Dogeusdlong
A rare trade I make on DOGEUSDTOkay, we've all got an idea about dogecoin. Some think it's funny, others say it's ridiculous but some newbies make money on it and put experienced traders to shame for ignoring it's hype and price manipulation. I belong to the latter category however, this time I do see something interesting.
Price has been making higher lows and it formed an ascending triangle. I see a breakout pattern that could take us above 0.45.
SL at 0.36.
$DOGE - CORRECTIVE WAVE DONE Hello traders,
The last days have been rough for doge coin and cryptocurrency in general, doge coin lots around 80% of its current value and made a new dip.
As we can see on the chart, the price made an ABC corrective pattern which is now done, indeed, it went back down to the reload zone ( between 0.618 and 0.786) to permit to the wales to buy more and more.
What's next ?
As we can see on the MACD, there is a tightening of the momentum which means that the price could spike up or down in the next hours.
The OBV shows that despite the huge dip, the total volume of transaction didn't decrease at all which is good new for the bulls.
The new wave which is forming right has beaten the first stop (not drawn on the chart), so we can expect a consolidation before going back up to the short reload zone (red square) and potentially break the all-time high
How much doge coin do you have in your wallet ?
Doge is resting quite well. Long term still bullish.When other cryptos were crashing in a flash, strong Doge was holding support levels. Possible path to new highs - close above 0.328, then close above 0.3655 and then close above 0.398 would give final thrust to new highs as long it doesn't close below 0.24 any day. Note that 0.328, 0.365 and 0.398 are resistance levels for now. Those resistance levels need to be conquered by bulls in show of strength to keep moving forward. Some pullbacks along the way are okay.
Doge is Preparing for Breakout 🚀🚀🚀🚀🚀🚀 Hello Dear Traders,
as u can see in chart doge has formed a ascending triangle and its preparing for another leg up, when btc dumped doge was stable no major impact of dump was seen in doge.
i think its again preparing for pump. its already on top so i recommend just invest 1% of capital in doge.
Dogecoin is bullish again for the next weekMy view on Dogecoin for the next week, based on the patterns that has taken place the last week.
Blue = Very optimistic
Green = Pretty optimistic/realistic
Yellow = Very realistic
Orange = Pretty pessimistic, slow realistic.
THICK WHITE LINE = DOGEDAY prediction for next tuesday 04/20!
I don't see it to go down for now because it has found a strong support on the 0.22 and 0.26 area. NOW it's also respecting the last uptrend line for this moment.
It is narrowing down from the upper and downside, strong bullish momentum coming up OR a long period of consolidation before going up.
FUN FACT: the blue area on the chart (the blue square box area) is 20th of april, also known as DOGEDAY. The doge fans will try to push dogecoin to $1,- THAT'S 3X THE VALUE ON WHAT IT IS RIGHT NOW!!!! :D
I personally think it's honestly a bit too optimistic for the moment, but I surely think that it will hit $0,50 or maybe $0.60 before retracing back down again.
My personal recommodation would be: buy dogecoin now and hold until Tuesday/Wednesday at latest before the retracement back down. OR: buy now and hold for the next 2 till 10 years. Because it's going to be a wild ride! That's for sure! :)
DOGEUSDT bull run not over yet!DOGEUSDT (30M Chart) Technical Analysis Update
DOGE/USDT currently trading at $0.138
Buy-level: Above $0.145 (only buy if 30M candle closes above $0.145)
Stop loss: Below $0.122
Target 1: $0.155
Target 2: $0.165
Target 3: $0.175
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Let's Hope DOGE Starship Is As Good As SpaceX. 20% Potential !Hello dear trader!
My expectation with BINANCE:DOGEUSDT DOGEUSDT is high. I really think that it will produce a growth at least 20%.
We can se an accumulation in the descending triangle.
The Descending triangle is very bullish in the D1 time, which gives us a positive indication of its moves.
Also check the Stoch RSI and the MACD, both representing BULLISH signs.
The Ichimoku cloud represents that we are above the green cloud, which is good, but the cloud not too thick, which can be dangerous.
Also a H&S Pattern can appear if it leaves the triangle upward, which can cause a huge nosedive in the middle-end of march.
However, keep in mind that Elon Musk can make an influental twitter post which can also give a shot for the DOGE memecoin. :)
According to the technical analysis tools, BULLISH days will come VERY SOON!!!!
Enter the trade carefully, make some stop loss, maybe around the bottom of the cloud, or BUY AND HODL! :)
Have a nice day, don't let market to control your feelings.
Best Wishez,
Arokthomasso
DOGE BREAKOUTJust as I predicted,
right after the enormous flag it formed DOGE/USDT was either falling or rising. It decided to rise.
And you can see that right after it touched the fibonacci level at around 0.065 it got rejected but this is not a bad indication,
It may still continue to rise after such a big pump in less than an hour !