Dogecoin
BITCOIN on the way to the price of 37,000We have the four-hour chart of Bitcoin, finally, according to our expectations, Bitcoin has reached the demand area, we will probably see the growth of Bitcoin in the short term until the price of 42000, and then we will see its fall from this area, which is the supply area of the four-hour time.
-After breaking the demand area (40500-41300), the next demand area is (39450-39850) and the next area is (37480-37980).
If Bitcoin moves up, we have the supply area (42,380-42,840) to enter selling positions.
🔥 BTC/USD - More Fall Ahead ? (READ THE CAPTION FOR MORE INFO)By examining Bitcoin in the 4-hour time frame, we see that according to the previous analysis, as I expected, the price could not maintain the support of the $41,700 range, and for this reason, it started to fall and corrected to $40,700! Probably, we will see growth up to $42350 to fill FVG before falling further!
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Best Regards , Arman Shaban
💎 ADA/USDT - Bullish Target Reached, What's NXT? (READ CAPTION)By checking the Cardano chart in the weekly time frame, we can see that the price entered the specified supply range based on our analysis and started to fall from 0.6140 and fell to 0.4866! This fall will continue if we stabilize the weekly candle below the price of 0.4650, in which case we can expect more fall from Cardano! Otherwise, targets above 1 dollar are not far from expected!
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🔥 BTC/USD - Another Bull-Run ? (READ THE CAPTION FOR MORE INFO)By checking the bitcoin chart, we can see that the price, after Collecting the BUY-Side liquidity above of the $47,950 resistance with growth up to $49,000, followed by a fall and corrected to the range of $41,500! Now the price has reached a demand range, and if the price stabilizes above $40,400 and does not penetrate below this level, we can expect Bitcoin to grow again to $45,500 as the first target! After that, this analysis will be updated!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Is Dogecoin Coiling Up And Preparing For A Move?Looking at the technical picture of EASYMARKETS:DOGUSD on our daily chart, we can see that the crypto continues to slide, after peaking in the beginning of December. It is now trading below a short-term downside resistance line taken from the high of December 11th. That said, the rate is currently finding support just slightly above the 200-day EMA and above a short-term upside line drawn from the low of October 19th. This means that the EASYMARKETS:DOGUSD might be coiling up and getting into a squeeze. We would prefer to wait for a breakout through one of those given trendlines first, before examining the next directional move.
In order to consider a decline in the near term, a break below the aforementioned upside line, a drop below the 200-day EMA and at the same time a fall somewhere below the 0.077 hurdle would be needed. This way the bulls could get spooked from the arena for a bit, allowing more bears to join in. EASYMARKETS:DOGUSD may then travel to the current lowest point of January, at 0.073. If the selling doesn’t stop there, we might then aim for the 0.070 territory, or even the 0.065 zone, marked near the lowest point of November 2023.
Alternatively, a break of the previously discussed downside line could attract more buying interest, possibly sending EASYMARKETS:DOGUSD to the high of last week, at 0.088. If the bears are still asleep, this might allow the buyers to continue applying pressure, possibly sending the rate to the 0.095 hurdle, or the 0.099 level, marked by the high of December 15th.
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DOGE - todays look.Hello,
Today, we see a distinct possibility of increasing volatility as we enter a bearish market (purple) in contrast to the relatively stabilizing horizontal period leading to an extended bull market (mustard to grey blue), as well as an enthusiastic exhaustion gap, in teal… a likely precursor to the purple projection.
DOGE can crash by a 64%. Here is whyDoge can crash by a 64%. Why? Because we have a descending triangle on the weekly chart, which is a bearish pattern. Also, how much % profit DOGE made in 2023? 0%. DOGE is going sideways. Do not get me wrong, I believe in future on DOGE, but investors are disappointed compared to other coins. I think we can buy cheap doge in 2024 / 2025. Then to the moon. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Dogecoin differs from Bitcoin's proof-of-work protocol in several ways, one of which is by using Scrypt technology. The altcoin has also a block time of 1 minute, and the total supply is uncapped, which means that there is no limit to the number of Dogecoin that can be mined. You can mine Dogecoin either solo, or by joining a mining pool. A Doge miner can mine the digital currency on Windows, Mac or Linux, and with a GPU. As of 2014, you can also mine Litecoin in the same process of mining Dogecoin, as the processes were merged. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
🐕🚀 DOGE/USDT Bullish Move Loading 📈🔄
📅 The Doge/USDT market structure in the 4-hour time frame is starting to turn bullish! 📈 This exciting development suggests that we could witness a potential 20-40% bullish move in the coming days. 👀 It's definitely worth keeping a close eye on as it's looking very strong! 💪
⚠️ Reminder: This information is for educational and entertainment purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. 📚💡
Doge is ready to fly!After many days of consolidating in a wedge pattern, Doge broke the downward line and today proved the support that was a resistance!
You can buy it from this point or wait more for a full pullback and then buy it
.
Important: Always use stop loss!
Put your stop loss below 0.065 and wait for it to the target!
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Doge still needs correctionOur previous analysis hit the target exactly (check it out) and started a correction in the past weeks. Dogecoin still is in correction and the possible movement is shown in the chart. Wait for a good position and hunt it!
What's your idea? Share your idea with the community!
PLEASE, PLEASE DON'T MISS THIS OPPORTUNITYOpen my profile and read my previous idea about bitcoin. in that moment I thought ETF will not be accepted.
In this situation 99 percent of traders who think they know all about market are cash. because they think this is best way to avoiding chaos.
So what can we do now?
Everything is summarized in one word, Black Rock
Honestly I'm not bored, like other friends, give you evidence because with a simple search everything is clear. In short, they want to buy more bitcoin. Currently, the focus is on altcoins ( I prefer Dogecoin to buy) and therefore the Dominance decreases, and we will see altcoins expansion . There are two modes when the market comes out of the logical state (from a logical state for human intelligence and not Aladdin's AI that has several trillion dollars in control). Either buy or regret why you didn't buy.
Be safe
Can Dogecoin hit $1?Can Dogecoin reach $1?
Most likely not, but I'll bet on it.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
DOGE → First Sell-off Complete! Another Push to the Downside?Dogecoin, along with the rest of the crypto market, had a severe bear response to Bitcoins completion of its measured move. Are we in for another leg down?
How do we trade this? 🤔
I don't think it's reasonable to short here, not yet at least. We need a little more recovery from the first sell-off toward the Resistance Zone at $0.0865. If we get a sell signal from that area, it's reasonable to short Doge on the Daily chart toward the initial support of $0.0675. Until then, it's best to wait on the sidelines for the RSI to come up, and the bears to recharge.
It may be a while before Doge recovers and heads to a new high in this trend. The macro-trend is bullish in the crypto market, so we should be cautious when capturing these bearish movements on altcoins.
💡 Trade Idea 💡
Short Entry: $0.0835
🟥 Stop Loss: $0.0890
✅ Take Profit: $0.0725
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Bull Channel Concluded with a Double Top Reversal.
2. Trend Changed to Trading Range then 1st Push Down.
3. Bounced off of 200EMA Support, wait for new Sell Signal.
4. RSI at 36.00 and below Moving Average. Bias to Short.
5. Wait for Sell Signal After Test of Resistance Area.
💰 Trading Tip 💰
Channels are often concluded not with a strong reversal, but first a stall of the trend with a trading range. A reversal is likely if the trading range comes at the end of a three-leg trend.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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