DOGE SHOWS BEFORE TREND WITH ELON MUSK EFFECT - BREAKOUT 0,30+Hello trading friends,
This update was made for Doge holds users and traders.
We did add before a target about doge when it was 0,004 at that moment we did expect an increasing trend, as doge did shows on ETN effect a high interest. and the same we have now also with this trend. see before trend
After that, we did saw a huge increase trend. and later on price target 0,66, we did add the alert to manage risk with doge as it will break down depending on ETN also. as you can see here in this chart.
And from now we adding again a uptrend idea depending on the same chart study and ETN tool, that Doge looks to breakout to 0.30 + and possibly back into the hype.
We are now into the important ELON MUSK ZONE where he did buy before. see the new chart here below
# know that we can get a breakout increase, also if Bitcoin stable or breakdown, we have seen this more times. and most time an increase just come unexpected.
As always manage your risk and don't take high risks.
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DOGEBTC
Doge Uptrend visibilityMarket in the last 24hrs
DOGEUSD saw an overall downtrend with price moving between the upper and middle Bollinger band . Trading volume has been high in the last 24 hours.
Today’s Trend analysis
Price is expected to move in an uptrend as the price is looking like it is accepting the trend line and the middle Bollinger band as a support line. In the long term, the price is expected to move in the upward triangle.
Price volatility was high at approximately 7.1%, with the day's range between $0.195 — $0.228.
Price at the time of publishing: $0.203
DOGE’s market cap: $26.53 Billion
However, the Indicator summary is giving a 'NEUTRAL' signal on DOGEUSD.
Out of 11 Oscillator indicators, 2 are giving a SELL signal, 8 are neutral and 1 is giving a BUY signal.
Out of 15 Moving average indicators, 7 are giving SELL signal, 1 is giving neutral and 7 are giving a BUY signal.
Trading volume has been high in the last 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true.
Dogecoin READY to Move up!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Dogecoin is holding its strong yellow uptrend trend line and as long as we above the yellow line we can hold and ride it to make higher lows and higher highs.Dogecoin also is breaking out of this triangle structure because bitcoin is looking strong! Doge can see 0.30 very soon in the coming weeks to month
DOG Coin exploding $1.00 in the future!Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Dogecoin is holding its strong yellow uptrend trend line and as long as we above the yellow line we can hold and ride it to make higher lows and higher highs. Dogecoin Can see $1 in the future, not tomorrow not next month but when bitcoin makes a new high we can see more confidence back into dogecoin.
DOGE - Daily ChartI know it looks like everything is going back up.
But this DOGE coin is still fighting resistance. This time it's a bit stronger. You see that thick resistance area on the way up? that's the main one. let's see if we can cross that price range.
Also all of this descriptions are only valid if BTC doesn't collapse. And also this resistance is very strong so have that in mind.
I'll keep this chart update, till then, use this chart for your trade setup carefully.
Current Market Price: $0.20037
Good Luck
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XRPBTC and DOGEBTC comparisonsXRP has a similar chart structure to DOGEBTC
The major similarity is that the price is range bound, meaning, price has been stuck in a limited area (squeezed) area for the majority of its existence
This 'bound' nature, builds tension as each day passes, influencing the probability of a breakout out of this range
Some things however are not similar,
As on DOGEBTC price can be seen to be consistently oscillating pumps, where XRP has limited pumps
An observation post
I am long XRP
Something Special is Coming for DOGEFirst ever touch on the 200MA
50MA touches were disgustingly bullish
Will it have the same effect on the 200MA ?
I believe so.
% ?
Chart above also emphasizes the bullish possibility
DOGE eyeing the .618 Golden LineI do believe we will have a slight pullback to .186 price followed by a nice Uptrend moving into the morning. That is of course if BTC doesn't have a massive sell off, which could have us fall too .178 or even lower.
I will continue to update you moving through the early morning & into the afternoon.
DOGEUSDT will achieve new level up.DOGECOIN , DOGEUSDT trade respected my long term analysis and earned 1200+ profit. Now Trade has almost completed its inverted head shoulder and entered in supply zone to move up as I said before. Trade strong support area will be yellow zone area ands stop loss will be around .1100 area as shown by red line.Trade will hit new level of target which will 0.7 and next target will be 1.5000 level. share with me your views if you are not agree with my analysis. Good luck
DOGE AND SKL WICH ONE WILL BRING PRICE TO 1 usd + AS BEST ONE!Hello trading friends,
A challenge between 2 coins Doge - and SKL as they are around the same price now, which one do you expect will hit as first 1 USD?
add it into the comments.
We did update before about the doge since 0,004 when doge did start to increase, and we did go with the before trend and have seen doge increase as Elon musk did promote the coin.
SKL is a sleeping giant that is not so known as dodge - We from a watch trend expect that SKL can hit 1 USD before Doge can do that.
This one more reason, the trend - data and history shows. and what do you expect? add it into comments, thank you.
Out of this challenge - SKL is very undervalued in the price, and we expect with time we will see great increase trends on it.
This update means not that we will bring doge into the lower trend - doge can show also good increases as they did show before also, but if we can choose between these 2, then we go for SKL.
# This is not an investment view this is just our expectation, At the same time, we trade the market also for the short term as markets can change with time.
As always manage your risk, and have great trading time!
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DOGE downtrend channel brokenDOGE breaks the downtrend channel and the retest is also done. DOGE also breaks the market structure of Lower Low (LL) and Lower High (LH). This is a good sign for DOGE. DOGE also tested the major support zone of $0.16. Use a stop loss of slightly below $0.18 if you opening a long position.
DOGE - Daily ChartLast time that Doge was at this price it dropped down and broke support.
But now the sell volume isn't as high as it was before. There are 2 strong supports holding the price up and also a local resistance on the way up. I think it's safe to open positions based on this chart.
Be careful.
I'll keep this chart updated.
Current Market Price: $0.18888
Good Luck
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Doge Pump Not Done Yet?Here on the 1 hr chart you see we've been on a nice run since the morning of July 20th leading up to The B Word talk.
Looking at the Fib Retracement we see that we touched the Golden line of .618 (.186 price) as well as hit the middle band in the Bollinger Bands, this is typically a strong indication of another Bullish trend. I wouldn't be surprised if we even fell back too .786 line (.178 price) then begin our next Uptrend.
If we do fall too .168 price we may see a Bearish reversal & consolidate around that price moving into Thursday July 22nd.
Still need to monitor BTC moving forward.
DOGE - 12h. Target $0.3, but need to hold $0.16The correction has been going on in the DOGE market for 2.5 months. The price, after a fantastic growth in April-May without volumes , is steadily falling. Sellers confidently keep their trend line, which we marked as a range on the chart. However, sellers do not try to take active actions. In the previous idea, we wrote that the best scenario for buyers is to continue to consolidate and hold the mark of $ 0.18.
As we can see, buyers could not keep this mark and allowed sellers to test the important range of $0.16-0.165 for the third time. This range was tested at low volumes . The DOGEUSDT price bounced off of course, but without hints of stopping the downward trend. Buyers failed to break through the sellers' trend range and, with a high probability, buyers will have to defend the range of $0.16-0.165 again.
A retest of this range will allow investors to aggressively buy DOGE with a target of $0.3 . However, analyzing the desire of buyers to form their own trend, there is a possibility that sellers will be able to break through the range of $0.16-0.165 and continue falling to $0.12-0.125. In such a case, it would be a wonderful range for globally buying DOGE for several months.
It is safe and conservative to buy DOGE after the 0.22 test and holding the mark of $0.18.
In this case, the sellers' trend will be broken and the buyers will prove that they are ready to hold the DOGEUSD price.
Analyzing the DOGEBTC chart, we see that the price has gone beyond the global triangle:
However, the price exited the triangle without aggression, on small volumes . In addition, the price of DOGEBTC is above the important liquid zone 0.00000475-0.00000540 . From this range, buyers carried out a new wave of growth in April.
Therefore, at the moment for us the main scenario is a retest of $0.16-0.165 with a possible false breakout of this range. After that, we expect the formation of a new sharp wave of growth with an ultimate target of $0.3.
An alternative scenario is a fall in the DOGE price to the range of $0.12-0.125. However, this requires the BTC price to update its low.
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Dogecoin - could be a huge drop 😲😲Dogecoin has been moving in a downward pattern for the past month, creating lower and lower highs. At the same time, we can see the creation of a triangle with a clear support level of $0.168, at the last test of this level Bitcoin, rose 20%, while breaking the trend line, at the same time there was a strong volume increase, which meant someone got liquidity to sell. In fact, after that, the Doge corrected again and is now heading towards the lower support level again.
Will the support hold this time?
If the Dogecoin declines and squeezes towards this level, it is very likely that this level will be broken. You could try to enter the trade on a squeeze or safer on a breakdown and test 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