The impact of changing the Twitter logo to Dogecoin 🕊➡️🐕Twitter changed its iconic blue bird logo on Monday to mimic the logo of a Dogecoin(DOGE).🕊➡️🐕
Now let's see how much this change in the chart can affect❗️❓
If we want to look for classic patterns in the chart, yesterday, Dogecoin was able to break the upper line of the Falling Wedge with the green candle that was the result of the logo change. But the wedge pattern is not a standard falling wedge pattern, and at the same time, a 🔴resistance zone($0.1134-$0.1020)🔴 in the daily time frame is located exactly above it. This does not mean that it has no effect and is even expected to break the resistance zone upwards.
Now, if we look at the chart from the theory of Elliott waves, it seems that Dogecoin is completing the X wave with the Expanding Flat(3-3-5) corrective structure, which is one of the most common corrective structures. Microwave C of main wave X can finish at the 🔴resistance zone($0.1134-$0.1020)🔴 or even slightly above it(maybe bull trap), which I have marked for you in the chart.
❗️ Note ❗️: If Dogecoin can break the resistance zone with a large green candle with high volume, it is expected that Dogecoin will grow up to the 🔴heavy resistance zone($0.178-$0.1580)🔴 (about 40%), which, of course, does not affect the wave count.
Dogecoin Analyze ( DOGEUSDT ), Daily time frame ⏰.
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Dogeusd
DOGE - Watch for a break above this bull pennant! Here's a quick look at the 4D Logarithmic chart for DOGE. It is evident that the price is on the verge of breaking out of the massive bull pennant to the upside. This recent upward movement can be attributed to Twitter's adoption of DOGE as their desktop logo! There is significant upside potential if the price manages to break through this massive bull pennant!
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The idea is: Buy when the price breaks above 0.11$ and take profits at the levels shown in the chart.
Targets:
1. 0.119$
2. 0.149$
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DOGE - Wait for this level to break!Here's a quick look at the daily DOGE chart.
It is apparent that the price has been oscillating within a larger falling wedge pattern. As a prudent approach, it would be advisable to wait for a clear and decisive breakout above this falling wedge before entering any trades. This would ensure a higher probability of success and reduce the risks associated with premature trading decisions.
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The idea is: Buy when the price breaks above 0.88$ and take profits at the levels shown in the chart.
Targets:
1. 0.9$
2. 0.93$
3. 0.98$
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
DOGE/USDTSPOT BUY PLAY :
DOGE/USDT
BUY one part @ CMP (current market price) & add on every 5-8% dip total in 3 parts.
1st - CMP (current market price) (now)
2nd - 5-8% dip of cmp
3rd - 5-8% dip of 2nd buying price
STOP LOSS = 20% below of your average buying price.
TAKE PROFITS ARE mentioned in the chart itself DYOR.
Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
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DOGE! Buy the breakout! Here's a quick look at the daily DOGE chart.
It is apparent that the price has been oscillating within a larger falling wedge pattern. As a prudent approach, it would be advisable to wait for a clear and decisive breakout above this falling wedge before entering any trades. This would ensure a higher probability of success and reduce the risks associated with premature trading decisions.
-------------------------------------------
The idea is: Buy when the price breaks above 0.88$ and take profits at the levels shown in the chart.
Targets:
1. 0.9$
2. 0.93$
3. 0.98$
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
DOGEIt's time! Only 19 days until 4/20! Historically, 4/20, and the month of April more generally, is a magic month for Dogecoin. I wonder what's in store for this year...
In terms of the technicals, Dogecoin has its range from .75 highs to .05 lows that has a mid of .40, which implies that if it can achieve a 50% retracement with respect to its all time highs and cyclical lows (USD) then it will be surprise surprise in the neighborhood of .420! If it pulls off 5x from here to 4/20 you can thank me later :)
The thesis is simple: so long as above its .05 lows I believe it's sending towards .420...
And remember, .05/.06 is where all the magic started in April 2021...
Also, Doge/BTC seemingly inflecting from cyclical lows. More Doge/BTC analysis on Doge/BTC chart...
DOGECOIN | 1$ is Programmed..!!
#DOGE (Analysis)
Dogecoin has been Consolidating in Descending Channel Since May 2021 (TOP)
Seems like Correction phase is Completed & Getting Very Close to Massive BREAKOUT, It's time to FLY.
But Bulls need to Break the Descending Trendline Resistance to Confirm the Breakout.
As Resistance getting Weaker & Volume has been Coming in, Expecting Breakout soon.
In Case of Breakout, Expecting Massive Bullish Rally like 2021.
Dogecoin Will hit 1$, It's only a Matter of time ⏰
Grab Some with Low Risk & Hold with Patience, Holders will be Rewarded.
What is Dogecoin?
Dogecoin is a decentralized cryptocurrency created in 2013 based on a popular internet meme.
It has a fun and lighthearted approach to the digital asset space and has been used for charitable causes.
Despite its humble origins, Dogecoin has grown in value and remains popular among investors and enthusiasts.
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Dogecoin DOGE Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My Dogecoin DOGE Price Targets:
DOGE/USDT short
Entry Range: $0.070 - $0.080
Take Profit 1: $0.065
Take Profit 2: $0.055
Take Profit 3: $0.050
Stop Loss: $0.0.090
Doge | 4h Big Breakout short term | Want Perfect Entry?🙌🔥Doge | Big Breakout short term | Want Perfect Entry?
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Can DOGEUSD deliver another 3000%?looking at the log chart of past fractals we could be about to see a nice final wave 5 push up.
if this follows previous trends the potential would be for an additional 3000% from the current price, launching the doge from $0.20 to $6 (or more)
for this to happen the yellow diagonal trend line needs to hold as support and it is impressive that the price has consolidated above whilst the rsi has had time to 'cool' down ready for another run.
also the nearing fib circle could act as a form of resistance when the doge tries to move and strangely signals March '22 as a full moon or full reversal timezone (pending how price reacts to the fib circle when next challenged)
talking fib circles the upper circle pushes the potential upside beyond 3000% / $6
DOGECOIN Doge price is approaching "a prudent buying zone"The DOGEUSDT price is in a wide buying zone of $0.057-0.073.
If you believe in the Dogecoin project, or at least believe that Musk will be able to pump up the price of DOGEUSD again, then this is the right buying zone for you)
It is wise to place buy orders by "a grid" in this zone to end up with a "tasty" average price of DOGE in a medium or long-term investment portfolio.
If and when the long-awaited alt-season begins on the crypto market, the medium-term target of $0.16 and the long-term target of $0.33 for the DOGE price look more than realistic.
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Dogecoin hey everyone,
doge is trading along the weekly resistance trendline.. the movement of doge is the slowest of all... the price will either move slowly or very fast depending on how fast the bitcoin price rise.. overall the coin is trading in the uptrend direction now it's all about the volume now... The best option I can suggest about this coin is buy and hodl for long term
good luck..
DOGE NEW UPDATEHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the DOGE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You