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Dogecoinbtc

Dogecoin price undergoes the 'perfect' pump-and-dump storm Elon Musk puts Dogecoin in the spotlight with his literal tweet. DOGE pumped to closed to $0.07 but immediately corrected to $0.057. Dogecoin must hold above $0.06 to avert potential losses back to $0.05. Dogecoin has become a household name in the cryptocurrency industry, with its social volume surpassing that of Bitcoin on several occasions. The 'Meme Coin' spent the entire March battling a descending trend line resistance. On the downside, primary support had been established at $0.05. Meanwhile, it is no doubt that Elon Musk, the founder of the largest electric vehicle manufacturer, Tesla, is Dogecoin's biggest fan. On April 1, Elon Musk sent a tweet that said, "SpaceX is going to put a literal Dogecoin on the literal moon." Note that Musk is also the founder of SpaceX, one of the world's largest private space exploration companies. Dogecoin price reacted immediately, going ballistic above a descending triangle pattern. Despite the pattern having a bearish bias, DOGE shot significantly higher, breaking past several hurdles, including $0.06 and $0.065. The 26.6% triangle breakout target was not only achieved but also outperformed with Dogecoin extending the bullish leg close to $0.07. However, social sentiment started to shift as the tweet's impact simmered down. DOGE corrected below the tentative support at $0.065 and $0.06. Short-term support appears to have been embraced at $0.057, with Dogecoin remaining pivotal at $0.06. If the immediate anchor fails to hold, overhead pressure may soar as more selling orders are triggered. Dogecoin may seek refuge at the 100 Simple Moving Average (SMA) on the four-hour chart and highlighted at $0.055. Other support levels to keep in mind include the 200 SMA at $0.054 and the significant buyer congestion at $0.05. Dogecoin intraday levels Spot rate: $0.06 Trend: Bearish Volatility: Low Support: $0.057, $0.055 and $0.05 Resistance: $0.065 and $0.07
BITTREX:DOGEUSDShort
by CoinGape
DOGE primed for a massive 100% move to new record highs Dogecoin bounces off from the support at $0.04, setting the ground for gains above $0.11. DOGE is looking forward to a triangle breakout targeting a more than 100% move. The upswing may fail to materialize if the immediate 50 SMA support is broken. Dogecoin is teetering at $0.05 after recovering from the dip that occurred across the market earlier in the week. Before the broad-based declines, the ‘Meme Coin’ had been losing ground below a descending trendline. The support at $0.045 played a vital in stopping the declines, allowing bulls to focus on higher levels. A breakout from a descending triangle is expected to elevate Dogecoin to new all-time highs. At the time of writing, DOGE is dancing between the 50 Simple Moving Average (SMA) on the 4-hour chart and the 100 SMA. It has already broken out of the triangle pattern. The 100 SMA currently limits its upside. Note that triangles are known to have exact breakout targets measured from the patterns highest to the lowest points. While descending triangles are generally bearish, they can also result in bullish price actions. As for Dogecoin, trading above the 100 SMA will live open-air for exploration. It is worth keeping in mind that some hurdles are expected at $0.07, $0.09, and $0.1. However, if a breakout materializes, DOGE will rise to a new record high of around $0.11. On the other hand, it is worth keeping in mind Dogecoin is resting on a robust support area reinforced by the triangle’s hypotenuse and the 50 SMA. Holding above this region is critical to sustaining the uptrend. However, declines back to $0.045 may come into the picture, and investors could also panic-sell, adding to the bearish pressure.
BINANCE:DOGEUSDLong
by CoinGape
2
DOGECOIN AND BITCOIN | Could dogecoin go up ?Hi Guys ! On the technical side, we have a pattern which is showing some loss of momentum on the 4H timeframe so we can anticipate a continuation to the upside. Based on that keep your eyes on 15 - 1h timeframe for your buy setups before entering the market without having this setups don't get in. Don't chase the running candles. There is the move with +150% to be made (if this dogecoin chart follows the script) and the trade has a nice protentional reward. Any strong break to the downside will invalidate the setup. Day trading dogecoin can give a nice profit. We have a dogecoin discussion yesterday on a live stream. If you want watch the recordings. The Risk: As trader, it is your job to mitigate the risk and only trade structures that provide high probability and great reward to risk ratios. For analysing the chart and predicting the upcoming wave I use upgraded version of Wave Analysis. This strategy is easy to understand and it is totally without fundamentals ( It doesn't matter if Elon Musk buy dogecoin or if Elon Musk tweets about dogecoin) . However if you don't over risk and follow the plan than there is noting to lose in this crypto trading. Trade with care !
Long
by kristijanslatinsek
20
DOGEBTC still supported. Will it go higher or not?Hi everyone, this is another update on dogebtc. As per chart we can see that for time of writing we have a nice reaction from fib 50%, but i would like to point out that after almost 1000% gain, we may see a 61.8% retracment on doge before any futher upside. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
Long
by Coder775
DOGE - Buy a break setup.Dogecoin - Intraday - We look to Buy a break of 0.0876 (stop at 0.0839) Daily signals are bullish. Pivot resistance is at 0.0875. A break of bespoke resistance at 0.0875, and the move higher is already underway. Trading close to the psychological 0.10 level. We look for gains to be extended today. Short term indicators have turned positive. Our profit targets will be 0.0989 and 0.1122 Resistance: 0.0835 / 0.0875 / 0.1000 Support: 0.0800 / 0.0760 / 0.0700
Long
by Signal_Centre1
4 hour renkos doge to the moon. I would like to point out some key trends I've notice over dogecoin recently. First of I trade on kraken. It was very wild to see that doge has moved up so fast. I've been messing with doge since It was viable to me for two things. Consistent market making profits, and a low transaction cost way of moving currency between exchanges. XLM still works well for the lower transaction cost. Than I turn back Into what I'm really Interested In. But Kraken was moving up perfectly to break the high from the recent pump, and dump. But It ended the following rally at the exact same point of .088. Wow scary but the market recorrected ~25 percent In the next four hours. But after Doge was still In a parabolic state. In my opinion It overstayed It's welcome. Since than On kraken I'm currently looking at a beautiful four hour chart. After pushing towards a new local low at .0617330 on kraken We've seen higher lows, and higher highs. It's Important to not these are extreme velocity movements. 15 minute candles going down 10 points from .08 to .07. Yet over the past four hour periods things have changed as the velocity has dropped continuously. So what does this tell us? Well Doge Is taking In all of that recoil posing Itself for extreme movements In one direction. It's looking primed for breaking new high highs after coming down to earth to balance the technical side. This could be a beautiful rally. But this does not constitute any investment advice. Simply pointing out what I see. Let's dip Into the chart I posted on renkos of doge. Renkos are great for analyzing overall direction of markets. This Is because they are very difficult to make. Put simply whatever chart your'e using they take that integar x 14 periods default. Now If you the Average True Range over that period It has to break a certain point to make a block. Or to move down break blow a point. As you go down with Renkos In charts from say this you will see a lot more Insight Into where doge Is, and has been heeaded. Notice the four hour renkos starting to form for doge. Than pull back. Note these higher level renkos for doge are a much less frequent occurrence. So I'm keeping my eye on the market for that next step up to hopefully breakthrough 10 cents and push up hopefully to the 15 cents range. Although technically speaking the fundamentals are what's bringing our Analysis of past data out of proportion. 12 or 12.5 Is more realistic from just a technical perspective alone. It's very Important doge was able to match the pump and dump on It's own. Now I'm watching for the velocity to move one way or another. When we do push up and make our next new high high the market Is Ready for that. Compared to when we were going parabolic recently. Yolo! I'm getting started on trading view. I very much appreciate any feedback, follows, likes, and comments. I'm working to continuously prove. I truly appreciate the support I've received so far
BITTREX:DOGEUSDLong
by Cryptohustler247
4
DOGECOIN : BUY BEFORE NEXT PUMP (POSSIBLE DIP)Hello everyone! The last idea I posted was much appreciated (+15 likes), I have to say that I did miss TradingView Community! :D The Dogecoin is gaining more and more attraction and exposure from a lot of different ways ! (Billboards, Celebrities, News articles, Social Networks etc..) As people get excited, the more they buy, the higher Dogecoin market price will be! Following Technical and Fundamental, the Dogecoin will bounce from the support line and the resistance line in the next days (maybe a week or earlier) before breaching it again and pushing it upper again! To the moon!
BINANCE:DOGEUSDLong
by Alexandre_Trading
6