Dogelong
DOGE market updateHello, Traders!
DOGE ended its uptrend and lost 77% of its highs in value.
The market is under selling pressure, with DOGE also under selling pressure. Buyers hold $0.177 as a strong support level.
Those who believe in the "DOGE Power" and want to earn in case of its growth should hoard position in parts.
The first part can be taken in the range of $0.177 - $0.220.
The second, in case of further decrease in the range of $0.115 - $0.145.
Target price levels would be
$0,32
$0,40
$0,54
$0,70
The stop-loss order will depend on your risk management and the amount of money you allocate to a trade.
All risks need to be considered, and you should not open a trade with more than 10-15% of your trading deposit. It is always important to follow the basics of risk management.
Good luck and watch out for the market.
P.S. This is an educational analysis that shall not be considered financial advice
DogeCoin - Three Bullish Days! Where we heading next?🐕🦺Dogecoin is a meme coin based off the Shiba Inu dog. Doge was created in 2013 and has unlimited supply, unlike bitcoin.
Technically, we have had 3 bullish days which isn't something to take lightly, especially in this crypto dip, with price bouncing off the tagged support.
Is 40 cents a realistic target for Doge in the coming days and weeks?
#Doge floor .16 now let's get Bullish Here on the 1 hr chart you see we've created a bottom at .16 where we have touched that zone multiple times.
Before when we had touchrd down we bounced off then we hit the middle band & feel back to the .16 zone. But this time when we reached the middle band we pushed through which is very bullish, but we need confirmation before it's a bullish reversal.
*Not Financial Advice
DOGE/USD to $2.80+ ? Potential Long Depending on MarketI'm seeing a similar pattern to the last big push and consolidation. If it repeats the same we are about to have a big pump. RSI similarities as well. We have been pinging off the same spot that has resulted in the previous pumps. A stop loss below the yellow dotted would probably be a good idea. A lot is unpredictable currently with everything in turmoil obviously. 55/200 EMA profile even looks similar. Time will tell. (Blue drawn line is just an example of what may unfold if history repeats again)
Disclaimer: Trade at your own risk, I am not a professional. I'm simply sharing my thoughts.
Dogecoin price rolls past $0.4 as trading debuts on Coinbase ProDogecoin has since mid-this week spiked incredibly, allowing bulls to regain some of the ground lost in May's massive cryptocurrency crash. Dogecoin dropped to $0.21 before making a brief recovery, stepping above $0.4. However, it retreated and remained relatively consolidated between $0.28 and $0.35.
Coinbase Pro adding support for trading DOGE was a breath of fresh air to the popular meme coin. Investors welcomed the move with open arms, interpreting the event as validation of legitimacy. Moreover, some investors believe that Dogecoin could start being accepted as payment on many platforms, encouraging mainstream adoption.
Investors started depositing DOGE to Coinbase Pro addresses on June 1, but trading will commence on June 3 to allow for liquidity building. Several crypto and fiat pairs are available for buying and selling the meme coin.
Dogecoin settles above key technical levels
Following the upswing triggered by the listing news, Dogecoin extended the bullish leg significantly above $0.3. The 100 Simple Moving Average (SMA) and the 50 SMA hurdles have been overcome, allowing the up leg to stretch past $0.4.
At the time of writing, DOGE trades at $0.42 while embracing the 50 SMA as immediate support. The Moving Average Convergence Divergence (MACD) shows that the trend is in the bulls' hands. With the MACD swinging into the positive region and widening the divergence from the signal line, Dogecoin is bound to soar past the immediate hurdle at $0.45 and perhaps set the pace for gains eyeing $0.6.
Dogecoin intraday levels
Spot rate: $0.42
Trend: Bullish
Volatility: Low
Support: $the 50 SMA and $0.35
Resistance: $0.45 and $0.6
Doge coin analysis Update (Go Long)Doge coin is in a long term rising channel.
it seems that the correction is fifnished, it brokes the short term falling channel and after retest it grow.
We also have good news, it is listed on Coinbase Pro exchange.
Look at the chart and buy it acording that.
Good luck.