Dogeusd
Twitter logo changes to DOGECOIN pupHi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Bullish for Dogecoin? In recent developments, entrepreneur and philanthropist Elon Musk changes his recently acquired Twitter logo to the Dogecoin Face. Bet you didn't have that on your bingo cards for 2023 ! Although I believe in the strategy of "selling the news" , I do believe that Dogecoin will explode after a short pullback. From a technical analysis, my first target would be the Fibonacci Retracement at 0.236 as pointed out on the chart.
After Elon Musk has successfully acquired Twitter for $44 billion (which has caused a surge in the value of cryptocurrencies, particularly Dogecoin), he has decided to change the look and feel of Twitter. One might image him asking, "why so blue?"
Dogecoin, which was initially created as a joke in 2013, has gained popularity due to Musk's support, who has referred to it as the "people's crypto" and the "future currency of Earth". Musk has also implemented Dogecoin as a payment method for his companies, SpaceX and Tesla, and proposed using it as a payment method for Twitter's premium service.
Incase you missed it, here's everything you need to know about the DXY and the dangers of losing it as the world reserve currency 👀
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DOGE GO TO MOON VERY SOONHi, 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
DOGEUSDT.PIf you are considering entering a short position on DOGEUSDT, it is important to carefully consider your risk tolerance and investment objectives. Shorting a cryptocurrency involves betting that the price of the asset will go down. While this can potentially result in significant profits, it also carries a high level of risk. If the price of DOGEUSDT were to rise instead of fall, your short position could result in substantial losses.
Overall, whether to enter a short position on DOGEUSDT or any other cryptocurrency is a decision that should be based on careful analysis and an understanding of the risks involved. It is always advisable to consult with a financial professional and do your own research before making any investment decisions.
elon musk ponzi coin setting up for a new dump🔸Hello traders, today let's review the daily price chart for DOGE , recently nice pump
was generated by the elon musk's zombies, and therefore DOGE popped hard off the lows.
🔸This market structure in progress resembles XABCD pattern setup, bearish once it's completed
at point D, so limited upside beyond 10/11 cents. Also most rips/rallies get sold in doge coins,
since it's a vaporware / ponzi scheme.
🔸The XABCD structure point X set at 10 cents, point A set at 7 cents, point B at 9 cents,
point C at 6.75 cents and finally point D is set at 10.75/11.75 cents. We are currently almost
maxed out and points X/A/B/C are already complete, only point D still pending.
🔸Recommended strategy in this market: bears should be looking to execute sell orders near
point D, once we get a reversal confirmation. It's recommended to use other indicators, such
as RSI on higher TF to confirm reversal.
🔸Keep in mind this is a swing trade setup for position traders, so naturally setup
will take more time to complete, I recommend to do your own due dill and use a tight SL
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
DOGEUSDTFolks don't short please until this support got broke to the downside but for your my long position which is opened from 0.74$ which is still open i didn't closed yet because i believe on my own analysis because of a lot pump ahead in DOGE
my targets for long-term are 0.11, 0.13 and 0.26 and 0.32 cents
DOGE - Forming a bull pennant! Here's a quick look at the 30 min DOGE chart. Following a significant upward movement, the price has entered a phase of consolidation, resulting in the formation of a large bull pennant. A bull pennant is a bullish continuation pattern that typically has a 70% chance of breaking to the upside. Should this bull pennant be breached, it would suggest a continuation of the bullish trend, and as such, it is advisable to monitor this development closely.
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The idea is: Buy when the price breaks above 0.1022$ and take profits at the levels shown in the chart.
Targets:
1. 0.1033$
2. 0.1048$
3. 0.1100$
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With regards to Altcoins:
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Follow me for daily profitable trading setups.
BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
In order to continue the uptrend from a long-term perspectiveHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(DOGEBTC 1W Chart)
The key question is whether the price can sustain the move above 0.0000 0369.
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(DOGEUSDT chart)
From a long-term trading perspective, we expect the price to hold above 0.13377 for a full-fledged uptrend to begin.
Therefore, it can wobble up and down in the range up to 0.13377, so we need to seek countermeasures against it.
From a trend perspective, the key is to keep the price above 0.09220.
If that happens, it is because the price is maintained above the M-Signal indicator on the 1M chart, so it is more likely to continue the upward trend from a long-term perspective.
If it causes a decline below 0.08285, it is important to find support around 0.07296.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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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
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-$0.1580)🔴 (about 40%), which, of course, does not affect the wave count.
Dogecoin Analyze ( DOGEUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DOGE - Watch for a break above this bull pennant! Here's a quick look at the 4D Logarithmic chart for DOGE. It is evident that the price is on the verge of breaking out of the massive bull pennant to the upside. This recent upward movement can be attributed to Twitter's adoption of DOGE as their desktop logo! There is significant upside potential if the price manages to break through this massive bull pennant!
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The idea is: Buy when the price breaks above 0.11$ and take profits at the levels shown in the chart.
Targets:
1. 0.119$
2. 0.149$
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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!
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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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!
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".
If you like the idea and benefited from it please like , share & comment to keep us motivated.
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.
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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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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!