DOGE.USD (Full Analysis Long-Term)Hello Friends 🙌🙌
How are you today?
I hope you feel great and always be happy.
Today I want to talk about DOGECOIN.
first, let me tell you something clear.
It's NOT financial advice.it's just a vision that belongs to me.
I try to give you a vision of the chart and the activity of the market makers and at the end of the analysis, I will tell you the best points to buy dogecoin for the long term. that's all.
Please read this analysis carefully.
I used the Fibonacci channel. it's the best tool to explain easily for those who know nothing about technical analysis.
Everything is OK? so, let's go into details.
I removed all the levels except 0, 0.5, 1, 1.5, etc.
0 is the bottom of this channel.
0.5 is the midline. and 1 is the top of the first channel.
1.5 is the midline of the second channel. and 2 is the top of this channel. and so on.
I changed this chart from candle stick to line chart to remove all the noises.
As you know to draw a channel by Fibonacci channel, we need two points at the bottom and one top.
I chose two green circles as the two points at the bottom. and also a red circle as the main point at the top.
After that, I extended this channel until the 6th channel.
you see a blue circle that collided with the price. now you can change the line chart to candle-stick
sound interesting.
Now, you can see all the reactions.
it means that this Fibonacci channel is valid.
As a result, expect to drop more.
because all the indexes such as SPx, Nasdaq, and Bitcoin need to drop more.
according to the above, I expect that dogecoin will drop more.
But where are the main support zones? 🤔🤔
the answer is I drew two red zones as the main support zones. if the price loses 0.055, the first support zone is around 0.04 USD and the next one is around 0.03 USD.
LET ME SAY YOU HONESTY. I want to put 50% of my order in the first support zone around 0.04 USD and the next 50% at 0.03 because if you draw a trend line from March 2020 to October 2020, you see 0.03 USD on a very important trendline.so, it's the best point to buy and hold dogecoin for the long-term.
is everything clear?
what do you think?
Do you agree with me?
do you think dogecoin keeps dropping more?
Please don't hesitate to write your comments below.
I'm so eager to read your comments.
And don't forget to like 👍👍, share 🔃🔃 this analysis with your friends, and write your comments below ✍️✍️
❤️❤️ Wish you health and wealth, my friends ❤️❤️
Best Regards 🙏🙏
Ho3ein.mnD
ELON
🔥 DOGE Bullish Breakout After 1.5 Years Of SellingDOGE has generally been trading bearish ever since the May 2021 top of about 0.70$.
As seen on the chart, the price has been bouncing off a stron diagonal resistance and horizontal support area, making a (bearish) triangle pattern.
With Bitcoin's help, DOGE managed to break out through the top resistance with force. I'm considering this the most bullish price action in around a year, which could be the start of a longer-term trend shift.
For now, 0.20$ is my target, stop under the recent local lows.
$TSLA Earnings Projection! Can the Weekly Downtrend Break?These are projections based on my form of technical analysis. So far regarless of the sentiment we remain in a lower time frame uptrend. We are at a downtrend started from the end of 2021 and with the market fearful the trend could easily change.
My bullish projection for a gap and go is 320
My bearish projection would be 196 with a wick and close at 217
Otherwise, if neither triggers are broken I would expect sideways option burn price action.
Remember Earnings are always a gamble, while I do believe the chart can show us, a side ways stock is a triggerless one.
$TSLA NOT SO FAST BEARS!NASDAQ:TSLA is my bread-and-butter stock. Yet I remain unbiased until a I have a reason. That being said, even with today's bearishness we still have much to break to the downside.
I see a reason to be bearish with selling being seen into these pops, and typically that's something to note, but in the same breath this can cause tension on the sell side, making it easy to pop.
Tomorrow, I see 253.50 as the candle close if we drop and chop.
IF this acts as a reversal point, we still have yet to fully test our downtrend. So, I will be looking for a potentially STRONG reversal up. This again will drive buyers into that move, and without 275.50 broken, we have no signal for CONTIUNATION.
TSLA is approaching a massive support trendtitle says most of it. Support trend is marked in green, and there is a high probability it bounces.
Two rejection trends are marked in red, they are weak enough that the support trend should hold.
Wait for the really small rejection trend to confirm, maybe around 236.63?? (this is my marked price, subject to change).
I would feel quite confident buying on this support trend for a nice bounce to the rejection trend, which oddly enough lines up nicely with the orange zone (current rejection area).
Lines are marked, Expect these to be zones (+/- to the next zone) where price action settles before another movement. (these are subject to change, but good to note)
Follow the trend.
DOGE - It is a Matter of Time ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
DOGE has been overall bearish trading inside the falling wedge pattern in blue and it is currently approaching the lower bound / blue trendline.
Moreover, the zone 0.055 - 0.06 is a strong support.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
As per my trading style:
As DOGE approaches the lower blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DOGE - Who Let The DOGE Out 🐶Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
DOGE has been overall bullish trading inside the rising broadening wedge pattern in orange, and it is currently approaching the lower trendline.
Moreover, the 0.07 is a strong support zone.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower orange trendline (acting as a non-horizontal support)
As per my trading style:
As DOGE is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless the blue support is broken downward, then the momentum will be shifted from bullish to bearish.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$TSLA Deep Dive TA LONGSo, as you can see on the chart 240 has provided strong reversals to the upside and of course is a large cost basis on the daily (see PBS video) So a gap down under this mark and hungry bears will eat that gap below. If we Bounce, then we have a gap above and I think this very dynamic will create range. A gap down would change that as we only have opinions above the chart and its triggers. Now above us we have 252, which is an area where buyers control the price. I expect if price settles above this, we will attempt a break of cost basis 257.00-.35. This mark is a HUGE sell wall on the daily and has been responsible for capturing price and pulling it down. Breaking this would displace the heavy sellers above and move us up.
Fake Elon Tweet to Pump Hex?Pulse chain launch was an obvious buy the rumor sell the news event for hex as it clearly began to plumett within mintues of launch.
Personally I am far from a hex maxi and find little to no use for it.
At the end of the day it has a chart, community of supporters, and past explosive style price action. At this point it is CLEARLY not a scam there is just little to no need for it in the real world like many other coins. Extremely HIGH RISK / Reward environment.
Currently there is a tweet from elon musk responding to a statement metioning a "hexidecimal" where elon responds jokingly with "I have a fondness for Hex". Clearly a joke statement mimiking another three letter word spelled nearly the same.
Regarless Richard Heart was able to swoop in an take advantage with a response of thank you sparking a retweet frenzy as though elon was tweeing in support of it. Congrats hexicans lol.
Looking at a 4hr line chart it appears to be forming a possible cup and handle with very large swing trade ranges.
Not trading advice just an observaton. Trade accordingly if you choose.
DOGE : NEXT UNEXPECTED BREAKOUT? $0,13The trend shows an interesting view for Doge.
The big question is if Doge is going to break out unexpectedly since some patterns show an important trend signal that is able to break out in a breakout confirmation.
The zone where Doge is now is the previous zone of increase.
Interesting to follow and to see if we are going to get an unexpected low time frame breakout from the doge.
$0,13 will stay for the coming important target.
Doge is a high-risk coin and should only trade with good risk management.
There are no guarantees in the markets.
Doge is known for unexpected breakouts that sometimes run out of the price action of BTC.
There is no reason always to expect that price action will change in a fast time frame. patterns showing only the interest and possibility of a breakout.
🔥 DOGE Breaking Out Of A 2-Year Downtrend - Twitter Hype!Last week I made an analysis on DOGE and the fact it was about to break through a 2-year downtrend. As of recently, DOGE has finally broken out, helped by Twitter's highly anticipated payment system.
The hype is mainly based on Musk's earlier comments that he wishes to make Twitter part of the global financial system and that he sees DOGE tokens as a way to make financial transactions with.
IF DOGE will be announced to be part of Twitter's financial system, we can expect the demand for DOGE tokens to soar to new all-time highs.
Exciting times for DOGE investors.