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DOGEBTC trade ideas

Dogecoin Getting Closer To Breakout!Dogecoin (DOGEBTC) continues trading within the "accumulation zone"... Every day that passes we get closer to a bullish breakout. Right now the MACD supports a bullish move and the RSI is looking good. Both indicators are still showing some weakness, not fully bullish but starting to move in favor of the bulls. With prices moving above EMA10 after 3 months of consolidation... The jump can happen anytime now. NOTE: Just as DOGEBTC can break up in a few days, it can also take several weeks... No strong signals are in yet. Still, this is a good support level to buy and hold. You can always use a tight stop-loss for a very low-risk trade, with very high potential rewards. Namaste.
by AlanSantana
4
DOGE/BTC with 100%+ potential upside if trendline holdsPretty self explanitory. DOGE has been in a downward spiral the past few months after hitting an all time high of 60 satoshis. 25 satoshis is strong historical support. However, be aware it has dipped as low as 21 satoshis last year. RSI has flipped to the upside...but unimpressive volume and no follow through. I'd like to think this idea is valid if it can hold 25 satoshis. Else, I really wouldn't want to be part of a trade if it breaks that line. Resolution of the formation should come by the end of september/early october, at which point it will most likely either break to the upside hard or break down another level. I'd recommend not trading this on leverage, as btc has been quite bullish lately, and the trade volume on DOGE is virtually non existent. I'd say this is a medium risk trade, so be cautious and use a small portion of your capital. This is not financial advice.
Long
by ninjacookies
8
$Doge is NextMany coins have made a substantial increase in satoshi price. Doge coin has just stayed between 29-31 sats. Not for Long. When Doge moves it moves very fast GET READY The squeeze on the Bollinger band suggests a price increase is imminent. The Stochastic RSI is turning back bullish and should be confirmed by tomorrow or the next day. When you look at the weekly the 20 MA is holding as support. You cannot really relay on other indicators as price action will be too quick
Long
by GlobalTrader_
1
The joke is overI have been trading DOGE for several years now. Selling off on pumps but I believe the joke may be over. DOGE has always beat the odds so I could be putting my foot in my mouth. Most likely its about time to take it off my watchlist. It is not a good performing coin. The history vs BTC has the evidence. The green dotted trend line is its lifecycle lows. As you can see it crosses zero, not good for long term. What is really disappointing is this pump is really weak compared to the previous pumps. Last 5 out of 6 pumps over 100 CCI have turned into corrections. It could bounce like in mid 2017 but I won’t bet my money on it. Not with much better projects in the space.
Short
by Priddy23
3