$DOGEUSDT - Breakout & Reversal play with 15% to 50% upsideTechnical Analysis (TA)
Weekly Chart is showing signs of breaking out/reversing from the overbought zones.
The daily chart is breaking out of the resistance level of 0.07776 and attempting to break above the 100ema with solid indications of a reversal.
On the weekly we have plenty of space to fill up until the 0.09 level and further upside (if overall trends are good) to 0.117.
Price Target
Entry: 0.78
Target 1: 0.09 (+15%)
Target 2: 0.117 (50%
Dogelong
ELON MUSK BUY DOGE & BTCI think Elon just bought bitcoins below $20,000
◾️He wrote on June 19:
I will support DOGE
◾️They wrote to him: so buy
◾️He answered: I am
The rate was on June 19 - $19.000 for bitcoin.
Twitter link
Conclusion: he sold at breakeven at $29,000 to buy at $19,000.
The next report will be when bitcoin comes to ATH and everyone knows that Elon bought bitcoins... This will be a short signal...
DOGEUSD: Elliott Waves Intraday TradingRocket with DOGE COIN logo temporarily broke)
I have closed the old long position yesterday with a good profit, before the decline.
Edited my trading plan, and started gaining volume for the long position waiting for the completion of the correction within wave Y of wave 4.
All in all, some wave X is likely to be formed locally and it might end up on the boundary of the past trend line.
In the alternative scenario, the sluggish dynamics will continue and the current wave 4 structure may take on a triangle pattern.
Will the DOGE give a 40% gain, do you think?)
Best Regards,
CEO Tornado Capital
New correction impulse for Dogecoin Dogecoin has been on a huge downward trend from 0.75$ and there is a great chance that 0.05$ might be the historic bottom of the coin. It is clear that the bearish trend has to correct at some point and the first evidence that the downward trend is over is DOGE bouncing heavily at 5 cents, correcting to 0.08$. First reason for the end of the downward trend is that 0.05$ psychologically acted as a buy signal for investors (5 cents was the most commented prize target after 0.75$) and the second reason is just that it has a great support from 2021.
So, the scenarios are the following:
- Optimistic: we can see gains starting from 0.057$ (B), second impulse (C) can reach a price range of 0.088$ (target 1, 100% fib level of WAVE A) and a max of 0.10$ (161% fib level of WAVE A).
- Worst: wave B has not corrected enough and price can reach new B bottoms ranging from 0.057 to 0.05$, which it means stop-loss triggers and trapped buyers.
- Catastrophic: big wave (5) can reach a bottom lower than 0.05$.
elon targetcheck this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this check this
DOGEUSDT: LOCAL WAVES COUNTHi all.
Decided to share a trading plan for DOGEUSDT.
Actually, I expect that the market structure will complete the corrective formation in the form of a 3-wave pattern and the price will begin a quick recovery.
With an average price of a formed long position of 0.057, you can get an excellent ratio of possible risk to profit - 1:5.
In the case of strong rally, the coefficient can grow up to 1:15.
The driver can be the recovery of the price of bitcoin( my trading plan for BTC at now ) , as well as any public information from Elon Musk regarding DOGECOIN :)
Best Regards,
CEO Tornado Capital
CRYPTO-DOGE-LONGHello friends, today I dismantled a coin that likes to grow well, we have a strong set zone where it was bought very strongly, I want to take it on the set retest, I showed it in more detail on the chart, I also painted for you where I will take close and stop. Have a good day and profit
Dogecoin S/R LevelsDOGE/USDT Dogecoin Fibonacci S/R Levels ( Daily Chart )
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
DOGEUSD holding up very wellDOGEA IS currently the only coin up on the day, and it has been a strong performer these last few weeks as well. It seems this week that ELON will announce the next steps forward with his future social media. Whether that be his own, or rebranding twitter. Either way, this platform be ran off crypto. DOGEs chart aligns with this belief as it has simply retest major support areas, and i expect DOGE to be one of the strongest coins these next few weeks/months.
Dogecoin prepares for the big pumpThe price of dogecoin has fallen below the 200-day EMA since November 17,2021.Now the daily time frame,the Cup and Handle pattern as well as the Inverse Head and Shoulder pattern have been formed,both of which support the price increase.The GIOM model is an indicator that supports this uptrend.Based on this index,doge immediate resistance level is a weak barrier.The doge price is just a bit of a hassle just to cross the 0.15 $ to 0.20$ range.Here ,approximately 335000 addresses have bought 11,000,000,000 coins and are at a loss. Therefore,with the price entering this range,any retreat will be possible.
DOGECOIN QUICK PUMP TO ATH 258%!DOGECOIN QUICK UPDATE!!
I am seeing a break of structure on this triangular setup on doge, if we break and close above the trend line on the weekly time frame, then we could see DOGE pump back to its all time high!
The weekly candle closes in the next 5 DAYS & 3 HOURS!
The pump back to its ALL TIME HIGH could be around 258% so if you invested around lets say £100 you could turn that into £358!
Wait for me to update you and then you can make a decision for yourself!
It’s just a short term investment setup, NOT FINANCIAL ADVICE, please invest at your own risk!!!
Predict the Dogecoin price increase path using Gann Box n this analysis, Gann Box is used to examine the path of dogecoin price increase.Horizontal lines show resistance upwards to increase the price.Two important resistances,one at 26.51 cents and the second at 34.83 cents.The vertical lines in this pattern indicate important times at which the chart trend may change
Dogecoin: 120 days after Death CrossDeath cross is a graphical pattern in technical analysis that shows the potential for high sales and lower prices.The death cross appears in an asset or index chart when the short-term moving average, the long-term moving average breaks it and goes lower.It has been 120 days now that the 50-day EMA has broken the 200-day EMA downwards.To start a bull market, the 50-day moving average must first be bullish , and when the 50-day moving average crosses the 200-day EMA , a golden cross will occur and the price will accelerate faster.
We now see that the slope 50-day EMA has increased.If the above trend continues,the golden cross will happen soon.
DOGEUSDT long postion Possibilityhello every one
I see you are waiting to start a new session of crypto to get more profit, but Unfortunately, the session is more likely got to end in the next months.
I think the highest target for dogecoin in this session is 0.21 but anything is possible
all you need to know is in the chart
look closely and make your position smartly
this is just my idea and not a financial advice
this chart is just for PRO and don't use it as a signal of buy and sell