DOGS → the first analysishello guys.
it is a new coin and we have a lack of data.
Falling Wedge Pattern: Price has broken out of a falling wedge pattern, typically a bullish reversal signal.
Immediate Support Zone: Around the $0.0009864 level. A break below could lead to further downside.
Resistance Levels:
First Resistance: At $0.0011000; a break above could signal a move to the next target.
Key Resistance: At $0.0012655; if this level is breached, it could lead to a stronger bullish move toward $0.0014500.
Bearish Scenario: If the price breaks below the $0.0009864 support, it could drop further to the $0.0008177 level.
RSI Indicator: Shows a potential divergence, indicating a possible bullish reversal.
Outlook: Neutral, with a slight bullish bias if the price holds above the support and breaks key resistance levels. A drop below the support could turn the outlook bearish.
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DOGSUSDT
DOGS BUYDOGS/USDT Analysis: Hourly Timeframe 📊
The chart shows DOGS/USDT on an hourly timeframe with Buy and Sell forecast signals. Let’s analyze the upcoming opportunities based on the green and red lines:
🟢 September 8, 2024, 09:00 PM - Buy Date (Green Line):
This marks a local bottom, suggesting a favorable moment to accumulate long positions in DOGS. The price is expected to decline leading up to this point, creating good buying conditions.
🟥 September 9, 2024, 03:00 PM - Sell Date (Red Line):
This represents a local peak, indicating an ideal moment to take profits or tighten stop-losses as a price correction may follow shortly after.
🟢 September 12, 2024, 08:00 PM - Buy Date (Green Line):
Another local bottom forecasted for this date, offering another opportunity for long positions in DOGS.
🕒 Note: All times are based on Los Angeles time (UTC -7). There may be a possible margin of error of 1-2 candles depending on the timeframe. Cross-reference this analysis with higher timeframes for a more comprehensive market understanding.
What will happen to DOGS?As you know, there is not much data available from DOGS and it cannot be analyzed accurately, it is not clear how far the DOGS symbol will drop in terms of price, but DOGS can be analyzed in terms of time.
Before anything, pay attention to the time frame, the time frame is 1H.
When we put the red arrow on the chart, it seems that the DOGS bullish pattern has ended and the bearish pattern has begun.
A bullish pattern lasted for 5 days and 20 hours, and a bearish pattern is expected to take the same amount of time.
Until the date of the vertical line we have marked on the chart, the DOGS correction is expected to continue.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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Bull Thesis:
Five-Wave Structure: A completed five-wave structure labeled as wave (5) suggests a possible end to the correction, followed by a potential bullish impulse.
ABC Correction Completion: The corrective ABC pattern seems to be nearing its end, indicating the possibility of a trend reversal upwards.
Support at 0.0010845: The chart shows significant support around 0.0010845, which could serve as a base for a potential rally if prices hold above this level.
Bear Thesis:
Price Target of 0.0009633: The chart indicates a downside target of 0.0009633, showing potential bearish pressure if the current support levels are broken.
Rejection at Resistance: If the price fails to break above the highlighted resistance areas, a deeper correction could occur, pushing the price down towards the lower support levels.
Strong Resistance Zone: The area around 0.0011732 acts as a strong resistance, and repeated failure to break through could lead to a bearish reversal.
In summary:
Bullish if prices can break through key resistance at 0.0011732 and 0.0010845 and convert them to support
Bearish if prices fail at resistance 0.0010845 and breaks lower towards the 0.0009633 target.
Trade Safe,
Trade Clarity.
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Bull Scenario:
Break Above Resistance: If the price successfully breaks and holds above the 0.0010845 level, it could trigger bullish momentum.
Target Levels: Bulls would aim for higher levels, with potential targets around 0.0012 and 0.00125.
Higher Highs and Higher Lows indicates the trend at the smaller degree is up at the moment.
Bear Scenario:
Rejection from Resistance: If the price continues to reject from the 0.0010845 resistance, it could fall toward key support levels.
Downside Targets: Bears would aim for the first support at 0.0009999 and then the next level at 0.0009741.
Trend Continuation: Breaking the Lower Lows could lead to continuation of the down trend at the higher degree.
Trade safe,
trade clarity!
Breaking the downtrend lineDOGS has broken out of its downward wave from the top and is currently positioned at two key support levels, 0.00102 and 0.00096. A pullback is likely in this area, after which an upward movement toward the defined targets and resistance levels is expected. It is recommended to add this cryptocurrency to your watchlist and monitor its progress closely.
DOGS long setup / Bulls or Bears, Tell me in CommentsBINANCE:DOGSUSDT
GATEIO:DOGSUSDT
Hello Traders
💥Long position on DOGS
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.001097
0.001125
0.001158
0.001190
0.001221
0.001263
🔴SL:
0.00100
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
DOGS COIN PRICE PREDICTION AND NEXT POSSIBLE TRADE SETUPS !!SEED_ALEXDRAYM_SHORTINTEREST1:DOGS Coin Update !!
• Price Break its trendline and For short term Buyers showing interest in it 🫰
• Current structure look bullish.. If you want build small size long position with Tight SL🚨
•incase if its price get rejection from its current fib key level 0.010230$ then again i will look for buying opportunity at 0.00090$ & at 0.0008$
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Bullish Scenario:
What Needs to Happen: The price needs to break above the descending trendline and sustain above the 0.0010845 USDT support level.
Target: Move towards the next resistance levels, potentially higher than 0.0011753 USDT.
Bearish Scenario:
What Needs to Happen: The price fails to break above the descending trendline and continues to respect it as resistance.
Confirmation: A drop below the 0.0010845 USDT support level will confirm further bearish momentum.
Target: Move lower, potentially testing previous lows, and further downtrend continuation.
This analysis hinges on the price action around the descending trendline and key support/resistance levels. Monitoring these areas will provide clues on the next significant move for DOGS/USDT.
Trade Safe,
Trade Clarity.
DOGS LEVELSFrom a technical analyst's perspective, the chart for DOGE/USDT shows a clear downward trend moving within a descending channel 📉. Let’s break down the key elements:
1. Descending Channel: The price is moving within a well-defined descending channel, indicated by the black and red lines. This suggests continuous selling pressure and lower highs and lows. 📉
2. Support and Resistance Zones:
- Green Zones: These represent resistance levels, where the price may face selling pressure and could potentially drop. 💥
- Red Zones: These indicate support levels, where buyers might step in, and the price could bounce upwards. 🛡️
3. Current Price: The current price, around 0.0010409, appears to have recently bounced off the lower boundary of the channel, indicating a short-term upward move. 📈
4. Extended Channel: This note suggests that the descending channel may continue to influence price action, with the possibility of further downward movement unless a breakout occurs. If the price breaks out either upward or downward, it could signal a trend reversal. 🔄
📊 In summary, the chart reflects a strong bearish trend, but there is potential for short-term corrections as the price interacts with the support or resistance zones. Traders typically watch for channel breakouts to confirm a continuation or reversal.
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The technical analysis of DOGS >>> Buy LongNow that the selling pressure on SEED_ALEXDRAYM_SHORTINTEREST1:DOGS has been lifted, it’s a good opportunity to buy, as the price of SEED_ALEXDRAYM_SHORTINTEREST1:DOGS has reached its bottom, and there’s little chance it will drop any further. This is when to expect a price increase over the next 2 to 3 days. So, it’s better to make a purchase and wait for the price to rise.
DOGS COIN CRASHED _ DOGS COIN PRICE ANALYSIS AND POSSIBLE MOVES.SEED_ALEXDRAYM_SHORTINTEREST1:DOGS Coin Update !!
- Price hit its Buying zone area that i share in My Last analysis !!
• i bought it at 0.00098$ with 10% portfolio✅
Reason :-
• Price is in oversold zone and i am expecting now bounce back ❤️
• if you want you can buy it too .( if you are sitting in 100% USDT Like me )
Massive #DOGSUSDT Breakout or Another Fake-Out? Critical Levels Yello,paradisers! Are we standing on the brink of a major rally for #DOGSUSDT, or is another fake-out just around the corner? Let’s dive into the latest technicals and uncover the crucial price action you need to watch right now!
💎#DOGSUSDT is currently showing strong bullish signs, bouncing back from a critical support zone at $0.0011289. The cryptocurrency has been navigating a falling wegde pattern, but it has recently managed to break above descending resistance and is now testing the upper boundary. Holding above this newly reclaimed support level at $0.0011289 is essential for maintaining bullish momentum.
💎The immediate focus is on the resistance level at $0.0013715. A breakout above this point could trigger a substantial upward move, opening the path for further gains. A decisive move above $0.0011765 would serve as a strong bullish signal, potentially propelling #DOGS towards higher resistance zones and driving the price even higher.
💎However, caution is still warranted. If momentum weakens and the price fails to hold the current support, we could see a pullback toward $0.0010853. This level might act as a buffer against further declines, but it would also indicate a weakening of the bullish trend. Therefore, it is crucial to stay alert and monitor price action closely around these key levels.
💎In summary, #DOGSUSDT is at a pivotal point. A firm hold above $0.0011289 and a breakout above $0.0011765 are vital to confirm a continuation of the bullish trend. Keep these levels in focus and adjust your strategy accordingly as the market unfolds.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
DOGSUSDT📊 #DOGSUSDT
⏱ TIME: 30M
📝The price broke its support level and moved down.
It is now pulling back to this range and is expected to move towards 0.5 and 0.618 fibo from here. The range (blue box) is checked to see if it has reversal potential.
But if the green range is broken and the blue trend line is broken, it has the potential to move higher.
+ If it goes up, the analysis will be updated.
+Note: the probability of downward movement is higher than upward movement
⭕️risk: HIGH
📍BUY ZONE:
DOGS COIN PRICE ANALYSIS AND POSSIBLE TRADE SETUP !!SEED_ALEXDRAYM_SHORTINTEREST1:DOGS Coin Update !!
• I think its time to add small amount of SEED_ALEXDRAYM_SHORTINTEREST1:DOGS Coin in Your Portfolio...🫰
Reasons
• Price is now in oversold zone !!
• Selling pressure is Low.. !!
• Almost mostly traders get rekt ( low liquidation )
• whales will accumulate it.
• But don't use upto 10% fund if you want to buy it..🫡
• Buying range 0.00102-0.00097$
Jazakallah❤️
BEST TO LONG NOW ( DOGSUSDT) DOGS Price Prediction for Tomorrow and Next Week BY COINCODEX
Date Price Change
Sep 2, 2024 $ 0.001233 0.00%
Sep 3, 2024 $ 0.001299 5.34%
Sep 4, 2024 $ 0.001384 12.22%
Sep 5, 2024 $ 0.001488 20.63%
Sep 6, 2024 $ 0.001603 29.99%
Sep 7, 2024 $ 0.001718 39.29%
Sep 8, 2024 $ 0.001828 48.22%