DOGEBTC
DOGEUSDT BULLISH SIGNAL UPDATE!!As you all know, Doge is not performing well from last 6 weeks and according to the Chart patterns, Ascending Channel is formed, Breakout formation and also indicators giving bullish signal.
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RISK FACTORS:
Market/BTC CRASH
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Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
Symmetrical triangle in Dogecoin* Dogecoin in 4H time-frame forms Symmetrical triangle.
* Symmetrical triangle pattern occurs when the price consolidates between two trend-lines slightly sloping towards each-other, the price is squeezed till it breaks the either side of the pattern.
* If the price breaks either side of the pattern we can expect a healthy move.
DOGE - Daily ChartNo surprises here since the market is bullish for now.
DOGE broke a resistance area here and now it's going for the next one. Although it's strong and buy volumes are high, we might see aa little rejection on that higher resistance (higher one).
Keep in mind that DOGE is way stronger than bitcoin today.
I'll keep this chart updated if DOGE broke the second resistance as well.
Use this chart as your trade setup for now.
Current Market Price: $0.33000
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Doge wedge continuationAfter we consolidated we rose right into the previous wedge which is now a continuation. The good news is we're nearing the end of this wedge typically leading to a new trend with a spike.
We are going to see a minimal pullback to then test the top of this wedge, from there and f we decide to have a sell-off well potentially fall to .25 which has very strong support.
Or if we're able to break through the top of the wedge followed by a minimal pullback we may see an Uptrend too .35 heading into Friday morning.
DOGE/BTC buy opportunityHi followers,
BINANCE:DOGEBTC showing signs of a new uptrend forming,
New buyers stepped in on a support area, followed by trend line breakout, retest and higher low.
Don't forget to manage your risk! 👌
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
DEGOUSDT Has formed a Bullish Flag
Welcome back Traders, Investors, and Community!
DEGOUSDT on Daily TF it has formed a Bullish Flag. It might go down to the Pullback zone before it heads up. On H4 It has already broken above the Resistance and has done the retest.
⬆️Buy now or Buy at 9.397
⭕️SL @ 8.353
✅TP1 @ 13.000
✅TP2 @ 15.000
✅TP3 @ 18.000
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DOGE - Daily ChartDoge also had a great pump in the past few hours.
I was getting a little weak around the last support area but now it's consolidating on that area.
If this consolidation lasts then we can open our long positions and see another pump.
Now unlike BTC and ETH, I can't find strong buy signals on different platforms which means it's a bit risky comparing to other main coins. So be careful!
Use this chart as your trade setup.
I'll keep this chart updated.
Current Market Price: $0.28100
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Dogecoin - when to sell this scam 🤔❓Since yesterday, bitcoin has fallen from its highs by 5%.
Following it, all altcoins fell in value. Dogecoin was no exception, falling 10% from its highs.
A small pullback is now possible. A wedge formation can be seen on the chart. If the price starts to squeeze to the lower boundary, it will be a signal that the decline will continue.
The best opportunity to sell would be after a breakdown and a retest of the lower boundary of the wedge as resistance.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade