The 3 Doges analyzes Bitcoin, Chainlink, Ripple and other coins

0:01hey guys we're out here in the crypto coin show studio with our new show the three doges i'm at crypto coin show on twitter this is at jesse couch at i'm not the wolf wolf of poloniex we're here in the studio ready to talk some technical analysis we have a couple coins crypto let's start with bitcoin guys bitcoin's been consolidating for about two months in the nine

0:23thousand dollar range where do you see it going wolfe let's start with your thoughts uh so right now we're consolidating in what seems like a descending triangle on the four hour and i feel if we break that support we're definitely going down towards this mid 7000 maybe even 7 100 on the lower range but if we go down there and find some support down there then we create a

0:43very large inverse head and shoulders pattern and that could launch us all the way up to you know 20k um possibly otherwise if we break the resistance that we're currently at right now um then that would be a a coil for a large spring move up towards 14k as well and um you know at this point it's basically 50 50 this is a no trade zone and yeah every in every sense of the way

1:08and the safest is to just wait for the support or the resistance to braid so if you had to go in right now you're just equal or you're more bearish um i guess i'll say maybe because dxy the us dollar currency index is is at the moment pushing upwards um i guess i'm more 60 bearish 40 bullish percentages are nice it's not about being right or wrong it's about

1:35being percentage right it's about percentage winning more of your positions than losing right and you don't have to be as long as you're above 50 yeah all right well let's jump to link because with this consolidation of bitcoin the altcoins have been hot as hell and link just reached new all-time highs and oracles centralized oracles not the oracles that these centralized

2:00exchanges rely on but decentralized ones are more provably true and so when dexa starts taking off i'm thinking decentralized oracles are going to be there too what is an oracle exactly something that would give the price of bitcoin to close uh trades on essentially link allows you to input real-world data into smart contracts so that they can be

2:26run in a more decentralized way you know because for example if there was you know an insurance smart contract that paid out based on you know the weather like how do you fit the weather into a smart contract how do you get that external data into the coding right so link does it in a decentralized way allowing essentially real-world data to be integrated into smart contracts

2:47so yeah it's looking good on the technical analysis side and maybe you can give your thoughts it just broke through all-time high um i mean usually when you're breaking through all-time high a lot of individuals are going to be looking to you know take profits or what have you but from a trader's perspective that's a confirmed bull market you know it's broken all resistance

3:07there's really no resistance at all coming up um going forward so sky's the limit yeah sky's the limit at this point and and we all know the chain link marines and and all of them they're just gonna throw their life savings at this and pump it up to to unseen heights so um i'm bullish i'm bullish i'm late yeah it just broke six dollars for the first time i went to 650. it's right

3:28575 right now but uh yeah that seems like a great one let's jump to one of the og coins xrp thoughts on the fundamentals for xrp i love this tool that wolf dropped on the chart here maybe you want to tell people what these blue lines mean oh so those are the uh those are the um time sequence no no no the fibonacci time zones so basically uh if you look at the older

3:54charts for um for ripple which this one would be on poloniex um and you line up basically the cycles of you know the pump in the dump and the top the peak of each of the first cycles you connect those you basically see the fibonacci time zones of when the next cycles will be and i believe next week or very close to it um we're coming up on the fifth cycle of of

4:19this uh fibonacci how low is this now under ninety percent ninety percent from the load under nine percent that's cheap enough it might go a bit lower into december but you know it's cheap enough i don't know yeah i started making a small gain in the last week or two did about 10 to 15 but it's uh and you know anything around this is at the bottom of the range so

4:41well i i think another good thing to realize with ripple too though is that because they're constantly releasing all these coins um you're gonna have the pumps and dumps basically the the rallies that it goes through they're gonna be quick because you know basically the market makers and all the whales etc they just fomo spiked the price all the way up so that

5:01you know once the the release of new coins come out within a month or whatever it's already gone through its whole pump and dump cycle and it's already projecting down from there so if it does pump up i'm aiming for three dollars um and hopefully no three dollars three dollars and the banks the banksters they're rich yeah and hopefully hopefully it'll come

5:22down or uh it'll reach there in a very quick time you know within within a month so that's what i'm aiming for and hoping for nice yeah no it's uh you know being around for so long having this history of pumping to three dollars already you know and uh being involved bouncing off long-term resistance right here yeah right now it's it's looking good all

5:44right guys let's jump to stellar lumens very similar project to to ripple has a lot of history was consolidating for over a year and it just recently broke out of its uh if it's resistance level and this is what is it four to five hundred percent back to uh you know sort of its regular range it dropped a lot uh yeah so the the the bottom floor that we're consolidating at

6:09right now you see it everywhere on all the altcoins right um so it's basically a year-long consolidation that just goes flat the flat lines has two peaks usually um but once it breaks out of that resistance top uh then it'll have a throwback and then launch up from the bottom it'll usually be around like 400 500 percent and you can see the same with our chain

6:28you can see the same with silica and countless other all coins so um so yeah i mean right now it looks great for a rally up and and ripple and stellar xlm pump simultaneously usually they're hard forks of one another so um the fact that xlm looks so bullish just basically reinforces the fact that ripple's going to pump and vice versa so yeah both both looking pretty good

6:52for right now yeah with so many of these charts all consolidating and then all breaking out of their resistance at around the same time you know it's looking really good for the market all together and one of the other coins that did that as well was was our chain and you guys know this is my favorite yeah you know you love our chain gain today currency

7:15it's hard to explain explain because the computer science behind this kind of stuff is crazy like have you guys heard of the word concurrency if you haven't go to read that up on that you'll see a concurrent blockchain is probably going to be better than a parallel blockchain and way better than a sequential blockchain and this is one of the only coins going

7:34for concurrency because ethereum runs with sequential transactions right on the but they're hoping for parallel with the ethereum 2.0 which you know but one thing i've understood after a long time this is really important i'm a pre pre early adopter so there's going to be a step before our chain so you can see ethereum is going to be fill that step but this

7:59is the next level past that yeah five ten years from now yeah and one of the other things to mention crazy crazy pattern that broke through just like wolf was talking about earlier yeah and also they have the co top it off it's a co-op yeah it's run the governance and the community is like no other no other project as well so as far as i know it's the only well

8:22cooperatively owned cryptocurrency well if we're going to talk about communities though we obviously have to talk about dogecoin you know because dogecoin has one of the best communities that crypto can ask for all of all of cryptos a doge community and it's been consolidating as well just like these other coins for over a year and two three days ago

8:44it pumped 100 percent in the bank in one day yeah it's uh the fact that it's consolidated for such a long time it's the same thing as ripple it goes through these pump and dump cycles right um but but the fact that it's consolidated for such a long time before it started this little rally that i guess was triggered by tick tock even though i think i think i think that's i think

9:06that's a little uh is just fueled by memes on twitter and kids on tick tock and robin hood traders who are tired of buying penny stocks and are now looking at dogecoin because you can buy it without buying bitcoin through robin hood you need to think about this robin hood traders are so noobish that they were buying companies that were bankrupt and pumping it so they i

9:31mean if if they're already buying basically the coins of stock market of course they're going to be buying dutch coins and the community's goal is doge to one dollar right it's gonna happen crypto's taking over the world for me i guess yeah no it's taking over every day here and uh you know exciting guaranteed prediction it is it doesn't mean it's going to take

9:56over it makes sense to me but it's all about percentages like we were talking about earlier yeah i'm 99 confident but there's that one percent chance that it doesn't happen for sure yeah but there's so many believers um so it's growing and that's all the time that we have today guys smash that like button subscribe to the crypto coin show on youtube follow the crypto coin show

10:17on twitter um follow jesse couch on twitter follow this one go back go back this is one of the most important things this is why we're doing this episode this is what we need you guys to give we need to get the doge emoji added to the hashtag whoever we have to talk to we need to get in contact with them it has to happen well just just just tag jack dorsey and elon musk because of

10:42course you know he's the ceo of doge tag them both in a tweet send out a tweet say give us an emoji or uh emoticon whatever you want to call it for the the doge hashtag and just spam it to them until you you know let's annoy them enough to do it today yeah do it right it awesome guys all right subscribe to our twitters at cryptocoinshow at jessecouch

11:05at i'm not the wolf that's all i have for this episode on three dojo show guys