DOGE looks to go up. :)Hello everyone, I am coming with an idea on DOGEUSDT pair (1h time frame) for the 1st time. I will be focusing more on the TA rather than anything else. People have their own opinions about DOGE but for me it has 2 possible scenarios. In my opinion, profits are made and still you can make some more.
First Scenario- Most likely to happen, Tripple bottom, I like what I see also in the RSI and many other indicators that DOGE tested support 3 times and did not break under that area. It looks as it is gaining strength in volume, so I expect an up move very soon. The breakout price for me is at least around 0.52-0.53$, and first TP is 0.58$ and then testing the other resistances. But in general it needs to break the line (R in the chart) and stay up there to call it a breakout for a trend reversal.
Second Scenario- There might be a scenario in which the price might circulate between the 0.45$ to 0.50$ for a while or even break the support line and soon after that trying to go up again after breaking down. It depends on the whole market and the news that might come. But if you want to have a SL, under 0.40$ will be a good place to put the SL. Trade with patience and be careful. This is my idea and I am not financial advisor. I see it quite bullish for the moment and it may gain huge momentum in a few days. Still be careful, trade with caution. If you have any comment, you are welcome. :)
Dogecoinusd
1 TWEET FROM ELON DOGE ACCEPT FOR TESLA - AND DOGE WILL BREAKOUTHello trading friends,
1 TWEET FROM ELON DOGE ACCEPT FOR TESLA - AND DOGE WILL BREAKOUT.
Depending on him last tweet on twitter - it seems he will accept doge for tesla.. we will see the confirm soon.
know that elon musk is well known and has a social responsibility, and personally i think he dont make a joke with doge, and will increase it to the moon with time.
Trade safe with spot.
Follow/like thank you
DOGE 12h Come to Papa my puppy /I.Musk/April turned out to be very active for DOGECOIN investors
Large investors in DOGE had a great desire to sell it at a high price, we think this is the motivation that helped raise the value of DOGEUSDT by +760% in half a month.
And then, those who did not want to take profits or those who bought on highs in anticipation of $1 for DOGE, a -65% correction awaited.
As the history of DOGEUSD price behavior shows, after such rapid growth, the phase of consolidation and position accumulation begins.
Those who did not trade DOGE on margin, but only on the spot and had strong nerves, could sit out such a strong drawdown of the deposit. Our nerves are too weak for this), so we always trade with stops.
Now the market can give a chance to sell DOGEUSDT in the $0.330-0.360 zone. Since further the instrument may fall and get stuck in the consolidation.
There are two ways out of consolidation:
1) a break above $0.36 to the coveted $0.80-1.00
2) below $0.20, the path to $0.060 may open, as horizontal volumes show, large poses were recruited before the pump approximately below $0.060.
How to trade in the cryptocurrency market, especially such high-volatility instruments, is, of course, an individual matter.
But it is worth remembering that the only thing that we can control in the market is the risks that we are ready to accept for deposit .
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DOGE - Buy a break setup.DOGEUSDT - Intraday - We look to Buy a break of 0.702 (stop at 0.669)
Daily signals are bullish.
Price action has formed a bullish ascending triangle formation.
A break of bespoke resistance at 0.700, and the move higher is already underway.
Trading volume is increasing.
Our profit targets will be 0.796 and 0.846
Resistance: 0.660 / 0.700 / 0.750
Support: 0.600 / 0.570 / 0.520
Dogecoin- 0.7 Next?It has made a breakout but it could be a false breakout. If the price break above 0.7 then see you guys at the moon.
DOGE to 1.00 USDDOGE is currently at an entry point and will work slowly to 1.00 USD on or around May 18, 2021.
I've been working this chart for a couple of months now adding various intermediate activity lines. I don't particularly like "trend lines" that depend on touches at highs or lows when looking at crypto. It's too volatile and the number of highs and lows are just too minimal to be trusted. Instead, I look for the bloody battlegrounds between the bears and bulls and look for the lines they fight over. When viewing in LOG scale, lines with 10 or 20 confirmations are found after some trial and error.
The initial activity line begins at a low found at 9.18.2014 (dark blue) and crosses through multiple low areas of support and resistance. An upper channel line is drawn parallel (dashed dark blue), again seeking multiple areas of support and resistance through the highs.
Accelerated activity lines deviate from the initial activity line at 11.14.20 (violet dashed) with both upper and lower intersecting at the lower initial activity on the dated given. Both lines are significant. Another pair of accelerated activity lines deviate from the lower 11.14 line on 4.1.21 (light blue dashed) with multiple confirmations of support and resistance and are significant.
An All Time High formed on 5.4.2021 at the intersection of the upper 4.1 line (light blue) and the upper 11.14 line (violet) and then was turned back briefly. Prices pushed even higher above the previous ATH but was not supported by the ATH. The MACD crossed below the signal line just after this point with the RSI dropping below 50. Both plotted on the 4 hour chart signaling the downturn well before Elon Musk took the SNL stage.
A deceleration line deviating below the lower 4.1 line on 4.22.2021 connects (4) lows into the current trading area. That is not a real solid confirmation. However, the 4.16.2021 ATH likely provided support at the low on 5.9.2021 and intersects the 4.22 line at that point.
I expect that DOGE will return to the 5.4 ATH and be resisted at that point. The price will be bound on the low side by the 4.22 deceleration line. An ascending triangle will form between these lines until breaking above the 5.4 ATH line with support on 5.16.2021. From that point or just before prices will accelerate toward 1.00 USD until 5.18.2021. Heavy profit taking at that point will chase the price down heavily.
Dogecoin- Yellow path or Red path?2 different possible approaches here. Wait for clear breakout. Goodluck.
WHY DO DOGE LIVESTREAMS ON YOUTUBE NOT DO T.A. Liars...From what I have been seeing there are a bunch of Youtubers that absolutely do not do any sort of Chart Analysis. These guys are pushing DOGE and refuse to accept any outside information. CUP and HANDLE inbound and none of these streamers have a clue. Make sure to check out tradingview charts to make sure people who actually trade can give anaylsis rather than these FRAUDS.
1 hour chart on 1 week timeframe shows hard cup and handle with massive movement IMO.
#YOUTUBETAFAIL
DOGE CUP AND HANDLE?This chart covers the perspective of long term trading including the SNL SPIKE & FALL. From what I am seeing here there is a massive cup and handle forming at this point in time with the Bullish handle forming on the 15 minute plus candles. I personally believe we are about to get BULLISH AF moving forward.
As I am sure you are aware "Barry Silbert" has begun shorting Doge starting the day of SNL DOGE. This caused a massive downtrend in DOGE and I DO NOT DOUBT HE BOUGHT BACK IN AT A LOWER COST FOR CONTROL. From here moving forward traders of DOGE need to work together without coordinated events to avoid short attacks. SHORTS ATTACK EVENTS.......
What are your thoughts on what we are seeing here? Is this a bullish cup and handle or am I up in the night?
Dogecoin Prevision up to 05_25_2021 (0.8$ to 1$)this analysis was made in comparison with the previous data and it is a form of realistic projection of the price of the doge coin which will go between $ 0.8 and $ 1 between May 12 or 13, 2021 until May 25, 2021.
$DOGE - BULLISH MOMENTUM FORMING (LIKE)- As you can see on the MACD, price made a higher low which indicates bullish momentum
- Elon Musk announced that the doge-1 mission will entirely be financed with doge coin so people are buying
- Price just hit a solid support and trend line
All these clues let us know that the price will go up on the short
[LONG] SAVE THE DOGEBuy the rumour, sell the news. DOGE is a meme and I don't think it would be good for crypto ecosystem if ever it flipped BNB or ETH. However, there is a feel of despair after this 40% drop and i think it's a nice zone for a rebound.
I'd stay cautious since the funding is heavily positive ( around 0.1%).
doge updateaccording to my idea doge pass its 4th wave and ready to start rising soon . due to ellon space x is accepting doge coin for an payment andall of its cost for space x is payed by doge coin its good news for doge to start to run up . this falling is for selling whales for start new run to 1 $ but it a bit slowly wil happen this time
my idea is this corection is completed now and wil start to run up soon than you think