Get started

Dogelong

DOGE/USDTDoge is in an interesting accumulation formation, and at the moment its price is below the Ichimoku Cloud, which may imply a new setback before it crosses it. I understand that the Cloud above the price acts as a resistance region, and the more dense it is, the more difficult it overcomes it. With that in mind, we can see that in this case it is not that dense, so it does not seem like a strong resistance (I may be mistaken, of course). So, the best thing to do is to wait for a price consolidation above the Ichimoku Cloud for a safer entry and with greater profit potential. It is also important to note that the volume has been falling in recent days and at any time we may have gained volume due to the optimism that the market has shown today (if it will happen ... Well, I am not a seer lol). WT_CROSS indicates upward movement, Weis Waves has been forming small and almost inexpressive waves, considering also the volume traded and the fact that the price has formed an area of ​​accommodation, I believe we can see the price evolve considerably, if not in the next hours, but in the next days. Important to note: always do your own research and remember that the decision to follow this idea (which is personal) is not mine. Therefore, this is not a financial advice. Good luck!
Long
by fgolobovant
4
DOGE primed for a massive 100% move to new record highs Dogecoin bounces off from the support at $0.04, setting the ground for gains above $0.11. DOGE is looking forward to a triangle breakout targeting a more than 100% move. The upswing may fail to materialize if the immediate 50 SMA support is broken. Dogecoin is teetering at $0.05 after recovering from the dip that occurred across the market earlier in the week. Before the broad-based declines, the ‘Meme Coin’ had been losing ground below a descending trendline. The support at $0.045 played a vital in stopping the declines, allowing bulls to focus on higher levels. A breakout from a descending triangle is expected to elevate Dogecoin to new all-time highs. At the time of writing, DOGE is dancing between the 50 Simple Moving Average (SMA) on the 4-hour chart and the 100 SMA. It has already broken out of the triangle pattern. The 100 SMA currently limits its upside. Note that triangles are known to have exact breakout targets measured from the patterns highest to the lowest points. While descending triangles are generally bearish, they can also result in bullish price actions. As for Dogecoin, trading above the 100 SMA will live open-air for exploration. It is worth keeping in mind that some hurdles are expected at $0.07, $0.09, and $0.1. However, if a breakout materializes, DOGE will rise to a new record high of around $0.11. On the other hand, it is worth keeping in mind Dogecoin is resting on a robust support area reinforced by the triangle’s hypotenuse and the 50 SMA. Holding above this region is critical to sustaining the uptrend. However, declines back to $0.045 may come into the picture, and investors could also panic-sell, adding to the bearish pressure.
BINANCE:DOGEUSDLong
by CoinGape
2
DOGE BTC levels to watch Hi everyone, today i would like to present you with my analysis of Doge BTC, as you can see we broke thru previous resistance at 50% fib and positively retested it, which means we are going higher, but with that in mind, i would like to point that we may see resistance at 127.2 and 161.8 fib where pullback my occure. From 127.2 we may see retest of 88.6 and from 161.8 i would price expect to retest 100%. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. "A is for my attitude working through the patience Money comes and goes so the M is for motivation Gotta stay consistent, the P is to persevere..."
Long
by Coder775