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Dogecoinanalysis

#Dogecoin Drops 20% from February Highs; Support at $0.080Past Performance of Dogecoin Dogecoin is, like the broader market, under pressure. It is down roughly 20% from February highs and will likely shed more in the days ahead. Going forward, traders should watch how prices react at around $0.091 and support at $0.080. #Dogecoin Technical Analysis Bulls are confident, but how prices react in the short term depends on where prices float or dump to next. DOGE is anchored by the bear bar of February 9, a wide-ranging candlestick that still shapes the current trend. For the trend to be defined, there must be a close in either direction, in a breakout. This could allow traders to ride it as the trend resumes, or retest immediate support levels at $0.10, and $0.073, respectively. What to Expect from #DOGE? DOGE is around the 61.8% Fibonacci retracement level of the December to February 2022 trade range. However, DOGE is confined in consolidation with decreasing volumes, a concern for bulls. As aforementioned, the failure of bulls to close above the February 9 high swings price action to favor sellers in the short term. Resistance level to watch out for: $0.091 Support level to watch out for: $0.080 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
2
Best entry point? Key support tested! 27.02.23What happens when a "falling wedge" pattern meets a long-term support line and they both bump into a potential Elon Musk takeover by Twitter? "Falling wedge" is a bullish reversal pattern. 0.85 is key resistance to pass for breakout up, confirming much further upside above. Support line goes back to October 2022 and confirms higher lows. Dogecoin is a POW coin (proof of work) and is mined similar to Bitcoin, no pulling the rug here. Dirt cheap, great upside, exciting stuff. ---------------------------------------------------------------------------------------------------- I encourage you to do your own research and practice caution when trading, especially leveraged products. Thank you for reading! Any comment to help me improve my content would be highly appreciated. ----------------------------------------------------------------------------------------------------
Long
by Exactus
8
Dogecoin Analyze (Short Term, 1-hour Time Frame,02/22/2023)🐶Dogecoin was able to make a symmetrical triangle. Also, Dogecoin broke the lower line of a symmetrical triangle. I expect Dogecoin to go down. Dogecoin Analyze (DOGEUSDT), 1-hour Time frame ⏰. 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
8
Dogecoin Analyze (Short Term, 30-minute Time Frame,02/19/2023)🐶Due to the microwaves structure of the main wave A, I do not expect Dogecoin to be able to go above the opening price of the main wave A. So I still have a bearish view of Dogecoin. It seems that the structure of the main wave B has a double three correction structure(WXY), and this wave's end was in 🔴PRZ(Price Reversal Zone)🔴. Dogecoin is losing its uptrend line and moving around the resistance line in the lower time frame of 15 minutes. I expect Dogecoin to decline at least until the first 🟢PRZ🟢. Dogecoin Analyze (DOGEUSDT), 30-minute time frame ⏰. 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
15
Dogecoin Analyze (Short Term, 30-minute Time Frame,02/17/2023)🐶It seems that Dogecoin was able to find the end of wave B at PRZ(Price Reversal Zone). I expect Dogecoin will go down at least to the first PRZ. Dogecoin Analyze (DOGEUSDT), 30-minute time frame ⏰. 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
10
DOGECOIN USD (DOGEUSD) 1W Trading Analisys (TA)1W Chart, DOGEUSD , on February 14, 2023, the signals on MACD has been diving below the histogram since NOV2021 and started moving to the surface on August 2022, making their first push to break the ice on October 2022, sending the RSI from below 40 to 60 and the price pumping from $0.05 to $0,15, piercing both 100 & 200 days MA signals; The RSI signal reached 63 bounced back and was supported on 44 and is now facing NE staying steady over 40 after the price has been steadly climbing since October 2022, between $0.05 and $0.11, testing for the third time the 100 days MA signal from below, at this moment there is still plenty of room for the price to pierce the 100 days MA signal and test the 200 days signal by the $0.15 again, which is the optimistic approach, but remember "In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading: "Now is the time to buy". Today this ticker has a Volume of 443M with a Market Cap of 11.000M. Good Luck! Gráfico 1W, DOGEUSD , el 14 de febrero de 2023, las señales en MACD han permanecido sumergidas por debajo del histograma desde el Noviembre 2021 y comenzaron a moverse a la superficie en agosto de 2022, dando su primer impulso para romper el hielo en octubre 2022, enviando el RSI desde abajo 40 a 60 y el precio subiendo de $0,05 a $0,15, perforando las señales MA de 100 y 200 días; La señal RSI llegó a 63, se devolvió y se apoyó en 44 y ahora se enfrenta al NE manteniéndose estable sobre 40 después de que el precio ha estado subiendo constantemente desde el octubre 2022, entre $0,05 y $0,11, probando por tercera vez la señal MA de 100 días desde abajo, en este momento todavía hay mucho espacio para que el precio atraviese la señal MA de 100 días y vuelva a probar la señal de 200 días en $0.15, que es el enfoque optimista, pero recuerda: "En este negocio, si eres bueno, tienes razón seis de cada diez veces. Nunca vas a tener razón nueve de cada diez veces. Descubrí que cuando el mercado está bajando y usted compra fondos sabiamente, en algún momento en el futuro será feliz. Nuna se encontrara un anuncio que diga: "Ahora es el momento de comprar". Hoy este ticker tiene un Volumen de 443M con una Capitalización de Mercado de 11.000M. ¡Buena suerte! “I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico". REMEMBER : I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE : No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
BITTREX:DOGEUSDShort
by rodulfox
DOGECOIN's perfect entry point?! Clear pattern 06.02.2023WOW! Very clear parallels highs and lows ascending tunnel pattern appears on chart. Buy entry around current rate 0.092 could be an easy ~10% catch to the peak of the tunnel at 0.107. Stop loss below the tunnel floor at around 0.0877 to be safe for false break could be a great immediate trade with much lower risk than potential reward. Good luck -------------------------------------------------------------------------------------- Always do your own research and practice caution when trading leveraged products! I appreciate any comment, question or interaction :) Thank you! --------------------------------------------------------------------------------------
Long
by Exactus
5
#Dogecoin Consolidating, DOGE Must Break Above $0.098Past Performance of Dogecoin Dogecoin is down 41% from November 2022 highs but remains within a bullish formation. Prices are trending higher, inside a large rising wedge, forming a bull flag. Unless there are sharp gains below immediate support lines, sellers may flow back. For now, traders can watch $0.098 if buyers are to take charge. If not, losses below $0.088 may see DOGE slip lower. #Dogecoin Technical Analysis Dogecoin is bullish, finding support at $0.067. Still, based on the DOGE technical formation in the daily chart, prices may recover, printing higher once there are substantial gains above $0.098, a critical resistance line marking January 31 high. Note that prices, in the short term, are bound between $0.098, marking the bullish engulfing bar of January 31, and $0.088 and the middle BB. From an effort versus result perspective, buyers will have the upper hand if the breakout above $0.098 is with expanding volumes. In that case, DOGE could rally to $0.11, in a bullish continuation formation. What to Expect from #DOGE? The short-term trend depends on if DOGE prices break out from the immediate consolidation. Confirmation of the January 31 bar may see the coin tearing higher to retest immediate resistance levels. Resistance level to watch out for: $0.098 Support level to watch out for: $0.11 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
1
DOge Coin !! is this a trapp? DOGE Price analysis As we see here DOGE is in a downward wedge on the long-term chart where it hit the top of this trending line now #3 times! So it must go back down right? Well, this might be a great Short setup idea in my opinion . If we loose the .08351 - .08506 LVL DOGE will most likely go back down and retest the .07780 ZONE of SUPPORT Which means The Doger woger could loose 12% from here . Keep it tight n simple out there guys! Don't Leverage trade this market! be smart :)
Short
by owenNations
3