#Dogecoin fell 55% from Q4 2022 High; will $0.065 Hold DOGE?Past Performance of Dogecoin
Spectacular gains of October were quickly reversed in November and December. From Q4 2022 peaks, the coin fell 53 percent and is now flat-lining in a tight trade range, evident in the daily chart. There are higher highs versus the lower BB, pointing to a possible reduction in selling pressure. Nonetheless, there must be substantial gains above resistance lines for trend continuation.
#Dogecoin Price Analysis
Bears are in a commanding position, but there are also fundamental factors that influence the coin's performance. In the short term, support lies at $0.065 while resistance is at $0.075 and $0.080—marking December 19 high, respectively. Risk-on traders must wait for a breakout above the current consolidation, ideally above $0.080, before loading the dips, targeting December 16 high at $0.087 or better. If there are sharp losses below $0.065 and last week's low, DOGE may disintegrate, falling back to $0.056.
What to Expect from #DOGE?
DOGE is within a bullish formation, from a top-down preview. Support coincides with around September 2022 highs. However, whether buyers can initiate longs or traders swing the bear run depends on the reaction at the earlier mentioned levels.
Resistance level to watch out for: $0.080
Support level to watch out for: $0.065
Disclaimer: Opinions expressed are not investment advice. Do your research.
Dogecoinanalysis
Dogecoin Analyze (Short term, Timeframe 4H, 01/05/2023)!!!🐶Did you read my previous posts about Dogecoin!? I hope you were able to make a good profit.✅💵😎
I would be happy if you share your experience of trading in Dogecoin with me.
Dogecoin is running on a resistance zone and near the resistance line where we have SMA 200 (Daily TF) too.
Also, if you look at my chart carefully, Dogecoin is moving on ascending channel again and has risen about +14% (like the previous upward movement).
I expect Dogecoin can not break the resistance zone and go down again at least until the support zone after breaking the ascending channel.
Dogecoin Analyze (DOGEUSDT) Timeframe 4h⏰ (Log Scale).
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.
DOGE update; still valid fractal DOGE update; still valid fractal
put some squiggles on instead of copied bars. i think that down section we just had was just done in a slightly different way but overall the fractal is still valid and trucking along.
we should go up soon if this plays out. not before another wick down if i had to guess. wonder what the bs news will be this time to take it back up.
DOGE. Triple Divergence?!BINANCE:DOGEUSDT
As you can see from the daily candle chart, third pattern of bullish divergence is formed.
First pattern: 11/11/22 - 21/11/22
Second pattern: 22/11/22 - 19/12/22
Third pattern - 20/12/22 - 30/12/22
Shall we expect bull run from this point? What's your thoughts?
DOGEUSDT has reach all target with 150% profithello everyone
as you can see from the signal we published on 11 July almost all targets have been touched And 150% profit was obtained without leverage.
so what will happen next?
as you can see the lowest level is pointed in the chart and we will wait for this area to buy dogecoin and wait for big movement.
you can open a short position for this too
we will update you when the time has come
good lock
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good lock
DOGE 2023 $we have a critical area to hold above the 0.065$, if we hold above that support we going to see huge bullish momentum till the breakout zone the 0.11$ if we break it we going to see another pump for 2 profit taking first around the 15 cent and the second around the 22 cent.
on the other hand if we broke below our ascending line , we going to have double bottom first above the 0.50$, if we don't hold it is means we going to see a new low for this year above the 0.28 cent .
DOGECOIN: A GOOD RALLY EXPECTED.This is a weekly chart on Dogecoin and so far, it looks good. With strong support at $0.06, dogecoin is good to go for a rally, all it needs to do is maintain this support level. If it fails then we may see dogecoin close to $0.035 or even lower.
Also, this could be a sweet spot from where dogecoin can start its new rally. I know it is a bold statement but with EM, anything is possible.
Reasons stating Doge is positive:
1. DOGE broke out of the triangle pattern and currently retesting.
2. DOGE is still above the $0.06 support level.
3. Mr. Musk.
If you find this update useful then do like, share, and follow. I will highly appreciate it.
Trade safely.
DOGE ANALYSIS#DOGE UPDATE.
#DOGE is currently trading at the daily support around the yellow box area on daily .We must wait to enter in any position as if doge loses the yellow box support we might see doge testing the next support level.However,if doge bounces from the current support we can see some upside move but for that w have to wait for the daily close.
DOGE - Buy HERE , Bullish Setup +70% TPHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
You might need some patience with this altcoin, but Dogecoin is approaching a strong support zone. The great thing about this DOGEUSDT trade, is that you can pre-set your orders, and still enjoy your Festive Season without worrying about the charts. This setup has a great risk-reward ratio (7.6) and it will be longing from a strong demand zone, which further improves the odds of a successful trade. REMEMBER that no trade is guaranteed, and this is the point of speculation - taking risks for potential rewards.
Interested in Ethereum? Check out THIS idea 👀
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CryptoCheck
Dogecoin Analyze (Short term, Timeframe 15min, 12/19/2022)!!!🐶Dogecoin moved as I expected ✅👇.
Dogecoin is making a falling wedge pattern.
After breaking the upper line of the falling wedge, we can expect Dogecoin to rise to the resistance zone.
Dogecoin Analyze (DOGEUSDT) Timeframe 15min⏰ (Log Scale).
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.
Dogecoin(DOGE/USDT) in a Decessive Phase! The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. However, the November push uplifted the price beyond these levels marking the revival of a firm bullish trend. Presently, the DOGE price, despite the bearish action, is trying to sustain at these levels and trigger a rebound. Meanwhile, the buying volume has dropped heavily due to which the fear of slicing down from the 200-day MA levels emerges.
In that case, the DOGE price is expected to test the lower support zone between $0.05 to $0.056 and attempt a rebound. Conversely, if the token triggers a rebound from the current levels after a brief consolidation, then a notable jump towards the interim resistance at 50-day MA levels at $0.095 appears imminent.
Collectively, the Dogecoin price appears to be extremely bearish and if Elon Musk steps down as the Twitter CEO, the token may be negatively impacted. The November surge was fueled by the speculations of Twitter adding DOGE to their payment methods. Therefore, the coming few days could be extremely pivotal for the DOGE price as immense volatility may be expected until the year end.
DOGE Breakout Zones $we are about to have changing in momentum if we broke that triangle , and broke either up or down , the most important thing to watch out for is either breaking the resistant above , which will indicate the bullish run , or breaking the support down below which will indicate the bearish control .
Doge May be ready to pump Doge has been accumulating and has moved since its jump from 0.057 . also 0.070 is a strong liquidity zone for doge. The resistance now lies around 0.14, 0.13,0.127 zones. Any news over twitter 2.0 can pump doge. But as a risk-reward its always safer to buy close to a very high liquid area.
Trading opportunity for DOGEUSDT Based on technical factors there is a Sell position in :
📊 DOGEUSDT
🔴 Sell Now 0.10093
🧯 Stop loss 0.11230
🏹 Target 1 0.09230
🏹 Target 2 0.08030
🏹 Target 3 0.06420
💸RISK : 1%
We hope it is profitable for you ❤️
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