Dogeusd
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
✅TS ❕ DOGEUSD: reached the support area✅✅ Dogecoin has reached support.
The chart is moving in an uptrend, in the support area.
The price will continue to rise if it fixes above the area. ✅
🚀 BUY scenario: long to 0.0759. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
🚀Short-Medium Term $DOGE #Long Setup🚀#dogecoin #doge $doge #dogetothemoon
A short term descending wedge has formed, with the lower timeframe RSI's reset, down and away from the local POC. The bottom of this wedge has hit the immediate 0.618 fib level, however that more "macro" 0.618 level has yet to be reached. Coincidentally, the measured move of an invalidation would, in fact, take price down to this "Golden Zone". Here, I've laid out 3 different possible outcomes.
1) Wedge plays out and a new high is made around $0.083
2) Wedge invalidates and upwards short-term trend is lost and price bounces at the "Golden Zone"
3) "Golden Zone" is surpassed and the high-volume node below it catches the knife and price bounces even further.
#NFA #DYOR
Awaiting doge breakout of channelDoge is in a declining parallel channel. Awaiting breakout of the channel, and clearing the moving averages will setup a long to 0.96, then 0.108 and 0.146 resistance levels.
The rsi is also supportive of such a move with it currently trending upwards and not in an overbought position.
The MACD is also beginning to trend upwards with the MACD line crossing over and signalling a upward trend.
The rate of change ROC is also trending upwards but a note of caution: a pullback in the roc and then the breakout would result in a stronger indicator signal.
Volume is also starting to trend upwards over the past week compared to the preceding period of 27 Feb to 08 Mar, this signalling a move is impending which will have market support (and is more likely to form a trend as opposed to just a temporary spoke or bull trap).
İf taking a long position, depending on risk appetite, putting in a filter of 3 days from the breakout to avoid a bull trap might be advisable.
Alternatively, rejection of the upper boundary of the channel and/or moving averages will setup a downward mice to 0.69 then 0.67 and then to the bottom of the channel.
Best approach is to await a decisive action and enter then with SLs based on chart structure.
DOGE IS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT 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
DOGECOIN - Breakout Soon??We can see that Dogecoin is giving us a perfect example of an impulse. We are currently in wave 4 and looking for a breakout. For confirmation, we are waiting for the break of the red trendline.
Trade Idea:
- Watch for breakout using the red trendline as confirmation
- price to stay above blue structure = invalidation level
- Targets: 0.75, 1, swing target 4
Goodluck and as always, trade safe!
DOGE COIN near to support zone 🚀Hello 🐋
Based on the chart
the price is close to the channel resistance and possibility of the retest to this area ✔️
and
we expect to see gain and pump from here, besides the range market is acceptable scenario too 📖💡🚀
the main
point is that for any huge pump and gain, we need more new volume 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
✅TS ❕ DOGEUSD: above the range✅✅ DOGE trades above the range near the support level.
The asset is oversold.
Price may bounce back. ✅
🚀 BUY scenario: long to 0.0677. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments