Dogecoin's Road to a Dollar!Looking at this 4hr chart it looks like Dogecoin is finding it's way through the woods!
My whiskers are telling me some big moves are coming in general for the cryptosphere.
Doge looks poised to move up to the top of the channel.
I'm howling for the moon for Doge!
Owhooooo!
Dogecoindollar
Downward Doge pt 10Here we can see the same trendline that's been reliable support since January maintaining its strength. As the price closes into the end of the wedge pattern we'll see it break either up or down. Given how strong this support has been I'm guessing it will hold and we'll see a significant bounce here in the States starting Sunday evening when the European market wakes up on Monday. We're seeing new adoption of $doge trickling in. It's only a matter of time before a popular retailer with a broad, international following makes a headling that it's accepting crypto.
$doge is the big media favorite right now. It's affordable and there's a lot of hype around it. For anyone who wants to see what kind of money they can make I would say to buy in over the weekend provided the price action doesn't break through this support.
💡Don't miss the great buy opportunity in DOGEUSD@Dogecoin". There is a possibility of temporary retracement to suggested support line (0.045185).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 0.0606050
TP2= @ 0.069400
TP3= @ 0.075670
TP4= @ 0.087275
TP5= @ 0.104000
SL= Break below S2
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💡Don't miss the great buy opportunity in DOGEUSD@Dogecoin". There is a possibility of temporary retracement to suggested support line (0.045185).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 0.0606050
TP2= @ 0.069400
TP3= @ 0.075670
TP4= @ 0.087275
TP5= @ 0.104000
SL= Break below S2
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. . . . . Please show your support back,
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#DOGEUSDT #DOGECOIN #1HHi guys..its the latest analyze chart of #DOGEUSDT in 1H timeframe(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Downward Doge pt 7Whether or not $doge heads into the abyss from here is still anyone's guess, but I've noticed a gradual downward trend line. This one was revealed by the flash dips that have happened in the past few recent intervals and may become significant. If the dominant upward trend (marked light blue here to provide emphasis on the subject of the downward trend line) is broken in the next couple of hours or days, I believe it will follow this line. As time passes, I don't believe the lower line will be broken, however. The light blue trendline here, expressed in green and dark blue in prior posts, will likely hold.
Head and Shoulder Pattern is verifyingHead and Shoulder Pattern is verifying in Dog / USD chart. Be Careful and notice to volume trades.
DOGE either falls or rises in the coming hoursDOGE/USDT formed a flag and it is in a downtrend with no indicators of an uptrend.
after the flag is complete it probably either;
goes back up to 0.07
OR
goes back down to 0.03
--------------------------------
Elon mentioned that for DOGE to become more decentralized, the big shareholders such as that one wallet which has exactly 25% of all the DOGE supply should short their DOGE at some point. If this happened DOGE would loose its value in the short term because a huge amount of whales would go short BUT in the long run this would only be beneficial for DOGE and its price becoming more stable.
I have absolutely no idea where DOGE is headed next but after seeing that this social media hype and even Elon tweets are loosing their power on pumping DOGE, I can only hope the best for it.
--------------------------------
Remember this coin is an actual joke and has no utility at all.
In the case of a bear run, doge would be one of the first to drop down to where it came back from.
-not a trading advice-
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 !
With measurable risks, it is expected to get a proper profitseeing the trade of this trendline line with the combination of the SnD area for DOGE, now there is an opportunity to Buy.
Technically, Doge has not shown any indication for Bullish, the initial indication of a bull is when the price can break the red line, where the red line is the trendline as resistance
There's quite a bit of speculation here, but it also offers a reward that fits more than 3x the risk
With measurable risks, it is expected to get a proper and appropriate profit
can doge rise again?can doge rise again?
If you look at the scribble of this chart, you can see that the price has broken the blue trendline, this is the 1st alarm that the Doge might start to go bearish.
If you take the initiative to increase your coins, I recommend looking at the 0.04 - 0.02 price range
DOGE 6h Impressive prospects if all goes wellAnd we continue our review of crazy DOGE
It seems that it is in someone's plans to sell DOGEUSDT very, very expensive.
If we look at the chart, we will see that the buyers did not even let the DOGEUSD price go down to the lower border of the consolidation triangle.
The upper border of the triangle is at the level of $0.055
The liquidity zone on top is $0.060-$0.070, which will be difficult to break through without next Musk's tweet.
It's scary to write the global goal DOGEUSD :) it's better to denote everything with arrows on the chart.
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💡Don't miss the great buy opportunity in DOGEUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.035).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DOGEUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.060
TP2= @ 0.072
TP3= @ 0.087
TP4= @ 0.100
TP5= @ 0.133
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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Now, It's your turn !
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My Doge DreamDogecoin could be in the process of printing a very large Cup and Handle.
If this plays out then the target would be above .10.
The harmonic that you can see in my previous posts about Doge would result in a similar outcome.
My whiskers are telling me that this coin has some momentum.
Are you howling for Doge?
Owhooooo!
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.
Dogecoin Looking Tasty!I've been hiding in the bushes and watching Dogecoin.
It could continue to limp along and consolidate, but it may be breaking out and looking for continued upside. I don't think the current momentum will allow a big move to the downside. For me, if we touch the ascending trendline that would be healthy and I would look to bounce up from there.
The dashed trend lines on this 1hr chart show another way to potentially draw the triangle.
What do you think about Dogecoin?
Owhooooo!
Dogecoin has completed another bullish reversal setupHey friends, hope you are well, and welcome to the new update on Dogecoin.
3 major rallies:
In the recent past, the priceline of DOGE has 3 significant rallies. If we dig these rallies deeper then there are few common moves that can be found.
The 1st rally was in Nov 2020, when the price action moved 80% up and then retraced between 0.618 to 0.786 Fibonacci level, re-tested the EMA 10 and 21, and then started the next rally.
The 2nd rally was from Dec to Jan, when the price action rallied 280% and then retraced between 0.618 to 0.786 Fibonacci level, re-tested the EMA 10 and 21, and then started the next rally.
Now recently we have witnessed the 3rd bullish move that is more than 1100%. This time again after the rally the price action of Dogecoin retraced between 0.618 to 0.786 Fibonacci level. So far the price action of DOGE did not re-test the exponential moving averages 10 and 21. But the EMAs 10 and 21 are again very close to the price action.
A bullish harmonic Gartley move:
While the price action has again been retraced between 0.618 to 0.786 Fib level, it has formed a bullish reversal harmonic Gartley pattern on the 4-hour chart and entered in the potential reversal zone. There is a complete opened alligator’s mouth formation of simple moving averages with the time period of 25, 50, 100, and 200 below the buying zone as strong support.
Conclusion:
Realistically as per the Fibonacci sequence of Gartley the price action has reached between 0.382 to 0.786 Fibonacci projection of A to D leg, but If the price action of Dogecoin will repeat the recent history then it can set a new high than the recent high.
DOGE 4h Dogecoin Pump finished ?DOGEusdt chart for those who like to play with highly volatile assets.
Lower support levels are 0.025$ and 0.017$
The active sales are around the area of 0.06$
We described in more detail what happened to the Dogecoin in our previous idea.
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