Golden Pocket Alert for $DOGE Lots of immediately resistan | Cold Blooded Charter on Binance Square

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Cold Blooded Charter

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Golden Pocket Alert for $DOGE 
Lots of immediately resistance overhead. 
Once above 43.5c, look for possible longs. With lots of support below, dont go long now into resistance like an amateur💥👽
$DOGE 

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$TRUMP with another Bullish Divergence on 4-hr timeframe. Lower Low in price and Higher Low on RSI, but getting rejected by the 50 MA. The decline seems to be stopping hence the formation of Falling Wedge. Still, the tokenomics side of things remains horrible, I pasted a summary prepared by Grok, the unlocks are very shady and coming heavily from April most likely, so this one could be better as a short idea soon, possibly after sweeping liquidity up to $19. Long-term, this doesn't look very promising in spite of the momentum looking like it could be reversing. Break above $19-20 with volume would flip this chart very bullish, but I don't think that's the most likely scenario here💙👽

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$ETH - over a week since last update, and Ethereum still not strong enough to break above $2850, two clear rejections in the last 7 days. The momentum oscillator on 1D timeframe has been breaking out from Downtrend and the chains resilience during apparently the biggest hack has been impressive so I expect a relatively good performance looking at the Bitcoin pairing, key moment to break the Downtrend both on RSI and to cross back above the 27-month falling trendline. Too early to say that the bottom has been in for $ETH in my opinion as I would like to see the $2850 level flipped into support and continuation towards the main bull/bear market test - the 200 MA at the 2938 mark today. Every trade on altcoins is likely to fail quickly until we see ETH in a bullish Market Structure, that's why I don't wanna trade much👽💙

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$XRP long position update. Still not a single 4-hr candle close below the Golden Pocket, so the long stays. The 50 MA (yellow line at $2.57) has been curving up so this is an added layer of strenght on this chart, however nothing good will happen until the real volumes step in to buy around here. So far, the momentum has been lost but the Market Structure intact, higher low being printed on 4hr. The Hourly chart has flashed a Bullish Divergence on the last lower lower accompanied by a higher low on RSI. That Divergence has not been confirmed but the main reason to worry is the volume profile again, this could change when most US markets open for trading on Tuesday👽💙

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$PEPE short set-up from yesterday never fulfilled the last condition - the horizontal support held. So, no trade triggered in spite of the Rising Wedge breakdown attempt. That's how tight TA and discipline protects from getting trapped in a fake move. Many people short as soon as a break happens, but for me waiting for a confirmation is a must in most cases, unless I'm expecting a breakout without a retest, as was the $XRP long position case. PEPE closely follows $ETH so that rejection from $2850 is worrying if you are long already on either of these coins.. 👽💙

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$XRP 's Hourly Bullish Pennant has been invalidated, but the main Golden Pocket on the Daily has been swept, liquidating mistimed and overleveraged longs opened around $2.6 - $2.75. Timing is really important, and so is risk management. Have a look at that Liquidity Heatmap to see how the price action dipped exactly to the bottom of the Pocket, deep enough to hurt the most people, but this also marks a strong level of support where buyers are expected to step in strongly. However, they have not shown enough conviction in defending the level thus far. XRP mostly relies on retail hype, which seems to have fizzled out considerably. Therefore, my exit strategy remains in place: I'll start closing positions if the price stays 2-3 candles below the Golden Pocket, unless the price falls quicker towards the $2.5 key support, in which case the stop loss is set just below that level. This level must be defended, or $2.25 would become the next target. 👽💙

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