DOGE 4H - Rejection of channel?Hi everyone!
We might see a rejection of the previous trendline / trend channel.
This most of the time signals a reversal since support became resistance -» price potentially might retest the support zone and make a 20% downwards move.
The short is a possibility of course, be careful!
Kind regards,
Noel
Dogeforecast
DODGECOIN uptrend pattern Hello Traders! Please support this idea with a LIKE if you find it useful. - For educational purposes only.
DOGE Analysis for next 24 to 48 hoursBased on the current chart , we have first resistance at 0.52 and second resistance at 0.575 . If both resistances are broken then we will be able to see new highs.
If first resistance of 0.52 is broken , long upto 0.575 is a target.
If second resistance of 0.575 is broken, long upto 0.70 is a target.
If first resistance of 0.52 is rejected, short upto 0.44 is a target
To the MARS by Elon - Channels working wellHi guys,
Honestly , Even many analyis were saying DogeCoin will go up until 0.7 last week. But Let's accept that we all though it was going to moon to 1 dollar range with Elon SNL show. After the show , Unfortunately, DogeCoin literally crashed .Now , it is consolidating price to charge some power. When we look the bigger picture. We saw last months , Doge made a nice channel and moves in the channel for a while. I draw the channel and as channel broken level I added another channel top of old channel as long as old one.It was pointing 0.74 exactly for target. Last week Doge coin literally touched 0.74 and come back to 0.4-0.50s. Now As we see in the graph , There is high posibility that history will repeat itself and we will experience another channel break to up. For that channel break , we draw another channel top of current channel and It is pointing 1.04 dollars. As we see in also RSI , movement looks exactly identical as last month drop and rocket. I hope that history will repeat itself and DogeCoin will rocket again.
Honestly , I saw many bad analysis on DogeCoin or some gurus saying that it will crash to cent again. or it will keep going down. For my opinion, This all analysis and bets on DogeCoin for short is total Bulls***t. It was a big moment what happened in SNL. DogeCoin literally showed all market that it can control and dominate all the coins in the market. We never see this movement before in any coin other than BTC. Last Saturday , Even DogeCoin crashed , It proved that It has a power to dominate and control the market. It is huge. Also after the show , Elon is keep pushing and take even more responsibility by tweeting and supporting DogeCoin. We should all have think a second and accept DogeCoin is out of meme , out of joke from now on. It has a power and It showed whole traders how it can get powerful is.
Sorry for this long Anaylsis on Doge. I just felt like to say all my opinions for that traders waiting hopeless after the crash. I hope we will see the Moon as Elon Musk said :)
Not a financial Advise.
Lets watch guys!
Doge; the bad puppy - Waiting for entry!!We can observe the great similarity of movement with the past DOGE, an entry with a high probability of success would be to wait for the rebound at the 100 EMA .
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments
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 $0.060.
How to trade in the cryptocurrency market, especially such high-volatility instruments, is, of course, an individual matter.
But it is worth remembering that the only thing that we can control in the market is the risks that we are ready to accept for deposit .
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doge updateafter last tweet of ellin dige start agsin to rise up to next target @0.74$ and after that 2nd target us 0.86$
but we expect it run slowly not sharp .
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
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
I ANALYZE FOR YOUR COMFORT - DOGEParadoxically, but as long as all Crypto fell, Doge stopped falling. As long as it is above the support marked with the red box, we still have hope of recovery. On the other hand if it passes under the support. it is a sign of new declines.
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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?
DOGE BULLISH - $0.59 SHORT TERM TARGETI am predicting a $0.59 cent short term target - IF history repeats with trends patterns proceeding as they have been, along with the firm support holding. If support fails we will be going to the temporary support for testing and a retest.. and the whole scenario would need to be reevaluated again.
DOGE 4H - Bear flag, Dead Cat or new AHT?Hi everyone,
DOGE seems to have some difficulties in breaching the 20 & 50 EMA and the previous resistance zone.
This is likely to create a bear flag or a Dead Cat Bounce -» retracement will most likely go higher before tumbling down. (I advise you to research this structure).
However if Price does Break all these resistance zones in a confident manner we might see newer highs.
You might say: so it goes up or down?
It's not that and not that simple: analysis and trading is about creating and anticipating on different scenarios. Price changes and thus also the potential scenarios.
Most important is that we are prepared and have a plan in mind when to enter a market and also when to exit one.
Don't get burned and stay safe!
Kind regards,
Noel
$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