Dogeanalysis
#DOGE DOGECOIN 1D CHART - EYES OPEN!I am looking at the 1D chart of Dogecoin since May 2021. Gigantic triangle has formed and we are at the tip of the top of the triangle again. This also is in line with the RSI. Maybe profit taking time for Doge or breakout coming!!!???
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. DO YOUR OWN RESEARCH! #cryptopickk #bitcoin #altcoins #DOGECOIN #DOGEARMY
Dogecoin 🚀Dodge is ready to move towards 38 cents in the short term after breaking a triangle.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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DOGE Price Tanks To $0.24, DOGE Finds Support At 100-SMA
DOGE price trades in a third straight bearish session as the crypto market continues to bleed.
The 100-day SMA is crucial to Dogecoin restarting the bullish run.
IntoTheBlock’s IOMAP model shows that DOGE sits on strong support above $0.2400.
DOGE price is trading in a third straight bearish session as bulls struggle stay above the October rising trendline. DOGE has been a strong contender in the recent crypto bull run that appears not to be over.
Therefore, investors should take the current correction as temporary which may eventually result in a massive climb.
DOGE Price Sits on Strong Support Above The 100 SMA
At the time of writing, DOGE price was exchanging hands around $0.2476 with a bearish bias and appears to be battling immediate resistance at $0.2560. Failure to hold close above this level could see the “meme coin” slide below the 100-day Simple Moving Average at $0.2464 to tag the $0.2400 psychological level.
Slide below this level could trigger massive sell orders that could see the Dogecoin price fall further to tag the 50-day SMA at $0.2348 or today’s intra-day low at below the $0.2200 psychological level, indicated by the green band.
Note that the appearance of the three black crows candlestick pattern and the nosediving Relative Strength Index (RSI) away from the overbought zone add credence to this bearish outlook.
Technical outlook from the daily chart shows that DOGE price sits on strong support at $0.2464 where the 100-day SMA coincides with the rising trendline.
A closure above the aforementioned level could bolster the bulls the push DOGE higher past the $0.2560. A clear bullish breakout will be realised if Dogecoin break out above the $0.2700 psychological level to tag the 200-day SMA at $0.2865. After which the next logical move would be a rally to areas above $0.3100 indicated by the red band.
The position of the MACD above the zero line validates this bullish narrative suggesting that DOGE market momentum remains positive.
DOGE Consolidation continues, when to expect a shot up price ?We last published an idea for DOGEUSDT 2 months ago
Since then, the price of DOGE has fallen by -30% and has consolidated above the strong level of $0.20 . And although further on the chart of DOGEUSD buyers organized a 30-40% bounce of the price up, but if this rebound is compared with the BTCUSDT price rally, which was in recent months, the growth is not too strong for an altcoin.
This combination of inputs, allows us to assume that at the moment, Dogecoin continues to consolidate and compose a medium-term long position. The upper bound of the consolidation is near the $0.30 level and the price may still reach this level in the coming days.
To ensure a strong shot at the DOGEUSDT price yet this year, buyers should not allow the price to fall below $0.22. This is the lower boundary of the current consolidation.
Fixing the price below $0.22 will move it into the framework of formation of another reversal pattern: "Double Bottom" or in the form of a cup.
In this case, the lower buying zone and the critical level will be around $0.1650-0.17
Global targets for growth of x2 and higher.
In principle we tried to represent all variants on the chart in an understandable way.
If something is unclear, or you do not agree with our vision of the market, we are ready for a productive discussion below in the comments.
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DOGE Buy Opportunity: Next Target 0.42000000The Crypto market has been rising for several months. Bitcoin tested over April's high and new high recorded $67000 price zone. But compared to other cryptos, DOGE couldn't do much for the investors. DOGE was stuck into a triangle from July. After a long time, the DOGEUSD has finally broken the triangle, and the market price is holding above the breakout zone.
According to price action analysis, DOGE has started its uptrend. As long as the market price is held above $0.19000000, it will be considered an uptrend, and there will be a chance to test $0.42000000 very soon.
Ahead of Christmas and the new year, most asset classes face profit-taking turmoil except commodity markets like gold and oil. So from this point of view, one or one and a half more moth all crypto markets have chances to rise, including DOGE. On the other hand, if DOGE can't hit $0.42222222 within the middle of December, it won't be easy to test that price zone very soon.
From the present rate, our first target is $0.35000000, and the final target to the upside is $0.42000000. Thus, stop-loss should be below $0.19000000.
By DOGE to the MOON!!! (Realistic view)DOGECOIN is approaching his serious one-week support line.
The pattern of the triangle, to which DOGE has already responded well, is being completed, and the flight forecast for it is not far from reality. This is a realistic view that for buying DOGE is always good between 0.16 and 0.17 points.
be careful! When everyone is scared, buy ... Whenever the market is red and bloody, it is the best time to buy. Make the most of the fear of the sellers !!!
My favorite points to buy DOGE COIN:
0.17 - 0.168 - 0.162 - 0.16
Doge Important Update I believe we may see a large pullback too .15 as we approach October.
I analyze the S&P 500 chart from time to time & we have just hit the top resistance in the uptrend we've been in since Feb 10th. We may see a large pullback of about 30% which will also have an effect on Bitcoin, with that being said we all know that Bitcoin controls the Crypto Market so we will all follow.
There is still a chance for us to consolidate, but I wanted to give you all a heads up as we move forward. This does not mean we are going to zero, it just means we may see a healthy pullback before the Q4 bull run.
I do hope it doesn't pan out this way, but wanted to give you both sides of the coin.
DOGE 4H , going up or down ?gotta wait and see what will happen . targets are shown on the chart . I added an image of 45min time frame , and as you can see , we have two MACD divergences , and both could be a sign of changing trend .we also have a bullish bat pattern so I expect it to rise . but still have to wait ... if it broke the top of the rectangle , I expect the green way . but if it broke out under the rectangle , the red way is expected.
Doge Consolidation or Sell-OffI placed arrows that are correlated with the RSI, Green represents the Oversold & Red represents the Overbought.
Where we are now is at an Oversold zone, which I do believe we may see a Bullish reversal to test .30 through the weekend with a consolidation above .25
Or we could see a Sell-off & create a Double or Triple Bottom like we've seen plenty of times from previous Oversold areas.
Doge crucial times We will see .24 as we head into the weekend but must watch to see if we break the .23 Support level, thennwe may be seeing a complete bearish reversal. If we are able too bounce off of .23 then retest & break through .24 getting into .25 then we'll be heading in the right direction.