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Dogecoinanalysis

DOGE Daily TA Cautiously BullishDOGEUSD daily guidance is cautiously bullish. Recommended ratio: 65% DOGE, 35% Cash . * CRITICAL RESISTANCE WATCH/PCE INDEX WATCH . All Risk-On assets are rallying off of "dovish" remarks made by Fed Chair Jerome Powell in his speech at the Brookings Institute earlier today . To condense it, he: reiterated the same narrative that inflation has a long way to go before coming down; expects October Core PCE to fall to 5% from 5.1%; said that decreases in rate hikes can start as soon as December; the terminal FFR for 2023 will likely be higher than projected in September's meeting (5%++); and that housing-services inflation should begin to fall in 2023. SBF was interview by Andrew Ross Sorkin who did a rather good job of asking hard questions, and to condense it, SBF denied fraudulent intentions and instead said: lawyers didn't want him to talk; it was failure of risk management; there wasn't enough oversight; he unknowingly comingled user funds; FTX US should be solvent and can process withdrawals immediately; regulations are BS; he takes prescribed "focus" drugs; he donated to both Liberals and Conservatives equally; VOX DM's were a mistake; and that he supports good journalism. Interestingly, he admitted that most journalists are Liberals, so whether he donated equally to both parties is up to debate; though most of his Conservative donations were "dark contributions" . The last Beige Book of 2022 was released today and to condense it: most (if not all) districts expect an economic slowdown in 2023 marked by slowing demand and a tightening labor market. November US Consumer Confidence reported yesterday (11/29) and came in at 100.2, lower than 102.2 in October; with inflation and interest rate hikes expected to continue weighing on markets in 2023. The second US Q3 GDP estimate was reported today and came in at 2.9% vs 2.6% in the first estimate, this is mainly due to upward revisions in consumer spending and non-residential fixed investments. In lighter news, Tim Cook gave Elon Musk a tour of Apple Headquarters and clarified that Apple had no intentions of removing Twitter from the App Store . Cryptos, US Equities, US Equity Futures, N100, NI225, HSI, CNYUSD, JPYUSD, GBPUSD, EURUSD, Metals, Natural Gas and Short-Term US Treasurys are up. DXY, VIX, Oil and Agriculture are down. Key Upcoming Dates: October PCE Index at 830am EST 12/01 ; November Employment Situation at 830am EST 12/02; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14. * Price is currently trending up at $0.106 as it tests $0.112 minor resistance. Volume finished today's session Moderate (high) and is on track to favor buyers for a third consecutive session if it can close tomorrow's session in the green. Parabolic SAR flips bearish at $0.079, this margin is bearish at the moment. RSI is currently trending down and testing the uptrend line from December 2021 at ~61 as support after peaking at 64; if it can bounce here it would imply that the uptrend is still intact. Stochastic remains bullish and is currently trending up at 99 as it approaches a retest of max top (it's currently trending in the 'bullish autobahn'). MACD remains bullish and is currently trending up at 0.0036, the next resistance is at 0.01. ADX is currently trending up at 30 as Price pushes higher, this is bullish at the moment. If Price is able to break above $0.112 minor resistance then it will likely aim to formally retest $0.162 resistance . However, if Price is rejected here, it will likely retest the 50MA at $0.087 as support . Mental Stop Loss: (one close below) $0.095 .
BITTREX:DOGEUSD
by dailytaguy
DOGE -Easy Trick, Targets with Moving Averages🎯Hi 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. 👩🏫 A quick look at Dogecoin after the mini rally. DOGE loves moving averages . The moving averages is always a strong indicator of where the price could land after a correction towards the upside - and we see just that. Resistance in the 3D timeframe from the 200d moving averages. My observation on DOGEUSDT will conclude that this was just a correction to the upside following BTC increasing. I'd be looking to take profits here. Interested in Bitcoin? Check out this idea on BTC, covering the fundamentals in the market at the moment: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
28
Dogecoin DOGE price will rise But don't expect fast & easy moneyToday we consider the DOGEUSDT price chart After Musk bought Twitter, he again took up the Dogecoin pumping. Probably wants to sell out profitably, because he did not sell all at the previous manipulations) He, "by all sorts of truths and lies", hints that Doge will soon be integrated into Twitter. We would like to warn you that in the coming months, even he will find it difficult to organize a pumping of the DOGEUSD price by hundreds of % upwards, as it was in previous years. After all, two powerful liquidity zones will be waiting for us above, in which people bought more than a year ago, because they hoped for continued growth, and the price fell and the deposit sank. Now, when the price will reach the orange and red liquidity zones, those who have been sitting in the drawdown for more than a year will sell their DOGE "by zero" just to get rid of this bondage. This is how human psychology works. But , if you are patient, you can try to buy Dogecoin in your long-term investment portfolio closer to $0.073-0.083 And then waiting, waiting, waiting...) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
19
$Doge 🐶 Swing Idea [If/Then]Let's start with 1. The 🐘 elephant in the room. 1. Now, for a swing position on a daily timescales - this Bullish Divergence is golden. It's literally blaring off the charts like a fog horn through the muddy waters of technical analysis. Take note and build from this. We are 🐂 Bull biased. Now that the elephant has been addressed we can scope out confluence for entry points. Take a look at the GREEN BOX labeled 'Buy Strong Vol. Delta Cluster' - with this information we can be sure that the majority of volume is BULLISH, there is more weight in the buying power than the selling power. Now inversely, look at the RED BOX labeled 'Sell into Vol. Delta Cluster' - within this area there is strong selling pressure, we'll want to look at EXITING our position in this area with added confluence from the Fixed Ranged Volume Profile tool, RVWAP and the GOLDEN Fibonacci areas of resistence. I'll address this is section 3. 2. I forecast the Price Action range starting Nov. 9 to end on Nov. 25. Today's (Nov. 26) candles is required to close (IF) above 9c with CONVICTION, we can look for entry points at retest VALUE AREAS. If today's candles does close as required, we can be confident any pullbacks will work as a retest of volume VALUE AREAS. This is where it get's interesting. The confluence of the Weekly and Daily candles closes lays specifically on top of the VaH AND the PoC of the 16 BAR FIXED Volume Range - See horizontal Blue/Yellow bar drawn within the 16 bar range for reference. We can use these two points of confluence as ENTRY Targets. Now we have our confluence data for entries, we can look at where we should be taking profit. NO ONE ever goes broke by TAKING profit. 3. We want to EXIT is style. TP1 abbreviated as 'Take Profit 1' is lined in confluence from the inital breakdown from Nov. 7 AND the ORANGE DOTTED 'Rolling VWAP' which indicates RESISTANCE. This marks for an excellent take profit mark of 11c. Dollar averaging at about 25% again on our position, IF we were to take two entries at 9c and 8.5c combined. TP2 is where I would close the ENTIRE position and look at entering shorts... The confluence in the Fixed Ranged Volume Profile RED LINE - PoC and Fibonacci Sequences of 0.66 and 0.618 swing High/Low retracement values 16c-7c. ALSO, the DELTA VOLUME RED box of selling pressure from the previous HIGH range bound Price Action. ^^^ Many areas of confluence to close the entire position. --- Close WHOLE position and look for smaller gain SHORT opportunities which would require further Technical Analysis at the time for exit plans.
Long
by daveibo1ster
DOGE WeeklyElon's Shill Coin, DOGE, does not look like it will dissappear so we should accept it and embrace it. It broke very strong weekly resistance line but I believe we still didn't see any re-test. Scenario 1: If it decides going up without the re-test we can wait to weekly close above resistance to take some actions. After buying, we shouldn't forget to put some stop-loss order, in order to protect our investments. Scenario 2: I believe this scenario looks more possible since the market still looks bearish. If it goes to re-test the trendline, we can get some doge with stop-loss just under the support. This is my trial. Not a financial advice.
by Dantefe
3
DOGE/USDT - Elon & Twitter Bullish? 🐂Fun one this morning looking at the DOGEUSDT 1H chart. Elon's latest tweets + his continued support for the memecoin over the years has DOGEUSDT actually consolidating & "potentially" finding support here. Will we get a mini DOGE szn? 🚀 Trading memecoins right now is like playing with fire if you ask us, but nonetheless we might see some strong % gains to the upside if Bitcoin and equities pump this month/going into end of year. We'll be looking for nice setups across all the major altcoins and indicies as we see if this bull pump from last week can push us up to 4100 SP500 and a higher BTC. Let's see! Eyes peeled & head on a swivel this week. -TucciNomics Chief Overlord, AlgoBuddy
Long
by QuantVue
$DOGEUSDT What is Dogecoin (DOGE)? Dogecoin is a cryptocurrency that was created on December 6th, 2013 based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. The codebase of the project was a fork of Litecoin, in which most of the same features such hash hashing algorithm were inherited, with the only difference of branding and large inflationary supply. Introduced as a "joke currency", Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined. Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both wanted to create a fun cryptocurrency that will appeal beyond the core Bitcoin audience. Dogecoin is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content. The community is very active in organising fundraising activities for deserving causes. The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum. One of Dogecoin strengths is its relaxed and fun-loving community. However, this is also a weakness because other currencies are way more professional. Dogecoin in 2022 Fast forward today in 2022, Dogecoin has grown so much and have gathered the mainstream attention. It has become a meme that is used by the likes of Tesla billionaire, Elon Musk and even more so spunned off even more meme coins into the market. Dogecoin followers have always been asking if Dogecoin would ever reach $1. It is hard to say where the price action will go, but high volatility seem to be mainstay as the utility of the cryptocurrency remains unclear being a meme coin.
Long
by BADQOMOCAWGOWLD
DOGE - 📉LONG & SHORT📈 2 SETUPSHi 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. 👩🏫 Dogecoin just finished a grand mid-cycle rally and is now correcting back towards the closest support zone. This is most likely due to the fact that the entire cryptocurrency market is trading lower today. We see high Volume on the chart, indicating that there were many buyers at the support zone that DOGEUSDT is once again approaching. Two ways to trade DOGEUSDT right now, I discuss them in the video. Interested in Altcoins with PARABOLIC upside potential? Check out these coins: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
23
DOGE Daily TA Neutral BullishDOGEUSD daily guidance is neutral with a bullish bias. Recommended ratio: 55% DOGE, 45% CASH. * GOLDEN CROSS WATCH . Cryptos experienced the Sunday Scaries today off of rumors that Alameda Research may not be as solvent as expected and Binance CEO CZ announcing that he plans to liquidate Binance's FTT holdings over the coming weeks . Chinese health officials clarified that they aren't easing their Covid-Zero policies amidst a 6-month high in new infections . Crypto, DXY, HSI and NI225 are up while US Long-Term Treasuries, CNYUSD, JPYUSD, GBPUSD, EURUSD and Equity Futures are down. With Republicans looking set to take both the House and Senate on Tuesday (11/08), all eyes will be on CPI reporting this Thursday (11/10). Key Upcoming Dates: Third GDPNow US Q4 GDP Estimate 11/09; US October CPI at 830am EST 11/10; UofM November Consumer Sentiment Survey at 10am EST 11/11; Russia/Ukraine Grain Deal Expiration on 11/19; 2nd Estimate of US Q3 GDP at 830am (EST) 11/30; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14 .* Price is currently retesting $0.11 minor support after retreating from a quick test of $0.16 resistance. Volume has favored sellers for the past two sessions and has been shrinking for the past six consecutive sessions, this is indicative of an impending breakout or breakdown. Parabolic SAR flips bullish at $0.156, this margin is bullish at the moment. RSI is currently trending up slightly at 64 after bouncing off of 63, just above the uptrend line from December 2021, the next resistance is at $0.162. Stochastic remains bearish and is currently trending down at 32 as it approaches 29 support. MACD remains bullish and is currently trending down at 0.0163, if it falls below 0.015 it would be a bearish crossover. ADX is currently beginning to form a soft peak at 53 as Price is attempting to push higher, this is still bullish at the moment; however, a reversal to the downside in ADX accompanied by Price appreciation would be bearish. If Price is able to defend $0.11 minor support then it will likely retest $0.14 as resistance before attempting to formally test $0.16 resistance . However, if Price breaks down below $0.11 minor support, it will likely test $0.0815 support . Mental Stop Loss: (two consecutive closes below) $0.11.
BITTREX:DOGEUSD
by dailytaguy
DOGE/USDT - LONG ----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. -- ------------------------------------------------------- ⚡️⚡️ #DOGE/USDT ⚡️⚡️ Client: My-Binance Futures Trade Type: Breakout (Long) Leverage: Cross (1X) Entry Targets: 1) 0.13009 - 100.0% Take-Profit Targets: 1) 0.13566 - 14.285% 2) 0.14207 - 14.285% 3) 0.14755 - 14.285% 4) 0.14950 - 14.285% 5) 0.15303 - 14.285% 6) 0.15638 - 14.285% 7) 0.15879 - 14.285% Trailing Configuration: Entry: Percentage (0.5%) Take-Profit: Percentage (0.75%) Stop: Breakeven - Trigger: Percent (6.0%)
Long
by Mahdicryptodotma-pro