Dogecoinusd
MY MINIMALIST CHART ANALYSIS FOR $DOGE$DOGE - DOGECOIN ON A DAILY CHART
5.13.21 0652H +8 PACIFIC
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS (NO INDICATORS)
1st SWING was a success.
2nd Swing is still ongoing.
Let us see what the market does.
STILL ON TARGET
THE MARKET IS STILL EXPANDING
AFTER A CORRECTION at THE 0.618 FIB LEVEL.
THIS IS A POSSIBLE AB=CD PATTERN VERY BULLISH ON THIS.
Please do feel free to comment on my idea.
I would greatly appreciate it so as for me
to learn more. Thank You.
DOGEUSD LONG ✅📈What we see in DOGE is clear today,
As I have seen from days before DOGE had respected perfectly to its supports and resistances which means technically lets us to trust on this coin.
As I have drawn both possible scenarios we can put our orders on both view,
If you more conservative and with patience wait for scenario 2 to be activated if not just jump in trade and lets go with new bull trend,
For any question, as you know always Im here to answer ...
GOODLUCK Everyone ✅👌🏻💪🏻
[13 May] DOGEUSDT Outlook...THINGS TO NOTE!!!Currently, we can see that dogecoin is moving towards an area of BULLISH pressure. Today's candle managed to reject off the 61.8% fib level as we see a BULLISH candle. However, BULLISH pressure as of now does not seem to be making a strong rejection. I am expecting price to break down this level moving towards 78.6% fib level before we see greater BULLISH pressure. Having said that, if you are planning to enter a short position now do reconsider your choice. In fact, traders who entered their short position long ago might look to close their position soon.
Does that mean that a Long position is better in this situation?
Yes but it also depends on the price action. I have identified a price range where I expect BULLISH rejection to take place. This will give a clean rejection off our MA and EMA as well if price is to break down slightly lower. However, we have to adapt to situation if we see BEARISH impulse candles. As of now, dogecoin is heading towards a demand zone.
I will like to let you guys know that YGForex will be working towards providing cryptocurrency signal here for all of you guys. I will update daily and share my thoughts on it. This is provided we have opportunities to enter. Do follow our signal at your own risk. Do also keep in mind that we are not providing any professional financial advice.
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Doge Short Time - Come Join the MurderCome Join the Murder - The White Buffalo
Short Time 0.26- 0.22 - 0.20- 0.16
Short
Main Target = 0.16
Stop-loss=0.43
TP1= 0.35
TP2= 0.34
TP3=0.30
TP4=0.26
TP5=0.22
TP6=0.20
TP7=0.16
After the Big Short,
We'll go into Big Long.
Long = 0.16
Long Stop-loss= 0.13
It is not an Investment Advice. We will play big. We can do big loss in, big profit. Share your risk.
$DOGE - $1 IN 2 WEEKS Hear me out, here are the main reasons $DOGE will rise to $1 within 2 weeks
1. Same scenario repeats : After the Doge Day (4/20), Doge corrected to 61.8 and went back up, today it has also reached 61.8
2. Elon Musk announces that Doge will be used to finance the Doge-1 mission next year, and, it may be accepted as a form of payment for tesla
3. More and more brands are accepting doge coin
4. Wales have been buying heavily the last two days (billions of dollars of doge coins)
5. After the previous correction, doge made a rise to the 161.8 of Fibonaci, we can deduct that it will do the same, the 161.8 of this correction lands on the $1
Dogecoin - The unexpected CorrectionThis is the kind of correction that is unexpected by most of people but it is possible due to hard selling pressure caused by news. Anyway the price manage to breakout to 0.5 and build up at 0.49 then fall to 0.36 in support zone. If this is the last fall the price can bounce back up and resume uptrend.
DOGE looks to go up. :)Hello everyone, I am coming with an idea on DOGEUSDT pair (1h time frame) for the 1st time. I will be focusing more on the TA rather than anything else. People have their own opinions about DOGE but for me it has 2 possible scenarios. In my opinion, profits are made and still you can make some more.
First Scenario- Most likely to happen, Tripple bottom, I like what I see also in the RSI and many other indicators that DOGE tested support 3 times and did not break under that area. It looks as it is gaining strength in volume, so I expect an up move very soon. The breakout price for me is at least around 0.52-0.53$, 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. :)
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 .
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
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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