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DOGEBTC

Dogecoin price rolls past $0.4 as trading debuts on Coinbase ProDogecoin has since mid-this week spiked incredibly, allowing bulls to regain some of the ground lost in May's massive cryptocurrency crash. Dogecoin dropped to $0.21 before making a brief recovery, stepping above $0.4. However, it retreated and remained relatively consolidated between $0.28 and $0.35. Coinbase Pro adding support for trading DOGE was a breath of fresh air to the popular meme coin. Investors welcomed the move with open arms, interpreting the event as validation of legitimacy. Moreover, some investors believe that Dogecoin could start being accepted as payment on many platforms, encouraging mainstream adoption. Investors started depositing DOGE to Coinbase Pro addresses on June 1, but trading will commence on June 3 to allow for liquidity building. Several crypto and fiat pairs are available for buying and selling the meme coin. Dogecoin settles above key technical levels Following the upswing triggered by the listing news, Dogecoin extended the bullish leg significantly above $0.3. The 100 Simple Moving Average (SMA) and the 50 SMA hurdles have been overcome, allowing the up leg to stretch past $0.4. At the time of writing, DOGE trades at $0.42 while embracing the 50 SMA as immediate support. The Moving Average Convergence Divergence (MACD) shows that the trend is in the bulls' hands. With the MACD swinging into the positive region and widening the divergence from the signal line, Dogecoin is bound to soar past the immediate hurdle at $0.45 and perhaps set the pace for gains eyeing $0.6. Dogecoin intraday levels Spot rate: $0.42 Trend: Bullish Volatility: Low Support: $the 50 SMA and $0.35 Resistance: $0.45 and $0.6
BINANCE:DOGEUSDLong
by CoinGape
DOGE - Looks bullishDoge is bullish right now. Just like ADA, 1INCH, ETH and too many other coins. It has formed Bull Flag as you can see on the 4H chart and it's fighting resistance right now. The Buy volume is high on all platforms for this coin and there are 2 support areas holding the price up as shown on chart. There might be some corrections or consolidations but I'm positive that the price is going to pump soon. This is a trade setup for people with long positions: You can open your long positions after the price crossed the resistance area and closed a 4H candle above that line. This is the safest strategy. There are 3 TPs shown on chart. Current Market Price: $0.4260 Good Luck Tell me your ideas. Like and Share
by ShawnMCR
1
DogeBTC bullish PennantHey all, DogeBtC now is situated into a bullish pennant which can lead Doge for a massive breakout.This is a powerfull continuation pattern.You can entry on this trade ONLY after a succesfully breakout from this channel and a succesfully RETEST of the upper line. The possible target is 1180 sats and 1600 Personally i will not enter in this trade because in my opinion Doge it s too overvalued and the BTC dominance when will increase doge will plummet hard After a succesfully breakout i will short this coin ,keep your eyes on this coin. If the breakout and retest will happen ,this coin will take the first target Tehnically: -The pennant is a bullish pattern -Macd sell volume slowing down which is a bull signal -stochastic bullish -rsi situated into a falling wedge which is bullish Bear signal -BTCUSD Long positions it s too high(check my previous TA on BTC) -BTC dominance RsI on weekly too low Personal strategy:I m waiting the breakout and after i will short doge
Long
by Rowhales
1
DOGE going up due to COINBASE listing. Trade Carefully!DOGE is for sure going to go up due to this coinbase listing , also check out the MAC D its literally a perfect set up. These callouts would be my take profits.. I would probably sell at each one, wait for consolidation bottom , buy back in , reepeat, etc. for each take profit. There is going to be a lot of people taking profit from last pump though So trade this one carefully as there will be sale walls along the way. Goodluck! I personally wont touch DOGE , feel like it may be a distraction from SHIB? I just dont trust it... Doesnt mean it wont hit 1$ 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!
Long
by BTCastroDOT
DOGE, Dogecoin - If it happens, I'll be happy🔥Dogecoin formed a clear triangle. I think if we drop quickly and break out the support level, after that, we go back to the triangle area and start squeezing to resistance, it will be a great pattern for buying. In this case, I'll be sure in a long position. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
19
Dogecoin (DOGE) - May 31Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (DOGEUSD 1W Chart) Check the size of your trading volume. (1D chart) It remains to be seen if the 0.27303231-0.30697373 zone can find support and move up. If it does not fall below the downtrend line, it is expected to rise. If it falls from the 0.20514946 point, Stop Loss is required to preserve profit and loss. If the 0.10332519-0.13726661 section is touched, we expect strong support. -------------------------------------- (DOGEBTC 1W chart) (1D chart) We will have to wait and see if we can go sideways in the 735 Satoshi-915 Satoshi section. In particular, touch the 775 Satoshi point and watch for a sharp rise. To convert into an uptrend, you must break out of the downtrend line. As such, it remains to be seen if the 915 satoshi-975 satoshi section can get support. If it falls in the 495 Satoshi-555 Satoshi section, Stop Loss is required to preserve profit and loss. -------------------------------------- We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
POLONIEX:DOGEUSD
by readCrypto
1