DOGE Dogecoin Potential ReversalIf you haven`t sold DOGE here:
Now looks like Doge (Dogecoin) is showing a potential double bottom pattern, which is considered a bullish reversal pattern in technical analysis. This pattern suggests that the price of Doge may have found support at a certain level and could potentially see an upward movement.
Based on this analysis, your price target for Doge is set at $0.088.
Looking forward to read your opinion about it!
Doge
DOGE: Resistance BreakoutDogeCoin (DOGE) technical analysis:
Trade setup : Following a bullish breakout from Descending Triangle, price has also broken above $0.07 resistance and 200-day moving average, which confirms an Uptrend. Upside potential to $0.08 near-term.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.060, then $0.053. The nearest Resistance Zone is $0.07, which it broke, then $0.08 and $0.10.
🔥DOGE Copy 2021 Bull Market PatternDogecoin is in consolidation for more 500 days (530 days in 2021). Lots of retail traders and invertors are in stress and fear. I remember the similar feelings of retailers back in 2021 when everyone think that Bitcoin will fall from $10k to 3-5k again and most of altcoins will crash.
💥The retailers fear is the most bullish signal for us (the expirienced investors and traders who spend more then 5 years at the crypto market).
One of the best areas to add DOGE to your portfolio will be at $0.041 key level even if BTC dupm will happen.
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The key is whether it can rise above 0.07815Hello traders!
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(DOGEUSDT chart)
If the price holds above 0.06135, it is expected to rise.
(1W chart)
I think shaking is necessary to change the box section.
Accordingly, the key is whether it deviates from or shakes out of the 0.05866-0.15150 range, which is the first box range.
If it receives support around 0.06807-0.07296 and maintains the price by rising above 0.08072, it is expected to turn into an upward trend.
(1D chart)
If the price rises above 0.07815 and holds, it is expected to turn into an upward trend.
If it falls below 0.06882 and encounters resistance, it is likely to fall to around 0.05914, so caution is required.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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DOGE/USDT IS READY TO GO 10X FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this DOGE/USDT Trade update.
DOGE looks good here. Breaks out from the long-waiting descending triangle and looks like it starts a new uptrend rally from here. It breaks a very long more than 900 days downtrend which is a very good sign for this coin.
Buy some here and accumulate more of this one in dips. This will surely give you a 10-12x return in the upcoming bull run.
What do you think about this? Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Bitcoin when will there be a correction???Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Bitcoin continues to consolidate above $35,000 yesterday's descent into the $34,500 zone and the quick buyback was a simple withdrawal of liquidity. I think that the next descent, if it happens, will be at the breakdown of the lower border of the wedge, because the buyer was given the $34,500 zone almost without a fight, but everything will happen soon)
For now, the previous scenario with a short position, the current stop from $35,000 at 1000-1250 points will not be too high, try it friends. Euphoria is already coming to an end...
LSK| Is a correction after growth inevitable?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
A corrective movement has already begun on this coin; you can try to enter from the current ones with a small gain higher.
Deal plan:
Entrance - 1.050/1.082$
Stop - $1.150
Take - $0.940
Guys, be sure to follow the risks, the coin can show strong volatility in the moment, be careful!
C98| trying to get a neat shortHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
After a long period of growth, the coin is consolidating in the bearish zone, and I expect to see a corrective movement soon.
Deal plan:
Entry - $0.1848/$0.1889
Stop - $0.2010
Take - 0.1721/0.1563$
Guys, pay close attention to risk management and money management, this is an alcoin that is too volatile, be careful!
The breakout confirmation of the descending wedge on DOGE Hello everyone!
DOGE has been in a prolonged sideways movement for exactly a year with gradual decrease in peak price values and updating of local lows.
This movement formed a descending wedge formation, and upon breaking out of this formation, the price should reach the range of the widest part of the pattern, which is also confirmed by Fibonacci levels.
If a position is opened from the current values, the expected profit is 66%. If an entry is made from the 0.236 Fibonacci level, the expected profit is 51%.
This is not financial advice, and everything you do is at your own risk!
MEME Seems to break to $0,05Thank you for reading this update.
This update is based on TA and the trend view.
MEME coin is a new coin with high risk, so manage the risk.
Update.
We expect that this coin can be able to target $0,05 in the coming time with a new trend break.
Normally, the trend can go stable, but we expect that a new whale volume will enter.
MEME holds important support, and when the meme is up this support, a new exploding volume by whales can start.
Go DOGe Go!Fractal Propagation in Orange. These are the fun ones!! :)
Doge coin is the currency of pure emotion… we all just LOVE IT!!! Like a dog, filled with unconditional love! Watch BTC, ETH, and teh SPX collapse over the next few years, and be like a good dog…. Sit, Stay, Love, Meditate.
Go DOGe Go!
Bitcoin local correction is coming!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
I’m trying a scalp short with a little extra.
Bitcoin price continues to consolidate near the $34,800-$35,000 range and it looks like we will be in this zone all weekend. I decided to take the position in advance, because... I think that a local correction is already close. The indicator is slowly starting to collect information into shorts on local timeframes.
Transaction plan:
Entrance – $34,800/35,250
Stop – $36,250
Take – I will update.
Friends, the most important thing is to keep an eye on your risk management and money management. In this trade you can take from 10% to 20% of the deposit with a leverage of 3-5X. Be careful!
Working out the ascending channel for correction!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
An ascending channel has formed on the 4H chart, this is a classic pattern that most often triggers a correction; you can try to enter a short position with a small volume of the deposit of 0.5-2%.
Deal plan:
Entry - 0.011016/0.011232$
Stop - $0.011933
Take - 0.009386$
Guys, please observe the risks, do not go under a large leverage and do not try to invest a large% of the deposit, this coin can be subject to increased volatility at any time!
Carbon| Deal with minimal risks!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Here the euphoria has been accelerated by 1.5X and perhaps the growth will continue, so you can set the good higher and put a short stop just in case!
Deal plan:
Entry - 0.03434/0.03580$
Stop - $0.03910
Take - level 0.5.
Guys, be sure to monitor your risk management, this is an altcoin that can be too volatile!
VXV| Vector direction down! Neat deal!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
In recent times, the coin has given 3X and the thought immediately comes to mind that the market is slowly preparing for a local correction and altcoins are no exception. The $0.6-0.55 zone would be a good zone for a player to start selling.
Deal plan:
Entry - 0.5120/0.55$
Stop - $0.6695
Take - 0.4562/0.3561$
Guys, be sure to follow the risks, the coin can show strong volatility at any moment, be careful!
DOGE ($DOGE) Coin Price MovementsThe cryptocurrency market continues to recover from the effects of the decline that started with the opening of Wall Street. Bitcoin, which fell below the $35,000 level during the day, was trading at $35,043. Of course, many altcoins were also negatively affected by this situation, but buying has started to increase in the altcoin market as well. So, what’s happening in the Dogecoin market? Let’s take a closer look.
The first notable formation in the daily Dogecoin chart is a descending wedge formation. In this pattern that has been ongoing since March, the DOGE price recently squeezed into a tight range after touching the resistance line. This situation, especially at the EMA 200 (red line) level, may indicate a negative scenario for DOGE.
The support levels to watch for DOGE are respectively $0.06719, $0.06449, and $0.06163. Although it may be difficult to talk about any negative scenarios below these supports, contact with the support line can be expected with a daily bar closing below the $0.06163 level.
The resistance levels to watch for DOGE are respectively $0.06820, $0.07260, and $0.07720. Especially, a daily bar closing above the $0.07260 level will trigger an upward breakout in the descending wedge formation and this will accelerate the rise of DOGE.
DOGE.USD (Full Analysis Long-Term)Hello Friends 🙌🙌
How are you today?
I hope you feel great and always be happy.
Today I want to talk about DOGECOIN.
first, let me tell you something clear.
It's NOT financial advice.it's just a vision that belongs to me.
I try to give you a vision of the chart and the activity of the market makers and at the end of the analysis, I will tell you the best points to buy dogecoin for the long term. that's all.
Please read this analysis carefully.
I used the Fibonacci channel. it's the best tool to explain easily for those who know nothing about technical analysis.
Everything is OK? so, let's go into details.
I removed all the levels except 0, 0.5, 1, 1.5, etc.
0 is the bottom of this channel.
0.5 is the midline. and 1 is the top of the first channel.
1.5 is the midline of the second channel. and 2 is the top of this channel. and so on.
I changed this chart from candle stick to line chart to remove all the noises.
As you know to draw a channel by Fibonacci channel, we need two points at the bottom and one top.
I chose two green circles as the two points at the bottom. and also a red circle as the main point at the top.
After that, I extended this channel until the 6th channel.
you see a blue circle that collided with the price. now you can change the line chart to candle-stick
sound interesting.
Now, you can see all the reactions.
it means that this Fibonacci channel is valid.
As a result, expect to drop more.
because all the indexes such as SPx, Nasdaq, and Bitcoin need to drop more.
according to the above, I expect that dogecoin will drop more.
But where are the main support zones? 🤔🤔
the answer is I drew two red zones as the main support zones. if the price loses 0.055, the first support zone is around 0.04 USD and the next one is around 0.03 USD.
LET ME SAY YOU HONESTY. I want to put 50% of my order in the first support zone around 0.04 USD and the next 50% at 0.03 because if you draw a trend line from March 2020 to October 2020, you see 0.03 USD on a very important trendline.so, it's the best point to buy and hold dogecoin for the long-term.
is everything clear?
what do you think?
Do you agree with me?
do you think dogecoin keeps dropping more?
Please don't hesitate to write your comments below.
I'm so eager to read your comments.
And don't forget to like 👍👍, share 🔃🔃 this analysis with your friends, and write your comments below ✍️✍️
❤️❤️ Wish you health and wealth, my friends ❤️❤️
Best Regards 🙏🙏
Ho3ein.mnD