DOGE going up due to COINBASE listing. Trade Carefully!DOGE is for sure going to go up due to this coinbase listing , also check out the MAC D its literally a perfect set up. These callouts would be my take profits.. I would probably sell at each one, wait for consolidation bottom , buy back in , reepeat, etc. for each take profit. There is going to be a lot of people taking profit from last pump though So trade this one carefully as there will be sale walls along the way. Goodluck! I personally wont touch DOGE , feel like it may be a distraction from SHIB? I just dont trust it... Doesnt mean it wont hit 1$ which I do believe it most definitely will. Just not a trade for me, More gains to be had in SHIB and its just starting, however if you love DOGE this is your time to shine. Just get out while you still can, that last Take profit at the top should be your EXIT noone should be "HODLING this thill it reaches 10$" lol I think that 1.38 or whatever at the top will be its VERY extreme top, then will deflate down to around 1$ and stay there. It should take one of these 3 paths to the top, (yellow lines) Good Luck everyone!
Dogebinance
DOGE/BTC (Testing Monthly Key Level Support)💎Technical Analysis Summary💎
BITTREX: DOGEBTC
-The monthly Bear flag has been confirmed
-After the price broke its key level of support around 22 sat
-DOGE is now testing its Monthly swing key support around 15 sat
-We can see this level has been tested twice last Jan 2017 & Nov 2017
-Will DOGE repeat the history with a strong pump?
-We will have to observe the market condition in the coming weeks
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DOGE/USDT (New Trendline Resistance?)DOGE/USDT
-found support at the last fib level on .786
-this area is a previous minor consolidation last July 7
-immediately after a minor bump, the price got rejected
-there is a clear trendline resistance now located at 3300 range
-if we can see a break of this line, that is a buy signal
-or wait for a retest to confirm a new area of support
-there is also a chance it could hit the low at 28000 range
-and form a double bottom reversal in the coming few days
-I suggest waiting for the breakout as this coin is full of pump and dump
DOGE/BTC (Bounce Strong @ Fib .786?)DOGE/BTC
-found support at the last Fib .786 area
-currently trying to get hold above the .618 fib
-acceptance above this level will give upside potential up to 47 sats
-otherwise, failure to sustain will likely retest the bottom at 31 sat
-breaking below 30 sats will signal a more bearish scenario in the future
DOGE/BTC (Strong Breakout)DOGE/BTC
-an amazing breakout of DOGE coin
-we manage to catch the price at 29 sat
-because we saw a spike in buy volume when it got there
-examined the chart on the weekly
-giving the sign of potential strong breakout which it did
-we fully closed position at 45 sat but overshoot to 60 sats
-I do not recommend to buy at this level
-wait for the next consolidation phase or pullback at immediate support
-the 46-42 sat is an area to watch for upside continuation
DOGE/BTC (Ranging Market > Large Move about to happen?)DOGE/BTC
-DOGE has been consolidating for almost a year now
-Big channel box between 25-32 price range
-You don't want to trade on a ranging market
-a ranging market is full of fakeouts
-the best way to enter a trade here
-is to confirm the breakout direction
-with this, you know which way you are going to enter
-and avoid being caught up in a bad situation
-once we see a candle close above 32s
-that's our first signal of a potential trend change
-upside target is up to 83s or higher
Doge Has Completed The Bullish Setup To Breakout The ResistanceSince Oct 2019 the price action of Doge with Bitcoin pair is moving within falling wedge in the meanwhile it has hit the support of this wedge in the month of Oct , Nov 2019 and Jan and Feb 2020, and this the 3rd time it is hitting the resistance of this wedge 1st it was hit in Oct 2019 second touch was in Nov 2019 and 3rd touch is on 5th Feb 2020.
Sofar it was failed to break out the resistance neither break down the support as well but this time more chances are in favor of breakout the resistance rather than break down the support of this pattern.
This time the price line has hit the resistance at 0.00000029 sats and pulled back to 0.00000026 sats during price correction period in the meanwhile it has crossed up the center moving average of Bollinger bands after hitting the support and this is in actual the 20 moving average if the price action closes above this moving average then there will be strong chances of breakout very soon.
Moving Averages:
The price action is likely to close above the exponential moving averages with time periods of 10 and 20 after Nov 2019, today it will be confirmed whether the candle sticks will be closed above this level or move down again however if the price action will be successful to close above these exponential moving averages this EMAs will provide a very powerful up lift to Doge’s pricline and it will be great help to achieve the breakout from this wedge pattern.
The Bigger View:
On week chart the relative strength index (RSI) has already visited oversold zone for two times 1st in Jun 2019 and second in Sep 2019 and now turned bullish.
The stochastic has also given bull cross from oversold zone after Sep 2019.
The Harmonic Move:
The most strong signal that is received on week chart is the formation of bullish Gartley pattern which the price action of Doge has formed.
The formation was started in Sep 2019 and now the price action is moving within the potential reversal zone of this Gartley and there are strong chances that the price action can take bullish divergence at any time which will also lead the price action to breakout the resistance of falling wedge pattern which we have discussed earlier on one day chart.
Here we can set our stop loss the support of potential reversal zone and that is 0.00000025 sats.
Regards,
Atif Akbar (moon333)
DOGEBTC completed Gartley | For Upto 36% bullish movePrice action of Doge / Bitcoin has formed a bullish Gartley and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000028 to 0.00000025 sats
Sell between: 0.00000030 to 0.00000034 sats
Regards,
Atif Akbar (moon333)
DOGEBTC formed bullish Gartley | Upto 40% bullish movePrice action of Dogecoin / Bitcoin has formed a bullish Gartley and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000028 to 0.00000025
Sell between: 0.00000030 to 0.00000035
Regards,
Atif Akbar (moon333)