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.
Dogeusdtlong
Dogecoin formed bullish Gartley | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Dogecoin (DOGE) with US Dollar pair
Prevously we caught a nice pump of Doge:
Now on a 4-hr time frame, DOGE has formed a bullish Gartley pattern for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Dogecoin On the Daily Chart (Price Analysis) Good day fellow traders! Here's my EYE on DOGECOIN on the daily chart.
DOGE is holding strong to this descending trendline and could be at a critical area of resistance that might hold and Move DOGE back down to the downside.
DOGE must break the .08840- .9003 LvL if it wants to continue on to the upside...
If this LVL Holds as resistance DOGE will go back down and test the .08515 - .0840 LVL of Support.
If this support does not hold, DOGE will go back down and test the .07447 - .08381 LVL.
The FLipside of this would be DOGE heading up to test the .09910 - .10721 LVL.
This is just my opinion of the possible outcomes of the Coin.
DOGE 2023 $we have a critical area to hold above the 0.065$, if we hold above that support we going to see huge bullish momentum till the breakout zone the 0.11$ if we break it we going to see another pump for 2 profit taking first around the 15 cent and the second around the 22 cent.
on the other hand if we broke below our ascending line , we going to have double bottom first above the 0.50$, if we don't hold it is means we going to see a new low for this year above the 0.28 cent .
DOGE Breakout Zones $we are about to have changing in momentum if we broke that triangle , and broke either up or down , the most important thing to watch out for is either breaking the resistant above , which will indicate the bullish run , or breaking the support down below which will indicate the bearish control .
Doge May be ready to pump Doge has been accumulating and has moved since its jump from 0.057 . also 0.070 is a strong liquidity zone for doge. The resistance now lies around 0.14, 0.13,0.127 zones. Any news over twitter 2.0 can pump doge. But as a risk-reward its always safer to buy close to a very high liquid area.
DOGE Breakout Zone here $we just got rejected at our breakout zone the 0.11$, if we continued to hold above our asending line and our EMA, we will see break to that resistant and going to 2 profit taking , first at 0.13$, and the second around the 0.15$.
I we break our sending line , we going to see a reversal at the support above the 0.087$.
$Doge 🐶 Swing Idea [If/Then]Let's start with 1. The 🐘 elephant in the room.
1. Now, for a swing position on a daily timescales - this Bullish Divergence is golden. It's literally blaring off the charts like a fog horn through the muddy waters of technical analysis. Take note and build from this. We are 🐂 Bull biased.
Now that the elephant has been addressed we can scope out confluence for entry points.
Take a look at the GREEN BOX labeled 'Buy Strong Vol. Delta Cluster' - with this information we can be sure that the majority of volume is BULLISH, there is more weight in the buying power than the selling power.
Now inversely, look at the RED BOX labeled 'Sell into Vol. Delta Cluster' - within this area there is strong selling pressure, we'll want to look at EXITING our position in this area with added confluence from the Fixed Ranged Volume Profile tool, RVWAP and the GOLDEN Fibonacci areas of resistence. I'll address this is section 3.
2. I forecast the Price Action range starting Nov. 9 to end on Nov. 25. Today's (Nov. 26) candles is required to close (IF) above 9c with CONVICTION, we can look for entry points at retest VALUE AREAS.
If today's candles does close as required, we can be confident any pullbacks will work as a retest of volume VALUE AREAS.
This is where it get's interesting.
The confluence of the Weekly and Daily candles closes lays specifically on top of the VaH AND the PoC of the 16 BAR FIXED Volume Range - See horizontal Blue/Yellow bar drawn within the 16 bar range for reference.
We can use these two points of confluence as ENTRY Targets.
Now we have our confluence data for entries, we can look at where we should be taking profit. NO ONE ever goes broke by TAKING profit.
3. We want to EXIT is style.
TP1 abbreviated as 'Take Profit 1' is lined in confluence from the inital breakdown from Nov. 7 AND the ORANGE DOTTED 'Rolling VWAP' which indicates RESISTANCE. This marks for an excellent take profit mark of 11c. Dollar averaging at about 25% again on our position, IF we were to take two entries at 9c and 8.5c combined.
TP2 is where I would close the ENTIRE position and look at entering shorts...
The confluence in the Fixed Ranged Volume Profile RED LINE - PoC and Fibonacci Sequences of 0.66 and 0.618 swing High/Low retracement values 16c-7c.
ALSO, the DELTA VOLUME RED box of selling pressure from the previous HIGH range bound Price Action.
^^^
Many areas of confluence to close the entire position.
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Close WHOLE position and look for smaller gain SHORT opportunities which would require further Technical Analysis at the time for exit plans.
DOGE AftermathMega twitter pump. I expect this to go up, however both sides are illustrated.
Res at 15c, after that 17c.
Big trend support created from start of pump lays below, though before that is a a fresh established support at 10c.
Fomc illustrated at the exact time it drops, volatility will come in.
Will update.
DOGE WeeklyElon's Shill Coin, DOGE, does not look like it will dissappear so we should accept it and embrace it. It broke very strong weekly resistance line but I believe we still didn't see any re-test.
Scenario 1:
If it decides going up without the re-test we can wait to weekly close above resistance to take some actions. After buying, we shouldn't forget to put some stop-loss order, in order to protect our investments.
Scenario 2:
I believe this scenario looks more possible since the market still looks bearish. If it goes to re-test the trendline, we can get some doge with stop-loss just under the support.
This is my trial. Not a financial advice.
DOGE $ Breakout we are about to test a critical level to confirm the bullish momentum for DOGE , which is at 0.0944$, if we broke that level we going towards the 0.11 profit taking then the 0.1255$, and if we got rejected and broke our current ascending line , we going to test first the 0.071$, and if we didn't hold it this time, we going towards the 917$ where we going to have a reversal and huge buying pressure once again .
its Possible for doge coin to reach 1.5$ in the near futureafter Doge coin finish its 5 impulsive waves in the past and then turn to the corrective ABC pattern ended and also ABDCE in the triangle coming to the end I think it can start new 5 impulsive wave in the near future …
its not a financial advice..
let me know your opinion about that..