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Dogecoinusd

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
💡Don't miss the great buy opportunity in DOGEUSD Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (607000). . 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 above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. Take Profits: TP1= @ 747000 TP2= @ 840000 TP3= @ 937000 TP4= @ 1040000 TP5= @ 1160000 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! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2
💡Don't miss the great buy opportunity in DOGEUSD Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (607000). . 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 above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 63. Take Profits: TP1= @ 747000 TP2= @ 840000 TP3= @ 937000 TP4= @ 1040000 TP5= @ 1160000 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! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
26
Is this a Triple Bottom and a False Breakout?With Elon Musk yesterday´s announcement that bitcoin will be accepted to buy Tesla cars, the Dogecoin has risen together with bitcoin. But it´s not holding the new levels it has reach. The Dogecoin is now down -2.95% vs the down -4.33% from our last report, considering the last 24h. And it is down -8.42 vs … Keep reading on: Dogecoin Analysis – Is this a Triple Bottom and a False Breakout? @DogecoinSky #Blockchain, #Cryptocurrency, #CryptocurrencyExchange, #Doge, #Dogecoin, #DogecoinNews, #Dogecoinsky, #Dojo4Doge, #ElonMusk, #News Areas: #DogecoinSkyAnalysis
POLONIEX:DOGEUSD
by dogecoinsky
Dogecoin (DOGE) Trading Setup & MomentumWhat Is Dogecoin? Introduction: Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin. Latest news: Spacex and Tesla CEO Elon Musk has once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the dog breed featured as the face of dogecoin. Meanwhile, the coin’s adoption is growing, advocated by celebrities like Mark Cuban. Dogecoin adoption has been boosted by Musk’s various tweets and support by celebrities, such as Shark Tank star Mark Cuban. Bitpay recently added DOGE to its list of supported cryptocurrencies and a growing number of crypto ATMs now support dogecoin. Cuban’s NBA team, the Dallas Mavericks, has been accepting dogecoin for tickets and merchandise through Bitpay. On March 6, he tweeted: The Dallas Mavericks have done more than 20,000 dogecoin in transactions, making us the largest dogecoin merchant in the world. “We thank all of you and can only say that if we sell another 6,556,000,000 dogecoin worth of Mavs merch, dogecoin will definitely hit $1,” he added. At the time of writing, the price of DOGE is below $0.06. Reasons of trade: Well as you can see I do like trading old-school coins since I've been raised with them since 2012. And for sure DOGE is one of my favs, and the first one to get a mining rig on. I only wish I've kept all mined coins back then. Current closed trades (with success!): Chiliz Digibyte BAT SC SC #2 StormX For details comment at any time! Don't forget to follow and like if you find this helpful!
Long
by Chartomatic
The $0.06 was a strong resistance and how long does it go?After the dogecoin has respected a resistance level at around $0.06 cents, over and over again, the cryptocurrency is now drawing a movement that seems to be going down. The cryptocurrency is now down -4.33% vs the down -2.40% from our last report, considering the last 24h. And it is down -2.79 versus up +0.13% … Keep reading on: Dogecoin Analysis – The $0.06 was a strong resistance and how long does it go? @dogecoinsky #Blockchain, #Cryptocurrency, #CryptocurrencyExchange, #Doge, #Dogecoin, #DogecoinNews, #Dogecoinsky, #Dojo4Doge, #ElonMusk, #News Areas: #DogecoinSkyAnalysis
POLONIEX:DOGEUSD
by dogecoinsky
Dogecoin still in an uptrend line.After the dogecoin has respected a resistance level at around $0.06 cents, and held on the next support level is at $0.053, the cryptocurrency is no drawing some movement to return its movement going up. The cryptocurrency is now down -2.40% vs the up +1.93% from yesterday, considering the last 24h. And it is up … Keep reading on: Dogecoin Analysis – Dogecoin still in an uptrend line. @DogecoinSky #Blockchain, #Cryptocurrency, #CryptocurrencyExchange, #Doge, #Dogecoin, #DogecoinNews, #Dogecoinsky, #Dojo4Doge, #ElonMusk, #News
POLONIEX:DOGEUSD
by dogecoinsky
Dogecoin Analysis – The $0.06 resistance level is very importantThe dogecoin has respected a resistance level at around $0.06 cents and the next support level is at $0.053. Right now, the price is at the top of this channel and has the chance to break the $0.06 cents level and pursue the next resistance at $0.063 and then $0.065. The cryptocurrency is now up … Keep reading on: Dogecoin Analysis – The $0.06 resistance level is very important for Doge. @DogecoinSky #Blockchain, #Cryptocurrency, #CryptocurrencyExchange, #Doge, #Dogecoin, #DogecoinNews, #Dogecoinsky, #Dojo4Doge, #ElonMusk, #News Areas: #DogecoinSkyAnalysis
POLONIEX:DOGEUSD
by dogecoinsky
Upward DogeThe trendline I've been watching has held strong. The jumps have been less pronounced, but that just means that this is cooling down into a period of steadier gains because of cooler heads. One thing that I believe we may see happen is a huge step upward. Reason: If the fed and the HFs screw with the GME and AMC short squeezes, trust in the markets will disintegrate instantly. People will dump into crypto en masse. It's exactly what happened when Robinhood halted buying on GME. People dumped and DOGE bounced to its second-highest high ever. If they do it again, DOGE will explode upward. If not, we'll see a steady climb from here. Either way I believe the debacle with the short squeeze has eroded trust in the markets that the FED et al can control and crypto has become more attractive than ever.
BINANCE:DOGEUSDLong
by Incogniteaux
2
I looked at the inverse HnS on Doge ... is this a good chance?I looked at the inverse HnS on Doge ... is this a good chance? If you look at the journey of DOGE prices to this day, DOGE is actually still in the opportunity for a bullish trend. This is indicated by the price is always in the range 0.04 - 0.05 and last week if we want to observe more carefully, it turns out that DOGE is forming an inverse HnS pattern, this pattern is one of the positive confirmation patterns if DOGE will continue its bullish trend again. The risk is still there, let's take the smallest risk by taking enough profit.
BINANCE:DOGEUSD
by Hokusai_FX
Dogecoin Analysis – Is an uptrend line still in place for Doge?Dogecoin is now up +1.27% vs the -3.91% from yesterday, in the last 24h. And it is up +13.22% vs +10.72% from yesterday in the last 7 days. The Market Cap is $7.2Bi vs the $7.2Bi (y) and the coin is now in the 16th position vs the 15th position (y) of the most valuable … Keep reading on: Dogecoin Analysis – Is an uptrend line still in place for Doge? @DogecoinSky #Blockchain, #Cryptocurrency, #CryptocurrencyExchange, #Doge, #Dogecoin, #DogecoinNews, #Dogecoinsky, #Dojo4Doge, #ElonMusk, #News Areas: #DogecoinSkyAnalysis
POLONIEX:DOGEUSD
by dogecoinsky
1
Dogecoin PossibilitiesI am noticing a few different things happening on this 1hr chart. We have broken out of a symmetrical triangle. For me, the measured move target is about $.078. I will also be waiting in the bushes to see if the bullish cypher (or another harmonic) develops. To me, this would be healthy as we would retest the trendline/channel and potentially take off from there. I also see some hidden bullish divergence on the RSI. Let's see what's in store for Doge! Owhooooo!
BITTREX:DOGEUSD
by Akamer-the-Werewolf
3