Finally Doge Showing Some Strength Seems Like Ready For Massive Bullish impulse Descending Channel breakout has Already Confirmed Retesting In Process Incase Of Successful Retest expecting 40 to 45% bullish wave
Dogeusdt
DOGE: Falling Wedge BreakoutDogeCoin (DOGE) technical analysis:
Trade setup : Bullish breakout from Falling Wedge pattern, which could signal that buyers have finally absorbed the supply from sellers and the price could reverse trends. Confirmation would come if price also breaks above $0.07 resistance. The following resistance is 200-day moving average ($0.08).
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.055. The nearest Resistance Zone is $0.070 (previous support), then $0.100, $0.115.
DOGE Sitting At Resistance Area On D1Currently, DOGE Coin is trading at 0.0659 per trade. Based on my limited knowledge, if DOGE breaks its trendline, it will attempt to move upwards towards its resistance area at 0.0746. You can consider buying on its retest. However, if it fails to break the trendline, it may move down towards its support area at 0.0571.
Doge Coin – High Risk, High RewardTLDR:
DOGE has been in a downtrend since May 2021.
Overall DOGE’s price depreciated more than 90% since its ATH to its current value of 0.0619 USD.
Although the chart looks bearish, I have some reasons to be optimistic about DOGE’s chances of future recovery (Twitter).
This is a Degen play, not something to bet your house money on.
DOGE Coin Long Term Chart Analysis
If we examine the DOGE chart on the weekly timeframe, we can see a steady downtrend. DOGE’s downtrend has lasted more than two years.
A closer look at the chart reveals a Descending Triangle within a Descending Triangle.
Surprisingly, the Descending triangle broke to the upside and generated a 167% price appreciation.
DOGE remained within the larger Descending triangle but now it is forming a Falling Wedge.
The target of this Falling Wedge is a 125% price increase.
We do not know if and when DOGE will break out to the upside, much less if the breakout will generate much profit. A breakout of the weekly RSI line resistance could be a clue but by then a lot of profit could be already made.
This idea is far from certain. My approach is to buy a small bag and just sit on it until 2025. If it works-great, if not- also great. This a taco money trade. I don’t think that DOGE justifies more than that until it proves it has what it takes to break the downtrend.
Trade Idea:
Entry: 0.05 USD (wedge support line)
SL: 0
Target:0.34 USD
TP: 0.16, 0.34 USD.
Doge Consolidation$0.0747 - 0.0690 is new support resistance levels on dogeusdt consolidation. Also there is another triangle pattern inside this zone, it means that the market is getting ready for a huge pump , up or down we will see after Break out... If bears win this war they will try to reach 0.0495 level. Bullish target is 0.1010 level... I will update this post while the market will break this consolidation...
DOGEUSDT.1DHello dear friends,
*Mars Signals Team wishes you high profits*
This is a one day time frame analysis for DOGEUSDT.1D
We are in the daily time frame. As you can see, the price has become a support after reaching the first support zone. And it is oscillating towards our resistance line. Again, we have two scenarios in mind that we have specified for you with the guide arrows. If it cannot stabilize above the resistance zone, we are considering further decline. But if it can stabilize above our second resistance level, we expect the price to rise to a higher area.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
One last time downIt descended from the historical peak of the currency in three compound waves, and approached the last bottom after the decline in five waves, the remaining currency in the shaded area, which will be a beautiful area for gathering again to rise to the historical peak.
Note: The analysis was done based on Elliott's rules and the school of support and resistance
My goal is to protect your money from loss and pay attention to the bottom
DOGE long position 💣🚀Hello 🐋
Based on the chart
the price is close to the channel resistance and breakout of the descending channel to the upside has been completed, and there is 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 📖💡
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
DOGE one the nice demand area on 1D chart According to the location of the price, we can expect price growth up to two ranges in the mid-term
Doge ???Based on fibonatchi and trendline If the price drops more than 0.0491, the price will reach 0.02, and if it crosses 0.02, it will reach the next level, which is 0.009. Of course, the probability is 50%.
DOGECOIN - Big Move Coming!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 below blue structure
- Targets: 0.75, 1, swing target 4
Goodluck and as always, trade safe!
SHIBA - Return Of The SHIB! ✅It's been a while since we analysed SHIBA. We've been in a correction for almost 2 years but it looks like we're very close to the next big impulse.
We are currently in a WXY correction:
Wave W = 3 wave correction
Wave X = 3 wave correction
Wave Y = 3 wave correction
We are in the last wave of wave Y. All we have to do is wait for a breakout and join the move higher.
Trade Idea:
- Safe entry on break of red trendline
- Risk entry on lower timeframe trendline break (see update)
- stops under lows once red trendline breaks
- Will look to manually take profits as we move higher
Goodluck and as always, trade safe!
dogeThe trend is still bearish, in the first step, the price can look at this area as resistance and check the lower lines for buying.
DOGE - 81% crash is starting! (Sell all your coins, no time)
If you haven't sold DOGE, you should do it as soon as possible because otherwise you will experience a critical 81% crash. But fortunately, I am here to protect your funds, and in this analysis, I will tell you why this crash is going to happen!
First of all, we can clearly see that the price is moving in the descending parallel channel on the macro-weekly chart. The price is inside the channel, and we have a total of 5 touches. This is definitely a valid parallel channel on the LOG scale, and Doge remains in bearish mode.
What's more, there is a bearish head and shoulders pattern, and the price is very near its neckline. You still have time to react, but the crash could be very steep and disgusting, so what you want to do is short Doge instead on the futures market if you want to make money on this coin.
In April, Twitter changed its logo to the Doge coin logo. It was supposed to be bullish, so everyone was buying like crazy, but instead the price went down even below the starting bullish candle. It was clearly an April joke from the Twitter owners, and there was no plan to start a bull market. So why do they do that? Clearly, the investors that bought the news are at a loss, and an 81% crash is starting so...
The bottom could be at 0.618 LOG FIB, but I think we are going to go even lower than that. But this is definitely a good level, so you can buy Doge at the FIB for a short-term bounce and make money. It's going to be a great trade. Make sure you do not forget about this upcoming trade with a 200% profit. I will, of course, notify you about it, so set up notifications for my ideas so you will be alerted in your email when I publish new analyses immediately!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Overall, Doge is bearish, but I believe we will see a new all-time high, but it's not going to be soon. This coin is not going to zero, as it is valuable. We need more time so the whales can buy this coin at a cheap price!
Thank you, and for more ideas, hit "Like" and "Follow"!
✴️ Dogecoin 1 Year Later... Cryptocurrency Here To Stay!It's been a year since Dogecoin hit its bear market bottom; June 2022.
And this month Dogecoin also hits a year long higher low.
The correction/consolidation is now reaching 7.5 months. While my belief is that a bullish breakout can happen anytime now, it can still take between 8-9 months total.
So we can say that Dogecoin is about to go bullish within weeks but be prepared to wait an additional 1.5 months in the worst case scenario. What really matters is the bigger picture and the picture looks clear and clean.
We are going up again in 2023, then we will have another consolidation phase and this will lead to a new bull-market in 2024 that is likely to last until 2025.
It will be a great time to balance out everything that we have been going through and to erase all the negativity that the market received.
You can be certain about it, Cryptocurrency is here to stay.
Cryptocurrency is the present of money. Those familiar with this technology now are like those that were Internet savvy before the Internet was thing.
Imagine being everything the Internet in the 90s and that's what you have today.
If you are being deep into Cryptocurrency, in the next few decades, you will be holding "stocks", assets, that will be worth more than anything you can even imagine today.
It is all extremely cheap, compared to 10, 20 years ahead.
It is not about a single move or a simple trade.
This is the evolution of money.
Cryptocurrency is here to stay.
Namaste.
DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Dogecoin (DOGE) fell to a three-month low on Tuesday, as traders continued to react to the news that the SEC had sued both Binance and Coinbase.
The Coinbase suit alleges that the exchange has been operating as an unregistered broker, whilst Binance has been accused of violating U.S. securities laws.
DOGE/USD dropped to a low of 0.06483 on the news, which is its weakest point since March 10.
The sell-off comes a day after the meme coin was trading at a peak of 0.07163, but it has gone on to drop by over 7%.
the decline came as the relative strength index (RSI) moved below a floor of 33.00
the index is deep in oversold territory and is currently tracking at 29.33.
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
Consolidation Phase Implies Potential ReversalDogecoin (DOGE) has recently experienced a 7% drop, following the downward trend of other cryptocurrencies. Currently, the price is trading within a narrow range, indicating a consolidation phase and the accumulation of power for a potential sharp move. Technical indicators such as the oversold Relative Strength Index (RSI) at 37 suggest a possible price reversal or bounce back. The Exponential Moving Averages (EMA) show a short-term moving average (EMA 50) slightly below the long-term moving average (EMA 100), indicating a downward impact. The Moving Average Convergence Divergence (MACD) value of -0.00142 suggests negative momentum. Fibonacci levels provide support at 0.06311 and 0.06823, with resistance at 0.07334. Traders should closely monitor these indicators and market conditions for potential trading opportunities.
DOGECOINeI've made the decision to buy some DOGECOIN with a target of 0.82, 0.93 and a stop at 0.67.
indicator shows buyer strength
The information provided here is for informational purposes only and should not be considered as financial or investment advice.
BTCUSDT DAILY : LAST CHANCE FOR BUYHi Guys. Hope you well and start great week.
With the change in the daily and the decrease in the momentum in the fall, I expect to break the trend and enter the accelerated movement towards 32000.
SecondChanceCrypto
⏰5/JUNE/23
⛔️DYOR
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dog_usd analysisDealing with his own long-term trend line and reacting to it. Appropriate risk and reward
DOGE COIN near to support zone 🚀💣Hello 🐋
Based on the chart
the price is close to the channel resistance and breakout of the descending channel to the upside has been completed, and there is 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 📖💡
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
