Dogeusdsignals
DOGEUSD Potential for $3.50 - 5.50 on the next Fibonacci peak.The pattern on DOGE is a Channel on the Fibonacci scale since last November/ December when the 0.005 High broke.
Since then, every High crossing has resulted into a break-out towards the 3.0 Fibonacci extension.
Every consolidation phase traded within a maximum of 2.00 Fib interval.
The current is within the 3.50 - 1.50 Fib levels of the Channel. Assuming that the April 23 ~0.1400 low holds, then the 3.0 Fib extension, when the April 16 ~0.4800 High breaks, will be around 5.60. Assuming a scenario where the current consolidation is longer than the previous, then it is possible that the 4.00 Channel Fib ext won't be crossed on this phase. That puts the Target Zone of the next peak within roughly $3.50 - 5.50.
How realistic is this for you?
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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.
DOGEUSD long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
Doge ready to bullish again??continue the analysis of the past doge.
At the moment, it seems that the Doge is still unable to show a reversal to bullish, but that does not mean that the Doge goes into Bearish.
The doge is still in the corridor of the bullish trend as long as the doge does not fall more than validation 2 at 0.04
There is a possibility that at this time a minor correction move such as the yellow line and the Doge will continue its bullish trend again.
But whatever can happen, we still have to keep the risk to a minimum, so let's invest wisely in this coin.
I personally believe Doge will be able to hit the 0.4 price level for some time to come, but that doesn't mean Doge will go straight to 0.4 right? that's the importance of minimizing the risk of investing.
DOGE/USD LONG SET UP (MAJOR BREAK OUT ZONE)Dogecoin seems to have jumped into life as it was announced that the digital asset was listed on Robinhood’s crypto platform. So now the price of Dogecoin is boosting up by 20%! The US crypto platform has announced that they will now be listing Dogecoin as an asset for trading. Robinhood’s cryptocurrency platform is available in seventeen states and got its first time in the news after it made the decision to launch a zero-free Ethereum and Bitcoin trading earlier this year. The Robinhood crypto platform is allowing further offers for consumers to access Bitcoin Cash and Litecoin
BUY DOGE/USD ON ROBINHOOD
ENTRY 0.00248
ENTRY 2 0.00255
TP.1 0.0031
TP.2 0.0062
TP.3 0.0078
TP.4 0.01
DOGEUSDT formed bullish Shark | Upto 59% expectedThe Priceline of Dege has formed bullish Shark pattern and entered in potential reversal zone and ready for bullish divergence at any time.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of Doge price action's moves:
After inertial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between $0.00211851 to $0.00188621
Sell between: $ 0.00243593 to $0.00301757
So this mid term trade has potential to produce upto 59% gains.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
DOGEUSD Buy Signal ahead of the Golden CrossThis is not based on any standard technical pattern. I am simply taking the buy approach here as DOGE is replicating the 2014-2016 cycle.
In particular is has entered the final consolidation phase before forming a Golden Cross on 1D, which will be the signal for a test of the 0.0070 September 2018 High. The same pattern it followed in 2016. See the similarities also on the previous Lower High within the 0.500 and 0.382 Fibonacci as well as the Golden/ Death Cross coherence.