentions across social media remain bullish, and technical analyses suggest that the Dogecoin price still has a lot of room to run. “I see nothing telling me the cycle is over; therefore, this should head higher soon enough regardless of short-term noise,” he commented. At the time of writing, Dogecoin is trading at $0.404 and is down by about 3.5% in the past 24 hours. Bitcoin, on the other hand, is trading at $99,800 and is down by 0.8% in 24 hours. #MicroStrategyJoinsNasdaq100 #DogecoinCommunity #DogeStrong #BTC☀ #MarketMajorComeback
$DOGE DOGE Liquidation Alert! A $50.5K long position just got liquidated at $0.392, shaking out weak hands and opening the door for bold traders to step in! Fear in the market = Opportunity for you! $DOGE has proven time and time again that dips like these often lead to explosive comebacks. This could be your chance to buy DOGE at a key price level before the next big move. Smart traders don’t wait. Liquidations mark moments of high volatility—grab the dip while others hesitate and position yourself for the rebound. $DOGE at $0.392 won’t stay this low for long. When the bulls return, they’ll push the price higher, leaving latecomers behind. Will you act now or miss out? The market rewards those who are ready to move fast. Don’t let this opportunity pass you by! #MicroStrategyJoinsNasdaq100 #BitcoinKeyZone #DogeStrong #CryptoUsersHit18M #MarketMajorComeback
$NEIRO Pattern Forming ALERT 🚨👀👀 Analysis Next Move As we see there $NEIRO form descending triangle pattern in 4 hour timeframe What is Descending triangle pattern ?? Descending triangle pattern had both chances breakout🚀 or breakdown 🩸 Majorly it gives breakdown the pattern an price go downward but sometimes it gives breakout and price go up ✈️🚀 Recently price gets support on pattern surface which is very strong support area of 0.001620 it hits again and again as you seen in pic. Bullish ✈️ Scenario 🚀.. If the price breakout the pattern with candle closing you see pump🚀🚀 in price I will share the targets if breakouts happend is T1 0.002000 T2 0.002145 T3 0.002315 Bearish Scenario 🛑.. If the price gives breakdown the support area of pattern with candle closing then you see further dump to its previous low area around 0.001250 to 0.001450 Area So keep eye 👀 on breakout and breakdown the pattern If you get any kind of help for these analysis then like it I'm doing it for you ❤️🙏 #USGDPUpdate #MarketBuyOrHold? #BinanceHODLerTHE #XRPMarketShift #BTCWatchZone
SHORT ⬇️ Entry : 0.6050 - 0.6100 🎯TP: 0.5899 0.5830 0.5772 0.5720 SL : 0.6326 📝 My signals performed perfectly in past days and I'm confident in this trade. STORJ is about to drop hard after the bullish run. Manage your risk correctly and stay calm. If the price goes up, but below SL, you can short again to get the entry price higher for more profit. DYOR #TrumpDeFi #MemeCoinTrending #BTCSoarsTo68K #BNBRisesTo600 #BTCUptober