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Dogeusd

#DOGE/USDT#DOGE The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1630 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.18372 First target 0.18372 Second target 0.19350 Third target 0.20533
Long
by CryptoAnalystSignal
DOGE New Update (3D)This analysis is an update of the analysis you see in the "Related publications" section It seems to be forming a large diametric pattern. Currently, wave F is completing. Wave F is a bearish wave. Upon reaching the green zone, we expect the price to bounce upward. A weekly candle closing below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1
DOGE Will Show Relief Rally Before CrashHello, Skyrexians! Yesterday we pointed out that Ethereum has not finished the global correction and is waiting for crush, today we found the same pattern for BINANCE:DOGEUSDT . We still have some space to go up, but finally we will see another one drop to new lows. Let's take a look at the daily chart. Here we can see the potential Elliott waves counting. Recent dip was the wave 3, not a wave 5 because of awesome oscillator. It has not crossed the zero line which means that wave 4 has not been completed. Green dot on the bottom on the Bullish/Bearish Reversal Bar Indicator does not mean the global reversal, it's only the end of the wave 3. Target area for wave 4 is 0.38-0.5 Fibonacci. If there we will see the red dot, it can be great short opportunity. Target for DOGE wave 5 is very low, it can be even lower than $0.1. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
by Skyrexio
DOGEUSD: This is the rally that will deliver $1.00Doge is neutral on its 1D technical outlook (RSI = 52.126, MACD = -0.009, ADX = 40.011), recovering from its prior oversold state and testing the 1W MA50 for the first time in 3 weeks. The current rebound is being made after touching the 1W MA200, which is technically the new long term bottom, similar with August 5th 2024 and October 9th 2023. As shown, this is a once in a year buy opportunity that aims for the 1.618 Fibonacci extension on the HH trendline. The trade is long, TP = 1.000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:DOGEUSDLong
by InvestingScope
Dogecoin - You Should Not Be Afraid!Dogecoin ( CRYPTO:DOGEUSD ) could reverse right now: Click chart above to see the detailed analysis👆🏻 Four months ago Dogecoin perfectly retested the previous all time high and is now creating the anticipated bearish rejection. However during every bullish cycle we saw a correction of at least -60%, which was followed by a parabolic rally, so there is no reason to be worried at all. Levels to watch: $0.2, $0.5 Keep your long term vision! Philip (BasicTrading)
CRYPTO:DOGEUSDLong
by basictradingtv
36
Dogecoin Foundation Bolsters Reserves with 10M Token Purchase The Dogecoin Foundation, the non-profit organization dedicated to the development and advocacy of Dogecoin (DOGE), has made a significant move by purchasing 10 million DOGE tokens.1 This strategic acquisition, part of a broader initiative to establish a robust DOGE reserve, signals the Foundation's commitment to the long-term sustainability and growth of the meme-turned-cryptocurrency.2 The purchase coincides with a notable price surge, as traders weigh potential shifts in US tariff and Federal Reserve policies, fueling speculation about Dogecoin's future trajectory.3 In February, the Dogecoin Foundation announced a five-year partnership with House of Doge, designating them as its official commercialization partner.4 This collaboration aims to enhance Dogecoin's utility and adoption by exploring innovative applications and fostering strategic partnerships.5 The establishment of a DOGE reserve, now augmented by the 10 million token purchase, appears to be a crucial component of this broader strategy, intended to provide financial stability and support future development initiatives.6 The purchase reflects a proactive approach by the Foundation to manage Dogecoin's ecosystem. By building a reserve, the Foundation can potentially fund future projects, support community initiatives, and mitigate potential market volatility.7 This move underscores the Foundation's commitment to ensuring Dogecoin's long-term viability, moving beyond its meme origins to establish a more structured and sustainable framework. Simultaneously, the cryptocurrency market has witnessed a resurgence of interest in Dogecoin, with its price jumping by approximately 7% in a single day.8 This surge is attributed to a confluence of factors, including speculation that upcoming US tariffs might be less severe than initially anticipated. Traders are also closely monitoring potential shifts in Federal Reserve policies, which could impact the broader cryptocurrency market.9 The renewed optimism surrounding Dogecoin has led to its outperformance against major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP.10 This surge in interest highlights the enduring appeal of meme coins, which often experience significant price fluctuations driven by social media sentiment and speculative trading.11 Dogecoin's Bullish Momentum: Analyst Predicts Surge to $0.4 Technical analysis indicates that Dogecoin has recently broken above a bullish daily pattern, further fueling optimism among traders.12 This breakout suggests a potential upward trend, with analysts predicting a possible surge to $0.4.13 The bullish pattern, often characterized by a series of higher lows and higher highs, signals increased buying pressure and a shift in market sentiment. The $0.4 target represents a significant milestone for Dogecoin, potentially marking a substantial increase from its current price. This prediction is based on technical indicators and historical price action, which suggest that a breakout from the current pattern could lead to a sustained upward trend. Analysts emphasize the importance of monitoring key support and resistance levels. A sustained break above the current resistance could validate the bullish prediction, while a failure to maintain momentum could lead to a price correction. The volatile nature of the cryptocurrency market necessitates a cautious approach, as unexpected developments can significantly impact price movements.14 The confluence of factors, including the Dogecoin Foundation's token purchase, the potential easing of US tariffs, and the bullish technical analysis, has created a perfect storm for Dogecoin. The surge in trading volume and increased social media activity further amplify the bullish sentiment, contributing to the overall market optimism.15 However, it's crucial to acknowledge the inherent risks associated with cryptocurrency trading. The market is highly volatile, and price predictions are subject to significant uncertainty.16 While the current momentum appears promising, unexpected news or market corrections could quickly reverse the trend. Will Dogecoin Reach $1? The Speculative Frenzy The question on many traders' minds is whether Dogecoin can reach the coveted $1 mark. This milestone, once considered a distant dream, now seems within reach for some optimistic investors. The recent price surge and positive market sentiment have reignited speculation about Dogecoin's potential to achieve this target. Achieving $1 would represent a significant increase from Dogecoin's current price, requiring a substantial influx of capital and sustained buying pressure.17 The cryptocurrency market is known for its rapid and unpredictable price swings, making such predictions inherently speculative.18 The Dogecoin community, known for its enthusiastic support and social media prowess, plays a crucial role in driving price movements.19 The power of social media and online communities to influence market sentiment cannot be underestimated, particularly in the case of meme coins like Dogecoin.20 However, fundamental factors, such as adoption rates, technological developments, and regulatory clarity, will ultimately determine Dogecoin's long-term success. The Dogecoin Foundation's efforts to enhance the cryptocurrency's utility and establish a stable ecosystem are crucial steps in this direction.21 The partnership with House of Doge and the establishment of a DOGE reserve demonstrate a commitment to building a more sustainable and functional cryptocurrency. These initiatives aim to move beyond the meme-driven hype and establish a solid foundation for long-term growth. In conclusion, the Dogecoin Foundation's purchase of 10 million tokens, coupled with positive market sentiment and bullish technical indicators, has created a wave of optimism.22 While the $1 target remains speculative, the recent developments suggest that Dogecoin is experiencing a resurgence of interest and potential for further growth. Traders should remain vigilant and exercise caution, as the cryptocurrency market is inherently volatile.23 The blend of community, development, and market conditions all contribute to the current and future potential of Dogecoin.
Long
by bryandowningqln
1
The key is whether it supports around 0.18951 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (DOGEUSDT 1D chart) The key is whether it can maintain the price by rising above 0.18951. If it rises after receiving support near 0.18951, we need to see whether it can rise above the M-Signal indicator on the 1W chart. In other words, we need to see whether it can maintain the price above 0.21409. If not, it is likely to show a downward trend like the previous trend. - Therefore, I think this is a great opportunity to turn into an upward trend in line with the flow of BTC. What we need to do is to check if it is supported around 0.18951. If it is supported, it is a time to buy. Since the M-Signal indicator of the 1M chart is passing around 0.18951, it is highly likely that it will show a different flow than before. Since OBV has to break through the upper line of the Price channel to surge, it is better not to rush too much and check if it is supported around 0.18951 before trading. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
3
Dogecoin - This Candle Decides Everything!Dogecoin ( CRYPTO:DOGEUSD ) is about to close above support: Click chart above to see the detailed analysis👆🏻 When we look at the chart of Dogecoin, we can again see that this bullish cycle was starting with a clear rounding bottom formation. This simply means that there is a 100% chance that a bullish parabolic rally will follow and this monthly candle might just be the beginning. Levels to watch: $0.15, $0.5 Keep your long term vision, Philip (BasicTrading)
CRYPTO:DOGEUSDLong
by basictradingtv
9
DOGEUSD making a huge bullish break-out. Eyes 0.800.Dogecoin (DOGEUSD) broke today above the Lower Highs trend-line that started 2 months ago (on the January 18 High). The natural Resistance remains of course technically the 1D MA50 (blue trend-line) but with the 1D RSI already trending upwards and the price rebounding from the recent low at the bottom of the 1-year Channel Up, we can already claim that the new Bullish Leg has already started. If it makes just a simple repeat of the previous Bullish Leg (which during Bull Cycles every rally is generally more aggressive than the previous), it can top the Channel Up and make a Higher High at $0.800. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:DOGEUSDLong
by TradingShot
3
"DogeCoin vs Tether" Crypto Market Heist Plan (Swing / Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑 💰💸✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the DOGE/USDT "DogeCoin vs Tether" Crypto Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise to Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level. I Highly recommended you to put alert in your chart. Stop Loss 🛑: Thief SL placed at the recent/swing low level Using the 2H timeframe (0.16000) Day trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. 🏴‍☠️Target 🎯: 0.22000 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. DOGE/USDT "DogeCoin vs Tether" Crypto Market Heist Plan (Swing / Day Trade) is currently experiencing a bullishness,., driven by several key factors. 📰🗞️Get & Read the Fundamental, Macro, COT Report, On Chain Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets.. go ahead to check 👉👉👉 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
$DOGE - Bear Trap BuyReposting my analysis from 3/8 as it was delisted b/c I referenced a non-TV external account. Also, a disclaimer since I've quickly discovered that people like to chirp and demean ideas on TV: This is an IDEA. I maintain bull and bear cases for every underlying I analyze. My opinion about an underlying can change exceedingly quickly based on price action and how price's evolution either confirms or violates TREND (I define trend scholastically, NOT inferentially). I also may have 1 directional opinion about a security's higher timeframe and an opposing directional stance about a lower TF. Markets are fractal. Any serious trader/analyst understands what I'm articulating. This business is NOT about predicting. It is about understanding participant psychology, order flow, statistical distribution, risk vs. reward, profit margin, and probabilities. With that said, here's my post from 3/8: This is a technical (supply/demand) setup and is not a fundamental endorsement for CRYPTOCAP:DOGE ownership. $DOGE/USD (and crypto more broadly) has declined markedly (~60%) from December '24 highs. Late last month, low-quality daily demand (0.2021-0.1853) produced a minor bounce. DOGE quickly found sellers in advance of the opposing 1D supply zone (0.2428-0.2615), though, and was rejected. DOGE/USD appears poised for further near-term downside, with the weekly RSI threatening the 40 level. If DOGE/USD presses lower and trades < 0.1813, the next pocket of daily demand = 0.1700-0.1419. More significantly, DOGE has a well-formed weekly buy zone @ 0.1513-0.1280. DOGE/USD's intermediate-term uptrend is controlled by 0.0805 (low of the corrective segment 3/25/24 - 8/5/24). Trend-continuation buying is valid within the bounds of the corrective segment, which DOGE traded into in early Feb. Buys are supported by 78.6% and 88.6% Fibonacci retracement levels and, to a lesser degree, Anchored VWAP + 1W Bollinger Band lower bound (not pictured). Given crypto's broader price action and bearish momentum, confirmation entries are recommended. Potential buyers, depending on risk tolerance, should reference intraday timeframes for trend reversal signals vs. "catching a falling knife". Should DOGE bottom, preliminary target (T1) would be in advance of weekly supply @ 0.2398-0.2874 (use LTFs to refine and ID smaller sell zones that could challenge a rally). Trading > 0.2874 sets the stage for higher prices, with T2 supply 0.3288-0.3648. If DOGE/crypto approach T2 prices with significant bullish momentum (reference RSI), we could see subsequent prints in excess of December's 0.4846 high. As always, feedback's welcome. Godspeed! JHart
BINANCE:DOGEUSDLong
by JHartCharts
DOGE/USDT 1H: Bullish Momentum Holding – Can $0.182 Be ReachedDOGE/USDT 1H: Bullish Momentum Holding – Can $0.182 Be Reached? 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates! Current Market Conditions (Confidence: 8/10): Price at $0.1752, showing strong bullish momentum. No clear divergences present on RSI, suggesting sustained strength. Market Maker accumulation visible, confirmed by a recent sweep of lows at $0.163 and strong bounce. LONG Trade Setup: Entry: $0.174 - $0.175 zone. Targets: T1: $0.178 (initial resistance). T2: $0.182 (extended liquidity zone). Stop Loss: $0.171 (below recent support). Risk Score: 8/10 – Strong risk-to-reward setup with confirmation of Smart Money accumulation. Market Maker Activity: Accumulation phase completed with a liquidity sweep below $0.163. Order blocks at $0.173 - $0.174 indicate continued bullish pressure. Minimal selling pressure suggests a continuation of the uptrend. Recommendation: L ong positions remain favorable within the $0.174 - $0.175 entry range. Monitor reaction at $0.178, as a strong breakout could confirm the move to $0.182. Use tight stops, as pullbacks could occur before continuation. 🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Long
by Cryptokijker
DOGEUSD preparing the final rally to $1.00Dogecoin / DOGEUSD has hit this month and so far holding its 1month MA50. This Cycle isn't that different from the previous two, although it is naturally a not as aggressive as the market has matured. According to the 1week RSI, the market is at the bottom of the final Bull Cycle pull back before the final rally for the Cycle Top. We expect it to reach at least $1.00 by the end of this year. Follow us, like the idea and leave a comment below!!
CRYPTO:DOGEUSDLong
by TheCryptagon
1
Be careful with DOGE !!!Perhaps this is a cup and handle pattern, and if that's the case, it could push the price up to around 90 cents. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
9
Dogecoin - New All Time Highs Will Come!Dogecoin ( CRYPTO:DOGEUSD ) still remains bullish: Click chart above to see the detailed analysis👆🏻 If you look at the chart above, you can see almost only green mark ups. That's because despite the recent drop, Dogecoin remains in a very bullish market and is overall clearly heading higher. If this break and retest now plays out, we will even see new all time highs in the future. Levels to watch: $0.2, $0.5 Keep your long term vision, Philip (BasicTrading)
CRYPTO:DOGEUSDLong
by basictradingtv
21
DOGEUSD: This is why it can go to $2.00Dogecoin is bearish on its 1W technical outlook (RSI = 41.068, MACD = -0.006, ADX = 51.882) as it's trading under the 1W MA50. It did find however support on the 1W MA100 and that reminds us of the August-September bottoming period, which served as accumulation for the market, giving way to the post U.S. election rally. This chart shows DOGE's three Phases of Growth of the current Cycle. As the 1W MA100 holds, we have succesfully completed Phase 2 and have started Phase 3, which is technically the most bullish. The last Phase 3 topped a little over the 2.0 Fibonacci extension of Phase 1 bottom. This implies that a $2.00 TP by the end of Q3 is a technically achievable price. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:DOGEUSDLong
by InvestingScope
1
DOGE/USD "The Doge Coin" Crypto Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Thieves, 🤑 💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the DOGE/USD "The Doge Coin" Crypto Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish thieves are getting stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the breakout (0.18100) then make your move - Bearish profits await!" however I advise placing Sell Stop Orders below the breakout MA. 📌I strongly advise you to set an alert on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: Thief SL placed at (0.21500) swing Trade Basis Using the 4H period, the recent / swing high or low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 0.14000 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, On Chain Analysis, Sentimental Outlook: DOGE/USD "The Doge Coin" Crypto Market is currently experiencing a Neutral trend in short term (there is a chance for trend reversal), driven by several key factors. 🟡Fundamental Analysis - Current Price: $0.20214 (as of March 1, 2025) - Market Capitalization: $29.97 billion - Circulating Supply: 148.24 billion DOGE - Total Supply: 148.25 billion DOGE 🟤Macro Economics - The global economy is experiencing a slowdown, which may impact cryptocurrency markets. - Interest rates and inflation rates are being closely watched by investors, as they can impact cryptocurrency prices. ⚪Global Market Analysis - The cryptocurrency market is experiencing a downturn, with many major cryptocurrencies experiencing significant losses. - The global market is experiencing a high level of volatility, making it challenging to predict future price movements. 🟠On-Chain Analysis - Transaction Volume: The transaction volume for DOGE has been relatively stable over the past few weeks. - Active Addresses: The number of active addresses on the Dogecoin network has been increasing steadily. 🔴Market Sentimental Analysis - Fear and Greed Index: The Fear and Greed Index is currently indicating a neutral sentiment. - Social Media Sentiment: Social media sentiment for DOGE is currently mixed, with some investors expressing optimism while others are expressing pessimism. 🟣Positioning - Long/Short Ratio: The long/short ratio for DOGE is currently skewed towards long positions. - Open Interest: Open interest for DOGE futures is currently relatively high. 🟢Next Trend Move - Based on the current market data, it's difficult to predict the next trend move for DOGE/USD. However, some analysts are predicting a potential bullish reversal in the near future. 🔵Overall Summary Outlook - The current market outlook for DOGE/USD is neutral, with some analysts predicting a potential bullish reversal in the near future. - However, the global market is experiencing a high level of volatility, making it challenging to predict future price movements. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
COINBASE:DOGEUSD
by Thief_Trader
DOGEUSD Falling Wedge close to breaking towards $1.3Dogecoin / DOGEUSD is trading inside a Falling Wedge pattern which hit this week Support A and immediately rebounded. The 1day RSI has made a Double Bottom and it is highly likely that we will see a steady recovery from now on. If a break out above the Falling Wedge takes place, Doge will most likely start its final rally for this Cycle's Top. We expect that to be on the 2.0 Fibonacci extension level, a typical reaction for such break outs. Buy and target 1.3000. Follow us, like the idea and leave a comment below!!
CRYPTO:DOGEUSDLong
by TheCryptagon