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Dogeusdtidea

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.
Long
by angela_altair
DOGEUSDT likely to hit daily support before moving upDOGEUSDT hast been trending down for a while after getting rejected from the daily resistance DR2 and then DR1. Now it is trading between weekly resistance WR1 and daily support DS1. The likelihood of the price to visit daily support DS1 is high. If the price hits that support, it should have a good bounce from there. A predictive path of the price action for this trade to play out has been depicted on the chart. Lets target first the price to hit DS1 and then we update this idea regarding the long paths of this trade.
by angela_altair
1
DOGEUSDT bouncing off daily support. Likely to head higher.The price almost hit the daily support area. It will likely move upward now and pass through the above resistance in this go. Next resistance for this move up would be the monthly resistance range 0.1330-0.13790. Overall price direction is just depiction of a possible path how it might play out. But the idea of the direction is likely to be this. Anyway, the post will be updated after the first step to tap to weekly resistance has been achieved and a new direction and analysis will be provided.
Long
by angela_altair
3
DOGEUSDT Analysis (Local Setup)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 0.084 and 0.09 after first target reached move ur stop to breakeven Stop: ~0.065 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 2 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
3
DOGEUSDT located between 2 levelsDOGEUSDT located between 2 levels The formation of an ascending or descending conal is very difficult. you need to wait for the breakdown of the level to determine the direction of the price movement ❤️ If you find this helpful and want more FREE predictions on TradingView . . . . . Please show your support . . . . . . . . Click the 👍 LIKE button . . . . . . . . . . . Leave your feedback below in the comments! ❤️ I use all my transactions in real trading in my account, my account has already reached Profitability: 1549.04%🙏!❤️ It's your turn! Be sure to leave a comment and let us know how you see this opportunity and prediction.
by QuantumLabSignals
DOGEUSDT Analysis (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 0.14 - 0.16 - 0.19 after first target reached move ur stop to breakeven Stop: ~0.095 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
2
DOGEUSDT Analysis (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 0.16 and 0.19 Stop: ~0.11 (depending of ur risk). ALWAYS follow ur RM . after first target reached move ur stop to breakeven Risk/Reward: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
15
DOGEUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 0.32 - 0.4 - 0.45 after first target reached move ur stop to breakeven stop: ~0.18(depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions.
Long
by trytofeelpositive
11