Dogecoinbtc
Doge Bullish!There's not much data to predict where this coin is going but, for the last few days the price action has respected a trend line and resisted a major zone of supply. The price continuation has two scenarios depending if it can break through the resistance zone but in both cases price is bullish!
Trade safely, this is my own bias on the market.
DOGE COIN MOON OR DOOM PART 2Dogecoin has definitely been the hype coin of the week reaching a new ATH in a very short period of time - largely due to all the hype spread form WSB and Reddit.
Currently, Dogecoin has broken out of a pennant it has been in since the newly found all-time high - while finding support on the new up trend line although briefly breaking below yesterday.
If doge can break above a strong resistance level of $0.040 we could potentially see a run-up close to the newly set ATH - bear case: if doge fails we could see it retest the $0.030 - 0.020 range.
Always be safe when trading hype coins as market directions can change rapidly - let me know what you all think doge will do over the next few days!
''Buy Big Sell BIGGER'' - MegaWhale
Dogecoin ready for next rallyHey friends, hope you are well, and welcome to the new update on Dogecoin.
Small Gartley move:
Previously we have seen that the Dogecoin formed a Gartley pattern on a 4-hour chart. There was a complete opened alligator’s mouth below the buying zone like we had the smallest time period simple moving average 25 above all and the biggest time period SMA 200 below all and the priceline surged more than 102%.
New Gartley moves.
Now the priceline of Doge has formed another bullish reversal Gartley move. This time this pattern is bigger than the previous one because it has been formed on the daily time period chart. This time again there is a complete opened alligator’s mouth below the potential reversal zone because again we have the smallest time period simple moving average 25 above all and the biggest time period simple moving average 200 below all.
The priceline of Dogecoin has also formed another Gartley on the same daily chart with Bitcoin pair as below:
Conclusion:
As the priceline of Doge produced more than 102% when it formed a small Gartley pattern then it can be possible that Dogecoin will rally more than the previous rally because this time the harmonic move has been formed on the daily time period chart.
Will we break above or below?Current trend lines are holding but soon will have to make a decision within a few hours.
Break above $0.043 and we're going higher.
We can consolidate out of the support line, and the we may break out tomorrow.
Support levels:
$0.0372
$0.0361
$0.035
Center white line of Bollinger band and the Blue and Orange moving averages are also acting as support.
DOGE MACD about to cross on 4H chart and DOGE/BTC has an ascending triangle pattern.
Not Financial Advice. Please invest only what you can afford to lose. Limit Risk using stop losses below support levels
DOGE Triangle Pattern - Long @ 126 SatsTriangle Consolidation pattern on DOGE/BTC.
Resistance at 0.00000125 BTC
Support at 0.00000107 BTC
Price Target remains 0.00000214
Coincides with my DOGE/USD price prediction.
Not Financial Advice. Please invest only what you can afford to lose. Limit Risk using stop losses below support levels
Cup & Handle - DOGEClear cup & handle on 30 minute time frame.
Chart and Fib levels are in Log Scale.
Could possibly be the last buy zone before it skyrockets.
Support levels :
$0.03612
$0.035
Price target $0.07
Not Financial Advice. Please invest only what you can afford to lose. Limit Risk using stop losses below support levels
DOGE - $0.07 Target - Plus Fib PredictionsThere are 3 separate Wave 1 & 2's
Chart and Fib extensions are in Log Scale.
Intermediate (White) Wave 3 Targets are:
- 3.618 = $0.12
- 2.618 = $0.09 - $0.10
- 1.618 = $0.07
Minor (Yellow) Wave 3 Targets are:
- 3.618 = $0.14
- 2.618 = $0.09
- 1.618 = $0.057
Now because the intermediate 1.618 is greater than this price, I'm looking for 2.618 and 3.618 .
Primary (Light Red) Wave 3 Targets are :
- 3.618 = $0.31
- 2.618 = $0.232
- 1.618 = $0.15
Added a price channel which should act as support and resistance.
Validated by multiple touches.
Keep in mind that a large rally can break through the channel.
Fib predictions aren't scaled to time, they are scaled to price. So it may happen a lot faster and the X axis may be more to the left.
Support at $0.035
Not Financial Advice. Please invest only what you can afford to lose. Limit Risk using stop losses below support levels
ORAL PILL VACCINE !!! COVID 19-01/28/2021--------- BULL FLAG ON DAILY
01-29-2021-------BULL FLAG ON HOURLY
FEBRUARY 3RD PRESENTATION ON CONFERENCE WITH DR. FAUCI AND OTHER LEGENDS
ORAL VACCINE ------ COVID 19 PILL VACCINE ----- NOROVIRUS ----- FLU---- JNJ COLLABORATION----
NEXT WEEK IF FOLLOWED THE TREND AND NEWS are POSITIVE --- $16 IS EASY !!!
IF FALL DOWN --- WILL GO TO $10.45 AND STAY THERE TILL ANOTHER DIRECTION!
POSSIBLE SHORT SQUEEZE IF IT HITS $16, 33.97 MILLION SHORT AVAILABLE.. ONE OF THE MOST SHORTED TICKER IN 2020.
DOGE - Buy a break setup.Dogecoin - Intraday - We look to Buy a break of 0.01075 (stop at 0.00991)
Daily signals are bullish.
Price action has formed a bullish ascending triangle formation.
The RSI is trending higher.
We look for gains to be extended today.
20 4-hour EMA is at 0.00986.
Our profit targets will be 0.01305 and 0.01398
Resistance: 0.01100 / 0.01200 / 0.01300
Support: 0.01000 / 0.00930 / 0.00900
TESTING THE RESISTANCEAfter a few days of moving sideways it seems Dogecoin is now picking up a little bit of momentum. As listed within the graph it broke through resistance 1 and headed straight for resistance 2 which then followed by resistance 3. If it breaks above resistance 3, we are headed for our final resistance!
Hopefully we break through and create a new high 🚀
I will continue to keep an eye on Doge and post more analysis. If my analysis have helped you, please leave a like! Fill free to comment any ideas or questions and I will get back to them as soon as possible.
Dogecoin (Can hold monthly support ?)DOGE / BTC
The last Bullish move was Impressive
Dogecoin jumped from previous low at 15 sat to 40 sat (more than 150% gains)
Now looking at Monthly chart :
Its Important for bulls hold above Monthly key support level (23-27 SATs) to remain in Bullish momentum
If bulls successed to hold that support there will be a chance to break strong trendline resistance that i draw in my chart.. after that we will enter moon phase with the targets according to fibonacci (grey color )
🚨 Invalidation : if Monthly support broken by weekly or monthly candel closing below, it can drop making new low
If you like my ideas
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Good luck 🤞