DOGE/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin went down for the second session in a row.
DOGE/USD started the week down to a low of 0.07409, having touched a high of 0.07615 the day before.
Since hitting a multi-week high of 0.0776 on Saturday, Dogecoin has traded mostly in the red, seemingly due to massive profit-taking.
This phase of bearish pressure seems to be pushing the price toward key support near the 0.0730 area.
the 14-day Relative Strength Index (RSI) is hovering near its own floor, at 50.00.
the price strength is seen at 50.35, MEM coin is now trading at 0.07458.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Dogeusdt
DOGEUSDT likely to head to daily support around 0.735On lower time frame, it seems the price wants to revisit the daily support from where it has bounce a couple of time in past week. The price was rejected from the confluence of weekly and 4h resistance current trading below it. I think the probability of it hitting the daily support DS1 is high and therefore a long is not favorable here.
🚀 DogeUSDT: Buckle Up for a Bullish Rollercoaster Ride! 🚀💎 DogeUSDT Insight: Currently, DogeUSDT is navigating a distinct channel pattern, consistently honoring both its upper and lower confines through numerous interactions.
💎 Trendline Alert: Within this channel, a pivotal trendline has emerged, marked by multiple touchpoints. A breach of this trendline might usher in sellers. Yet, this very scenario could set the stage for a bullish ascent.
💎 Volume Dynamics: Amplifying the narrative, we've observed a spike in trading volume accompanying recent price shifts, signaling robust market engagement and potential intrigue.
💎 Bullish Horizon: Paradisers, if this trendline rupture does beckon sellers, it might present a golden liquidity grab moment for those poised to seize a potential bullish rally. Stay tuned, ParadiseSquad, and let's navigate these crypto currents together!
Ride the SHIB Trend and Potentially Move Up with DogeAs an enthusiastic trader, you're probably aware of Dogecoin's incredible journey from being a mere internet joke to becoming one of the most popular cryptocurrencies. Its rise to fame has been extraordinary, capturing the attention of seasoned investors and newcomers alike. With SHIB making waves in the market, it's time to explore the potential connection between these two meme coins.
While it's essential to approach meme coins cautiously, recent market trends suggest that SHIB might be riding on Doge's coattails. As Doge continues to gain mainstream acceptance and establish itself as a household name, it's not surprising to see other meme coins like SHIB piggybacking on its success. This positive correlation could lead to a significant upward movement for SHIB, making it an intriguing investment opportunity.
So, why should you consider following the SHIB trend? Well, the answer lies in the potential rewards of early adoption. Like Doge, SHIB has garnered a loyal and passionate community, which has proven to be a driving force behind the success of meme coins. As more people jump on the SHIB bandwagon, the demand for this coin could skyrocket, potentially leading to substantial gains for early investors.
I'm not suggesting putting all your eggs in one basket or abandoning your existing investment strategy. However, keeping a close eye on the evolving relationship between Doge and SHIB could provide you with an exciting opportunity to diversify your portfolio and potentially capitalize on the meme coin phenomenon.
So, what's the next step? I encourage you to research, analyze market trends, and assess the potential risks associated with meme coins. If you find the correlation between Doge and SHIB intriguing, it might be worth considering a calculated investment in SHIB to ride the wave alongside Doge.
Remember, the crypto market is highly volatile, and it's crucial to stay informed and make informed decisions. But with the right strategy and a sprinkle of excitement, you might find yourself riding the SHIB trend to potential gains.
DOGEUSDT high time frame overviewHere is a long term view of DOGEUSDT. The price is currently trading just under the monthly resistance MR1. It bounce in June from a strong support confluence of monthly and weekly support. Its facing the resistance MR1+WR1 which is also confluence of monthly and weekly resistances. Since the price has been rejected from the resistance, usually it is likely that it will go to the next support. But since there is no follow through after that first weekly red candle, things are looking different. The current weekly candle is still in formation and currently it is green but lets see how it turns out at the end of the week. In case it remains a green one and trades under that resistance zone, then likelihood of it going above is higher and the next target for the price should then be weekly resistance zone WR2 and probably monthly resistance MR2. If we close current weekly candle red, then highly likely we are headed for weekly support WS1 and this case is currently not having a strong ground. Anyways, lets keep a watch on this one.
#BTCUSDT H1 : Long situation Hi Guys , Hope you well
As indicated in the chart, I have specified two buying positions, but you must receive confirmation for trading these in the lower time-frame and then enter. I remind you that the market is extremely confused. Trading in these intervals can be very difficult, so be very carefull.
SecondChanceCrypto
⏰ 10/August /23
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
WARNING: Upcoming middle finger formation incoming!In the world of cryptocurrency trading, there's a peculiar phenomenon surrounding DOGE, which may not catch the attention of casual observers. Referred to as the "middle finger formation," it has the potential to unfold unexpectedly, leaving retail traders unable to capitalize on a sudden surge in value. The term itself derives from the shape the price action takes, resembling an upward wave that defies conventional technical analysis methods, making it difficult for many traders to anticipate its occurrence.
This enigmatic formation holds the promise of an unforeseen pump, catching even the most experienced traders off guard. Its nature as a hidden opportunity adds to the intrigue, as only a select few are truly aware of its existence and can exploit its potential. Consequently, this presents a challenge for those seeking to predict and profit from market movements.
Therefore, it is essential for traders to remain vigilant and prepared for unexpected market fluctuations. Stay alert, for it is when you least expect it that the "middle finger formation" may manifest, bringing forth a sudden and significant surge in DOGE's value. In the volatile world of cryptocurrency, luck and preparedness play crucial roles in navigating the unpredictable landscape.
Good luck to all traders as they navigate the ever-changing tides of the market, especially in the face of this mysterious and elusive phenomenon known as the "middle finger formation."
🔴 DOGE USDT 🔴NO LIQUDITY SWEAP NO ENTRY.
STRUCTURE IS CHANGING ANYTIME.
EVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
DISCLAIMER- This is not financial advice.
Major breakout in DogecoinWill you take advantage of this exceptional opportunity?
Will you regret the past again?
Now is the time to use it
Dogecoin has broken its downward trendline in the past 820 days and is ready for a huge jump, please take advantage of this opportunity with capital management.
Major breakout in DogecoinWill you take advantage of this exceptional opportunity?
Will you regret the past again?
Now is the time to use it
Dogecoin has broken its downward trendline in the past 820 days and is ready for a huge jump, please take advantage of this opportunity with capital management.
BTCUSDT DAILY : Very complicated situationHi Guys , Hope You well
According to the previous analysis that I had in the daily time frame, Bitcoin started moving on its own. But due to some good fundamental news, it is possible that the price can even reach the level of 35,000 USDT . I recommend that you follow new analyzes and be very careful if you are in sell positions.
SecondChanceCrypto
⏰ 8/August /23
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
DOGE SIGNSL BUY/SHORT PRO SIGNALHello, dear traders,
In Dogecoin, we can engage in both short and long trades.
The red base, indicated by a price of approximately 0.0775, can be a suitable entry point for a short trade.
Similarly, the green base, representing a price range of 0.0740, is considered appropriate for entering a long trade.
The placement of the stop-loss should be based on your trading style and can be positioned behind the pivots. As for the take-profit, it should be determined according to the specified pattern.
Please make sure to pay attention to the conditional statement on the chart.
Wherever you are, I wish you happiness, good health, and profitable trading.
DOGEUSD h1 : LONG setupHi Guys Hope You well.
I decide to share you some position to trade . but please check the chart by your own result and research and do the best risk management and money management . Give the confirmation from lower timeframe.
SecondChanceCrypto
⏰ 6/August /23
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
🚀💎DOGECOIN Bulls Anticipating: Wil August Give $0.16 Breakout?🚀 Dogecoin Bulls are getting ready for the big breakout! It's August, and you know what they say, "New month, new opportunities!" These bullish champs are eyeing that elusive 0.1 price range, where they got knocked back in April. But wait, there's more! They're setting their sights on that stubborn 0.16 resistance, a real tough nut to crack since Oct 2022. A whole year of bear intimidation can't stop these determined bulls!
But hey, it's now or never for the bulls. If they don't make their move in August, brace yourselves for a September challenge. And trust me, nobody wants that! Staying above 0.11 is crucial; otherwise, we might face a catastrophic dump in September. Picture those bears running as far as 0.2, and that's not a pretty sight. So, to be on the safe side, let's secure some profits along the way. Who knows when those bulls' balls might need a break, right?
Keep an eye on the 0.12 range, folks! Even after a successful breakout, the buyers might have to pause or struggle to cross it. But hey, a little breather never hurt anyone, right? Pullbacks are part of the journey!
⚡️ MT DOGECOIN FREE TRADE SIGNAL ⚡️
(Calling all Bull Enthusiasts!)
👉 ASSET: CRYPTOCAP:DOGE (DOGE/USDT)
👉 ACTION: LONG
👉 1st ENTRY PRICE: $0.07238, 2nd Entry: $0.0756, 3rd Entry: $0.077 (Just in case)
(Start buying bit by bit!)
👉 STOP LOSS: $0.005 (A little risky, $0.006)
👉 1st TAKE PROFIT: $0.12
2nd TP: $0.16, 3rd TP: $0.18 (Aiming for $0.2, the extended target)
Remember, folks, this post is a living, breathing creature! It will be updated as the trade signal unfolds or if any failure warnings come knocking at our door. So, make sure you hit that "follow" button and boost your notifications! We've got your back, and we'll keep you in the loop! 📈
Disclaimer: Trading always comes with risks, and this post is for informational purposes only. Always do your own research and seek professional advice before making any financial decisions. Happy trading! 🤝
DOGEUSDT Technical Analysis Update📈 #DOGEUSDT Technical Analysis Update 📈
🐻 Trend: Bearish
🐮 Divergence: Bullish
⏳ Reversal Pattern: Double Bottom
🚀 Breakout Confirmed: YES
📊 Trade Idea:
📌 Buy Entry: Market order at current price
🛑 Stop Loss: 0.07254
🎯 Take Profit: 0.07847
#TechnicalAnalysis #Cryptocurrency #TradingOpportunity
📈 Trade with caution and do your own research.
💼 This is not financial advice, it's for educational purposes only.
🙏 Always use appropriate risk management and set stop losses.
💰 Invest only what you can afford to lose.
Happy trading! 🚀📊 #TradingView #CryptoTrading #InvestmentAdvice
SasanSeifi 💁♂️DOGEUSDT👉1D Hey there!
🔱 As you can see from the latest analysis, the price hit the targeted support level of around 0.060 and then bounced back with some positive fluctuations. Right now, it's trading at around 0.068. So, here's the deal: for a potential uptrend, we'd need the price to break above that important resistance level at 0.072 and stay strong up there. If that happens, there's a good chance the price could go even higher, possibly reaching the supply zone around 0.082 to 0.090.💹
◼But to get a clearer picture of what comes next, let's keep an eye on how the price reacts to the resistance range of 0.070 to 0.072. If it can't break through, we might see some consolidation and correction. In the daily timeframe, it is crucial to maintain the support range of 0.062 to 0.060.💹
🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.
🔹Wishing you loads of success in your trading adventures, my friend!✌
❎ (DYOR)...⚠️⚜️
🔶Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin (DOGE) extended its own stay in bearish territory on Thursday, as the meme coin fell by as much as 5% today.
The decline saw DOGE/USD drop to an intraday low at 0.07305, less than 24 hours after peaking at 0.07703.
As a result of this sell-off, dogecoin has fallen to its lowest level since July 24, which is the last time price was trading at support of 0.07000.
Similar to XRP above, Thursday’s decline comes as a result of price strength falling below a floor at 51.00.
The RSI is currently at a reading of 50.23, with DOGE trading at 0.07339, which is marginally above today’s bottom.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you