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DOGE / UST

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DOGEUST trade ideas

DOGE/USDT Bullish Breakout PredictionDaily DOGE/USDT Analysis In the daily chart of Dogecoin against Tether (DOGE/USDT), the price has been moving within a descending wedge pattern. Recently, the price made contact with the bottom of this wedge, and with the current bullish momentum indicated by a 7.05% increase, there is a strong possibility of a breakout from this pattern upwards. Technical Analysis: Descending Wedge: Dogecoin has been consolidating in a descending wedge, which is typically a bullish reversal pattern. Recent Bounce: The recent contact with the bottom of the wedge and subsequent bounce suggest a potential upward breakout. Relative Strength Index (RSI): The RSI is at 37.69, indicating that Dogecoin is near oversold territory and may be due for a reversal. Price Prediction: Based on the analysis, it is predicted that Dogecoin will soon break out of the descending wedge upwards. After a potential short-term correction, the price is likely to move towards the target of $0.22888. This presents a good buying opportunity with significant potential upside. Disclaimer: I am not a financial advisor, and these predictions should not be taken as financial advice.
Long
by Maxnalie
If Doge will make a new high, this is probably the start.Doge has recently put in a big possible impulse leg, breaking the downtrend structure, and is at the 76% retracement fib of that rally. If this has been a valid impulse leg to start a new uptrend, a new low should not be made now. This offers a really high RR op in doge where about 60% needs to be risked to stop, over 100% is gained to a rest of the high and over 500% can be gained in just a big bull trap. Even without a new high, those are good odds.
Long
by holeyprofit
✴️ Dogecoin 4X SHORT (137% Profits Potential)Dogecoin produced the classic head and shoulders pattern, a top formation. It has been bearish lately, everything seems slow. Trading volume continues to decline... ➖ First, the bias is revealed. ➖ ➖ Then we see a strong challenge of support. After a period of suspense... Comes the drop! Everything can easily change; nothing is certain. 👉 If DOGEUSDT moves above EMA50 (0.15400) the bearish bias weakens. One can use any stop-loss based on risk tolerance preference. Ok, the numbers... ____ SHORT DOGEUSDT Leverage: 4X Buy-in: $0.16300 - $0.14200 Targets: 1) $0.13500 2) $0.12200 3) $0.11200 4) $0.10200 5) $0.09550 Stop-loss: Close daily above $0.17000 Potential profits: 137% Capital allocation: 3% ____ Thanks a lot for your support. Namaste.
Short
by AlanSantana
22