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Dogelong

Possible 20%Hi traders, As you know, DOGE broke out its downtrend. So I was expecting a re-test which happened actually. However, I missed the opportunity. In my opinion, there could 3 scenarious. 1- Price closes in demand area and go up 2- Price hits the downtrend again and go up 3- Price just falls. For the firsst and second cases, I am gonna buy DOGE partially. First buy is about the demand area indicated as grey area. The second buy will be on the trend line. My stop level is about 4-5% from the demand area. To be honest, from the general perspective of market, I am bullish. That is why I believe it will go up. In any case, do not forget to put stop loss. Stay safe traders.
Long
by bahadirkisbet
2
Doge Trendline breakout tradeI've been looking at this chart for quite some time and now that I am booking profits on Ethereum (not a financial advice), I am looking to take this trade. The following are the trade criteria. First and foremost we should always align bitcoin's move with doge. If bitcoin looks in a healthy uptrend, that's a check. Second, we l wait for the doge to break the trend line in 4hr timeframe with "significant volume", significant being the keyword. Third, we wait for a pullback along the line of resistance for a retest of the trend line. If we can confirm the resistance, by price action that's where we will take our position. You can not go wrong with a well planned trade ahead of time and make sure you stick with your take profit levels. Happy trading.
Long
by bishwashadhikari2
Waiting Game DOGEUSD: Bullish long term scenarioHello traders and investors, Is Doge ready for the next leg up? If so, let me thank who let the dodge out! Today we are considering the idea of completing a 5 wave sequence (intermediate blue) to reach primary wave 3 (blue). Assuming that Primary 1 was between May 2015 and Jan 2018; Primary 2 was until March 2020 low, the 1.618 Fibonacci extensions, suggested as the first target for a wave 3, would bring us in the region of $2.72. Looking at the intersection with the pitchfork top boundary line, it looks as if we are going to wait until July/August 2023, so plenty of time to accumulate if you love this coin. Let's see how this plays out.
BITTREX:DOGEUSDLong
by Dry-Storm
2