DOGEUSD The new Bullish Wave is taking off.Dogecoin just turned bullish today on its 1D technical outlook (RSI = 58.168, MACD = 0.002, ADX = 16.620) after its 1D RSI spent the first 2 weeks of October sideways, forming the bottom. This is a bottom similar with late Aug-Sep and during that time the 1D MA50 held six different 1D candles. The pattern is a Channel Up the past 10 weeks and today's candle has confirmed the start of the new Bullish Wave. We expect at least another +43.58% rise from the bottom (TP = 0.14450).
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Dogetrading
🚀🌕 Dogecoin Long Opportunity: Entry at Demand Zone and FVG💰Hey traders! 🎩💼 I trust you're all doing well. Here's an enticing trade proposition for BINANCE:DOGEUSDT (DOGE/USDT), offering not one but two potential entries.
1st Entry: 0.18157
We're initiating our first entry based on the presence of a demand zone (SMC). This strategic entry point presents a promising opportunity to capitalize on potential bullish momentum.
2nd Entry: 0.17400
Our second entry is triggered by a Fair Value Gap (FVG), adding another layer of confidence to our position. This secondary entry reinforces our conviction in the trade setup.
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Stop Loss (SL): 0.17058
To mitigate risk, our stop loss is set at 0.17058. This level acts as a safeguard against adverse price movements, ensuring prudent risk management.
Target: $1 (Long-term Vision) 🎯
Now, our target is set at $1. But hey, we're not just staring at the stars here; we're ready to sell before the biggest TP hits if needed.
(....and share)
However, it's essential to exercise flexibility and consider taking profits earlier, albeit retaining a portion of DOGE. Elon Musk's tweets have historically influenced DOGE's trajectory, potentially propelling it "to the moon."
This signal is based on SMC strategy...
You also want to learn SMC strategy? Great, right it down in the comments!
DOGE Strong UP Reaction !!!Technical Analysis:
- As you can see in the chart, DOGE has a strong up reaction but we need more data for a confirmation to have a new structure
- Short term correction is finished in wave II in red
- We expect in the Short Medium Term ((3)) waves in black bouncing
- We need to cross wave I in red to get a more confidence up in a Bullish Short Term Structure
- H1 & H4 Right Side is UP
Technical Information:
- We like to buy DOGE in the Short Term Pull back around $0.0965
Doge why not?I am dropping a chart taking the previous run from 23 April all time high at .73 then finished with at .41
If we somehow see the exact same pattern starting from todays low which was .22 we will hit .80 Dec. 5th & end the year around .50
I would be perfectly fine with that, I do believe we will see a nice run up with a pullback heading into the end of the year. My prediction for the new ATH .80 & finish the year around .55
Đoge 11.18.21Here are 3 realistic probable outcomes for Nov. 18th.
It is another full moon which of you don't already know we typically see a massive swing from Bitcoin, with that being said we very well could reach above .27 on the other hand if it's a Pullback which would fall below BTC $60k support level we could call to .16 range. Or move sideways & contuitgo consolidate for BTC next move.
Doge volatilityAs you take a look at the MACD & the RSI they both match the hourly chart as a bearish downtrend. To me that's great news which means this is a true chart, we should see a bullish reversal play out in the next 48 hours as we head towards .30.
We still have a possibility to fall to the mid to low .26 range before we head towards .30+ nearing the weekend. The next leg up is upon us, are you ready?
Doge ready for a RunIf you take a look at the RSI it indicates ~ Oversold which is typically led by an Uptrend movement. Taking a look back on Oct 31st you can see we also dipped to the Oversold indicator which was followed by a nice Uptrend.
Next we may see a push towards .30 through the weekend with the Upgrade to 1.14.5 this could add to the trend.
Doge Important Update I believe we may see a large pullback too .15 as we approach October.
I analyze the S&P 500 chart from time to time & we have just hit the top resistance in the uptrend we've been in since Feb 10th. We may see a large pullback of about 30% which will also have an effect on Bitcoin, with that being said we all know that Bitcoin controls the Crypto Market so we will all follow.
There is still a chance for us to consolidate, but I wanted to give you all a heads up as we move forward. This does not mean we are going to zero, it just means we may see a healthy pullback before the Q4 bull run.
I do hope it doesn't pan out this way, but wanted to give you both sides of the coin.