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DOGE WeeklyElon's Shill Coin, DOGE, does not look like it will dissappear so we should accept it and embrace it. It broke very strong weekly resistance line but I believe we still didn't see any re-test. Scenario 1: If it decides going up without the re-test we can wait to weekly close above resistance to take some actions. After buying, we shouldn't forget to put some stop-loss order, in order to protect our investments. Scenario 2: I believe this scenario looks more possible since the market still looks bearish. If it goes to re-test the trendline, we can get some doge with stop-loss just under the support. This is my trial. Not a financial advice.
by Dantefe
3
DOGE - insane 83% drop, here is why! Doge pumped a lot, but it looks like a scam pump to me. There are no buyers at all. I think this uptrend was fueled by stop-loss triggers and liquidations on the futures market. At this moment, the uptrend looks like a major ABC correction. Clearly, we can see a three-wave structure. Also, the bulls failed to hold the wave A swing high at 0.089, which is a sign of weakness. Why would anyone want to buy DOGE at this moment? I don't see any bullish patterns. Better open a short position on futures , but look for setups on lower timeframes. This analysis is on the weekly chart. No worries, you can buy DOGE at the 0.618 FIB for quick gains. That's exactly what my plan is for DOGE! On the chart you can see a projection for a parallel channel . This channel is amazing, because you can buy at the bottom of the channel for quick gains. A 83% drop is possible, and I will not be surprised if we go even lower. This mini-uptrend is not healthy. On the chart, you can see three strong supports: 0.618 FIB, POC1, and POC2. This is incredible because there will be a lot of money to be made at these levels! Let's be honest; everyone bought DOGE because of that pump, and now everyone is trapped. Sell DOGE while the price is high, it's not too late. If something pumps in one week and then dumps back, then it's obviously a fake move, and it will be punished by a massive crash. Can DOGE drop by 83%? Let me know in the comment section right now! For more ideas, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
62
Heavy sales pressure!DOGECOIN has seen extreme volatility over the past week. The price of this currency stopped after its stunning growth up to the resistance range of $0.15. Then, with the continuation of the downward trend of Bitcoin and increasing selling pressure, the price of Dogecoin fell to the support of $0.080. This support was temporarily broken, but the last two days' strong pullback above this range has increased the bullish tendencies of Dogecoin to retest previous resistances. We can consider a downward trend line in the 4-hour time frame on the chart. If we break this dynamic resistance and pullback to this trend line and maintain the important trend support of $0.080, we can expect Dogecoin to grow again. But in general, due to the heavy selling pressure in this currency, Dogecoin needs a time correction, and there is a possibility that the price of Dogecoin will range between this support and the resistance of $0.100.
by MonoCoinSignal
7
🐶DOGE - 30% crash is imminent! 30% crash is definitely very possible on DOGE, so be prepared for it! After a 189% pump on DOGE, do not be surprised at all if we the bears step in. What goes up fast also goes down even faster. An impulse wave was detected from the peak, which is not a great sign. There is an increased probability of another impulse wave to the downside. Overall, I think this huge pump on DOGE is done, and I expect a retracement to shake out late longs. Let me know in the comments section what you think about DOGE. Are you bullish or bearish? I look forward to your comments! The latest news on DOGE is that Twitter will not include any cryptocurrency at this moment in their business plan. I believe DOGE will go up, but not now; it's just too fast. I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more analysis, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
60
DOGE/USDT - LONG ----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. -- ------------------------------------------------------- ⚡️⚡️ #DOGE/USDT ⚡️⚡️ Client: My-Binance Futures Trade Type: Breakout (Long) Leverage: Cross (1X) Entry Targets: 1) 0.13009 - 100.0% Take-Profit Targets: 1) 0.13566 - 14.285% 2) 0.14207 - 14.285% 3) 0.14755 - 14.285% 4) 0.14950 - 14.285% 5) 0.15303 - 14.285% 6) 0.15638 - 14.285% 7) 0.15879 - 14.285% Trailing Configuration: Entry: Percentage (0.5%) Take-Profit: Percentage (0.75%) Stop: Breakeven - Trigger: Percent (6.0%)
Long
by Mahdicryptodotma-pro
Dogecoin Analyze (Short term, Timeframe 4H, 11/01/2022)!!!🐶After the purchase of Twitter by Elon Musk, we saw an increase in the price of Dogecoin. It seems that the growth of Dogecoin has reached an important resistance zone, and the bearish reversal candlestick pattern also confirms my words = 🌟Shooting Star Pattern🌟. Also, we can see a Regular Divergence (RD-) between the Price and RSI indicator.👇 I expect Dogecoin will go down at least until the support zone. Dogecoin Analyze (DOGEUSDT) Timeframe 4h⏰ (Log Scale) Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
9
The next important level!The happiness of Dogecoin buyers continues along with the favorable atmosphere of the market! Dogecoin, which has recently started a significant upward movement with the news of buying Twitter by Elon Musk, has recently attracted new buyers with the tweet of Dogecoin's logo by its new owner. This situation, along with reducing the pressure on the cryptocurrency market and creating a fluctuating situation, has made good conditions for the growth of DogeCoin, which experienced a 93% drop from its historical peak. Meanwhile, the Federal Reserve, which is trying to rein in inflation by implementing its strict control policies, is likely to reduce its steps in the November meeting, which, if realized, can further reduce the double pressure on the cryptocurrency market. And this is a reason for investors to become braver. Further, by examining the chart of this meme coin in the daily time frame, there is a high probability that the price will continue to grow until the next important level of 0.1730-0.1800.
by MonoCoinSignal
25