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DOGEBTC trade ideas

📈📊 #ChartPattern Alert! 📈📊 📈 Falling Wedge 📈📈 What is a Falling Wedge? The Falling Wedge is a bullish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bullish reversal, with the price likely to break upward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two higher highs (upper trendline). Draw another trendline connecting at least two higher lows (lower trendline). 📈 What it Signals: The Falling Wedge suggests a potential bullish reversal, with buyers gaining strength as the price reaches higher lows within the wedge. It often forms during downtrends and can precede a significant price move to the upside. 📈 Trade Strategy: Consider buying when the price breaks above the upper trendline of the Falling Wedge. Set profit targets based on the pattern's height added to the breakout point. Implement a stop-loss to manage risk in case of a false breakout. Remember to validate your analysis with other technical indicators and conduct thorough research before making any trading decisions. Happy charting and trading! 📈💹
by RaffDN
DOGE-BTC 5DHello, and happy Sunday funday! Here is a view of DOGE coil in BTC on the 5day. We can see a clear path forward for exponential growth of the DOGE Fam, as we would hop up another level on BTC. Also showing continued "in level" oscillations, as well as a dreaded pull back in red, which has a nice fractal match to where it is pulled from... im just hoping the world turmoil we are suffering will trigger some money moves tot he coin of unconditional LOVE! Sit, Stay, Good Boy! Run Boy!
Long
by DHLawrence
DOGe vs BITCoinHello, Love removing a level of market manipulation and the inflation of the USD front he analysis of DOGe Coin. Showing here we may be entering a strong dominance period for DOGe over even the old King… Like David and Goliath. This trace is fit to the Elliot wave counts and level behaviors of the recent market moves. Solid lines are Support, Dotted are Resistance. This map is also in 3D… gotta stare at it till it pops, like that dolphin poster from 1995. Go Doge, Go!
by DHLawrence
DOGE/BTC - Dogecoin: Super_Trend◳◱ We've detected a Super Trend pattern on the CRYPTOCAP:DOGE / CRYPTOCAP:BTC chart. The Super Trend indicator is showing a bullish trend, indicating a potential trend reversal. The next resistance key levels are at 0.00000216 | 0.00000228 | 0.00000248 and the major support zones are respectively at 0.00000196 | 0.00000188 | 0.00000168. We may consider opening a trade position at the current price zone at 0.00000217 and benefit from the trend continuation. ◰◲ General info : ▣ Name: Dogecoin ▣ Rank: 9 ▣ Exchanges: Binance, Kucoin, Huobipro, Bittrex, Kraken, Hitbtc ▣ Category/Sector: Payments - Currencies ▣ Overview: Dogecoin is a playful cryptocurrency popularized by adopting the Shiba Inu internet meme. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00000217 ₿ ▣ 24HVol: 359.183 ₿ ▣ 24H Chng: 13.021% ▣ 7-Days Chng: 26.51% ▣ 1-Month Chng: 22.99% ▣ 3-Months Chng: -3.48% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00000216 | 0.00000228 | 0.00000248 ◢ Support: 0.00000196 | 0.00000188 | 0.00000168 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -21.37 ▣ Last 90D: -16.85 ▣ Last 1-Y: -16.63 ▣ Last 3-Y: -14.80 ◲◰ Volatility : ▣ Last 30D: 0.23 ▣ Last 90D: 0.39 ▣ Last 1-Y: 0.61 ▣ Last 3-Y: 1.01 ◳◰ Market Sentiment Index : ▣ News sentiment score is 0.58 - Bullish ▣ Twitter sentiment score is 0.46 - Bearish ▣ Reddit sentiment score is 0.40 - Bearish ▣ In-depth DOGEBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
Dodge could moveLook at the drop and remember the jump we had. I was sleeping in bed when the alerts went off last time for dodge. Missed soo much of the profit but I bought a bag. Was in and out within 3 minutes and paid for more than a month of fun living. X bank, X social platform and the dude actually could move off this planet unlike NASA nowadays... I just picked up another bag and I plan on getting more Sats out of the deal. Also I have a larger buy order above 100. Good luck with playing with those Sats if you got them. Make sure you check them old accounts. You might have something cool in hiding! Y'all know how to get into a pre 2019 Poloniex account in the USA???
by Polarbearman
✳️ Dogecoin Recovers From Bottom (Beyond 160% Easy)This is interesting here, the bullish signal comes in the form of a strong correction. The fact that Dogecoin (DOGEBTC) moved recently below its June 2022 low is a strong bullish/reversal signal. After 8 months of correction DOGEBTC went below the mentioned level but quickly recovered and is now trading above EMA50 with bullish indicators. As this support level was broken, a very strong double bullish divergence formed; MACD and RSI. All these combined gives us a clear picture as to what comes next. You can see it on the chart. Low risk vs a high potential for reward... Think long-term. Namaste.
Long
by AlanSantana
3
✳️ Dogecoin Double-Bottom vs LT-Higher Low, Targets & MoreWe read charts and based on what the charts are saying we extract trade signals. Chart reading is not about being right or wrong, it is about spotting opportunities that are skewed in our favor. For example, a trade setup with low risk and high potential for reward. The market conditions can always change... But if there is a drop, the risk is limited, in this case to around 10%. (Anybody can define their own risk, can be 5% just as it can be 20-30%) If the bulls win and the pair goes up, the potential to win is many times higher than the initial risk we take on. ✔️ We have a double bottom, March vs May. ✔️ We have a long-term higher low, June 2022 vs the current double bottom. ✔️ Another signal is the curve that just showed up on the MA200 indicator. When this indicator points down coming from the upside, prices tend to move towards it. These are three signals. ✔️ Short-term DOGEBTC is trading above EMA10 today. ✔️ The RSI is good based on the fact that prices are trading near support. ✔️ The last signal is the long duration of the correction, since November 2022 that's a long 6+ months. Corrections in this type of chart setup can go from 6-8 months. We are at 7 months almost... Patience is key, the market takes care of the rest. You can find additional details on the chart. A star is who you are. Namaste.
Long
by AlanSantana
1