Doge finally falls in line with other crypto after Elon.I am not a legal financial advisor or consultant, everything shown here is strictly for learning purposes and is of my own opinion. Please do your own research and due diligence and never take any one persons words as 100% truth. Elon, wtf man. Elon is a walking talking market manipulating machine, but please SEC, continue to investigate WSB. Anyways after Elon screwed Doge's sector rotation, an amazing feat to be sure. Doge has finally fallen in line with other crypto. I still pull small gains from doge when I can but just like BTC, doge has lost a lot off the top and there is still good downside risk to it. Just be careful ok, volatility in crypto is off the charts.
Dogeshort
Doge - Is Dogecoin going drop to this area?On the Dogecoin chart, we see that the price has come to the key level of $0.28 as I said in yesterday's idea!
Now the price has broken this level and made a false breakout, if the price can test the sell zone, it may be a good point to enter, and its target may be in the area marked below.
Take care of your money, set stop losses!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOGE short term view Hello there!
Looks like we may be going for a little dive.
I am looking for confirmation on retest of trend line 🐶
Trade is invalid if we break above 💲0.38
Let's see and always remember ⏬⏬😉🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you so much!!!!
Jazerbay
🧡
Doge Short or LongFirst of All I want to say that you have to keep critical. Don't take my analysis too serious. Be critical and make your own decision.
Dogecoin is a popular Meme coin that has backers like Elon Musk and other famous people. Recently, it got added to Coinbase. Coinbase added it to its Pro function. This has caused a significantly increase and with Elon's tweet finishing it.
Now for this chart I have used the Elliot Wave technique. Wave 3 has extended to 1.618 of Wave 1 which it had 45%. I don't see any reverse yet on a 4 hour chart. On a one hour chart there is, but only in values of 3 USDT.
If Wave 3 gets longer than 1.618 and reach 2.618 (which it has a chance of 8%), Wave four will consolidate to 0,38 cent which it has a chance of 60%.
If Wave 3 does not get higher than 1.618, Wave 4 has a 60% chance of consolidating to 36 cent.
But once again, just like we have seen in the past. This cryptocurrency is very independent of Elon Musk. If he times his tweets right, he can cause another increase and this chart can go into the trash can. Also, Coinbase will be adding Doge to it's mobile's app. So keep an eye on that
DOGE COIN : Story over or new chapter beginsNot a proponent of coin personally but given it's marketcap, it needs to be on watchlist. Euphoria seems to be over and uptrend won't last if it goes down and breaks blue channel.
BUT why is there too much of negative news suddenly(Elon musk cautioning, Barry silbert disclosing short position).Is someone filling bag? Time will tell.
ELON on SNL indicates Doge's top?I don't know about you guys, but this doesn't look like it is going to end well. If failure to hold this support, this could be the top of DOGE as of now. Momentum dropping, bearish divergence and rejection from top trend line. Another important observation to take note on is the fact that it is making the same pattern at same trend line it did before our last correction.