Doge Pump Not Done Yet?Here on the 1 hr chart you see we've been on a nice run since the morning of July 20th leading up to The B Word talk.
Looking at the Fib Retracement we see that we touched the Golden line of .618 (.186 price) as well as hit the middle band in the Bollinger Bands, this is typically a strong indication of another Bullish trend. I wouldn't be surprised if we even fell back too .786 line (.178 price) then begin our next Uptrend.
If we do fall too .168 price we may see a Bearish reversal & consolidate around that price moving into Thursday July 22nd.
Still need to monitor BTC moving forward.
Dogecoinanalysis
DOGECOIN USDDoge has hit a Strong Support Area of 16c.
Backdating data from Previous High of 44c, we notice bearish movement - resistance.
Pattern : Symmetrical Triangle
Current Price : 18c
Future Targets : 24c | 30c | 37c | TP: 44C
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Thank you for the support.
Doge Possible Bullish Divergence Regular Bullish Divergence formed on the daily timeframe indicating a possible trend reversal, However personally I think due to low volume and the strong selling pressure as well as bitcoin, an upwards movement from here is unlikely.
Maybe by a huge sell off and a spike in volume we see price going up.
DOGEUSD 4h LONG/BULLISH - BOTTOM REACHED!DOGEUSD 4h LONG/BULLISH - BOTTOM REACHED! - I personally just entered a LONG position on DOGEUSDT after a long time only shorting, I believe that there is a strong possibility that we just changed trends on the 4 hourly TF, on the daily we are ranging, we weree in a downtrend on the Daily and 4 hourly TF with our Fibonacci Extension target being hit on BOTH right now and i see strong support which gives me the idea that we changed trends. If this is true I will be updating our targets! THIS IS AN IDEA, DO YOUR OWN RESEARCH BEFORE ENTERING TRADES!
💥DOGE IN A CRITICAL ZONE - WHAT NEXT?🤔Please support this idea with a LIKE👍 if you find it useful🥳
Dogecoin currently trading at $0.173 is in a very critical/tight zone indifferent of whether to breakout upward or downward.
An upward breakout from the triangle would pump doge to $0.27, $0.43 and $0.50.
But a downward breakout would dip doge below the current price.
What do you think?
Share your opinion in the comment section✍️
Happy Trading💰🥳🤗
DOGE Sell a triangle break.DOGEUSD - Intraday - We look to Sell a break of 0.2248 (stop at 0.2333)
Trades with a bearish descending triangle formation.
The bias is to break to the downside.
A bullish reverse Head and Shoulders has formed.
The previous swing low is located at 0.2260.
A break of 0.2250 is needed to confirm follow through negative momentum.
Daily pivot is at 0.2260.
Price action is forming a bearish flag which has a bias to break to the downside.
Our profit targets will be 0.2001 and 0.1948
Resistance: 0.2400 / 0.2530 / 0.2600
Support: 0.2300 / 0.2150 / 0.2000