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Dogeanalysis

DOGE: At critical -50% from ATHDOGE has been nothing short of phenomenal these last few weeks. It has gained over 350% during the previous seven trading days. It is only befitting that it has lost 50% so quickly after such a tremendous extension higher. The chart shows this critical % decrease through the use of Gann box squared at the rate of 0.0035 per 2 hours of trading, the current rate of change that I was able to decipher. It seems to be in an excellent position to continue its trajectory higher; however, if the crypto spectrum goes through a correction phase, DOGE might correct further towards the 75% decline point, but that is yet to be seen during the upcoming few weeks. The chart shows two potential long entries with detailed risk profiles of not less than 4R return. If there's anything that I am missing, do drop a line in the comments section. Best of luck, and stay safe!
BINANCE:DOGEUSDLong
by Zoen_Trieste
13
DOGE - 1h. It is better not to wait for the range $0.39-0.41DOGE survived yesterday's fall in the crypto market quite well. If some coins fell by 40-50% and punched their liquid price zones down, DOGEUSDT buyers managed to keep the price both within the trend line and within an important liquidity range. In the hourly timeframe, we see that the fall on April 18 took place without volume: This fact shows that investors did not believe in the panic fall in the price of the crypto market and held their positions . Although we know very well how volatile DOGE can be. Therefore, at the moment the main scenario for the DOGE market is to break through and consolidate the range of $0.39-0.41. It was this range that prevented buyers from continuing the rapid wave of growth on April 16. Large volumes of trades in this range indicate the formation of a local sales area: The critical point for the growth scenario in the DOGE market is the trend line of buyers, which they have been holding since April 14. At the moment, the trend line of buyers is near the mark of $0.326: Having lost this mark, sellers will start a powerful wave of decline with the first target of $0.255-0.265. However, the chance of sellers to break this mark and update the local low will be very high. Therefore, at the moment the ideal solution is to wait for the DOGE price to break through and consolidate above the range of $0.39-0.41 . Only after a firm fixation above this range can you think about buying this coin. _________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
47
Dogecoin is bullish again for the next weekMy view on Dogecoin for the next week, based on the patterns that has taken place the last week. Blue = Very optimistic Green = Pretty optimistic/realistic Yellow = Very realistic Orange = Pretty pessimistic, slow realistic. THICK WHITE LINE = DOGEDAY prediction for next tuesday 04/20! I don't see it to go down for now because it has found a strong support on the 0.22 and 0.26 area. NOW it's also respecting the last uptrend line for this moment. It is narrowing down from the upper and downside, strong bullish momentum coming up OR a long period of consolidation before going up. FUN FACT: the blue area on the chart (the blue square box area) is 20th of april, also known as DOGEDAY. The doge fans will try to push dogecoin to $1,- THAT'S 3X THE VALUE ON WHAT IT IS RIGHT NOW!!!! :D I personally think it's honestly a bit too optimistic for the moment, but I surely think that it will hit $0,50 or maybe $0.60 before retracing back down again. My personal recommodation would be: buy dogecoin now and hold until Tuesday/Wednesday at latest before the retracement back down. OR: buy now and hold for the next 2 till 10 years. Because it's going to be a wild ride! That's for sure! :)
BITTREX:DOGEUSDLong
by stefann187
I looked at the inverse HnS on Doge ... is this a good chance?I looked at the inverse HnS on Doge ... is this a good chance? If you look at the journey of DOGE prices to this day, DOGE is actually still in the opportunity for a bullish trend. This is indicated by the price is always in the range 0.04 - 0.05 and last week if we want to observe more carefully, it turns out that DOGE is forming an inverse HnS pattern, this pattern is one of the positive confirmation patterns if DOGE will continue its bullish trend again. The risk is still there, let's take the smallest risk by taking enough profit.
BINANCE:DOGEUSD
by Hokusai_FX
Dogecoin PossibilitiesI am noticing a few different things happening on this 1hr chart. We have broken out of a symmetrical triangle. For me, the measured move target is about $.078. I will also be waiting in the bushes to see if the bullish cypher (or another harmonic) develops. To me, this would be healthy as we would retest the trendline/channel and potentially take off from there. I also see some hidden bullish divergence on the RSI. Let's see what's in store for Doge! Owhooooo!
BITTREX:DOGEUSD
by Akamer-the-Werewolf
3
Dogecoin Cup and Handle****See my previous Dogecoin idea "My Doge Dream" and be sure to push the blue play button on the right side of the chart to see how my original call for a Doge Cup and Handle has played out.**** On the 4hr chart Doge seems to have formed a cup, so I'll be watching to see if a handle develops. If we do get a move down to form a handle then a break of the handle or the neckline could be a good long opportunity. I'll be looking for Doge to find support somewhere in the .786 to .618 range. If we move down below the .5 Fib of the cup and handle measured move then I would consider the formation undeveloped or invalid. If we get a break of the neckline after the handle forms then my target for Doge will be about $0.12. I'll be hiding in the bushes and watching to see what happens with Doge. Owhooooo!
BITTREX:DOGEUSD
by Akamer-the-Werewolf
9
Dogecoin Looking Tasty!I've been hiding in the bushes and watching Dogecoin. It could continue to limp along and consolidate, but it may be breaking out and looking for continued upside. I don't think the current momentum will allow a big move to the downside. For me, if we touch the ascending trendline that would be healthy and I would look to bounce up from there. The dashed trend lines on this 1hr chart show another way to potentially draw the triangle. What do you think about Dogecoin? Owhooooo!
BITTREX:DOGEUSD
by Akamer-the-Werewolf
12
Dogecoin Howling for the Moon!?This 4hr chart has me howling for the moon for DOGE! It looks like we have broken out after retracing to the .786 Fib. If a rejection happens at or around the .5 Fib I'd look for a solid bounce off the purple rising trendline. If we touch the purple trendline it could send Dogecoin into a parabolic uptrend to test resistance at the previous ATH. Here is a little more detail. We could be backtesting the .5 Fib as support. What are your whiskers telling you about Dogecoin? Owhooooo!
BITTREX:DOGEUSD
by Akamer-the-Werewolf
6