DOGEUSDT UpdateDOGE ~ Update
#DOGE Our purchase was fulfilled, We will continue to make purchases in this demand zone 💰
Dogeusdtsignals
DOGEUSDT 3DDOGE ~ 3D
#DOGE Resistance that continues to be retested will get weaker.
We will start buying gradually inside this pattern.
Doge - go short positionOn the 4 time frame, a squeeze to the level.
A redemption candle that lures many players into longing.
On the daily timeframe false breakout of the previous day.
On the hour timeframe marked in green the zone of the false breakdown.
A big short player is taking a position.
Locally there is a shorting slope.
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Dogecoin - Elon Musk pushed volumes- Elon Musk has planted volumes.
- The level that is 0.92
- The trading triangle (which I highlighted with flags).
- If the market maker does not break the blue flag, it will be a strong buy signal, especially if the bitstock spills and this scam will stand.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
DOGEUSDT Broke above the 1D MA50. Is the MA200 next?*** ***
For this particular analysis on Dogecoin we are using the DOGEUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame where DOGE broke today above its 1D MA50 (blue trend-line) for the first time since September 24. The Twitter - Musk news certainly weigh on the price but as always the important developments lie in the technicals. We have decided that for a better understanding, it is best to show the longer term picture of Dogecoin which as you see since its May 2021 market top, it has been within a Channel Down pattern.
Right now the price is above its middle (0.5 Fibonacci) but it is critical to note that since late August, while the price was on Lower Lows, the 1D RSI has been on Higher Lows, i.e. there has been a Bullish Divergence. As you see, this worked in favor of the price that broke out today. It is best to view this rise a step at a time and target the upper Resistance levels involved, with the ultimate medium-term target the 1D MA200 (orange trend-line).
As you see this could replicate the rise to the April 05 High that was rejected on the 1D MA200 and the top (Lower Highs trend-line) of the Channel Down, so we can't yet call for a long-term trade until we get a closing outside that pattern.
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