DOGUSD trade ideas
Another Look at DOGE - Pure Speculation based on HistoryThis is another chart purely based on historical price action and the chart looks pretty bloody good.
However ...... Between Kabosu's death (R.I.P) , the myriad of new meme coins being generated ( ..and rugged) and questions over any future utility that DOGE may have. Can it continue its pattern ???
Doge: When there is blood....,Setting up first trade since my previous count got invalidated and stop loss hit. Risk to reward is pretty good here. If things go as planned, there will be profit taking along the way. Looking for first leg to reach $0.15- $0.16 where I will take out half of original capital and look for a B wave for a reload. Let's see how it goes.
Heads up on DOGE lowest drop these days!I am looking at the lowest DOGE price these days and prevent liquidation for positions which trapped and there is no alarm on what might be the lowest price when most account discuss bullish scenarios! Following the previous market attitude, I guess the lowest dip we might have on DOGE price is about $0.10183 then RSI will recover from that point (Monthly and Weekly RSI still have some room downward.)
Please share your thoughts if you agree or disagree!
DOGEYou hear a lot about 'generational' entries...
This one's actually generational.
1/16 DOGE
No new lows under .10.
Ever.
Dogcoin - Bullish CampaignMassive support level is kicking in while the Dogcoin is pulling back of off 0.1030. We anticipate a turn around that will kick start the next bull cycle. Important resistance key-levels to target are at 0.1198, 0.1426, 0.1603, 0.1869
A shameless DOGE copy-past from previous cyclerevised DOGE Chuvashov fork.
if the line holds (and i'm betting it will), we should get a few more months of consolidation followed by explosive move upwards.
Dogecoin Reaction, 4-wave of minor degreeMy forecast from April 2 worked out perfectly. The targets are achieved.
I have not met a more accurate analysis on the Internet, everyone was wrong.
Now I am anticipating a reaction within the 4th wave of the lower degree.
Good luck and have a massive profit!
Dogcoin - Bullish OverviewPrice action is hitting major support level at 0.1200 and may find a bottom. We are picking it up for a bullish campaign. Next immediate resistance is at 0.1387 - Our secondary profit target. Next major resistance is at 0.1600 - Our primary profit target.
Doge: just got complicatedHappy Birthday USA. Market just took a dump and invalidated several of my EW counts. Doge breached the unbreachable area of $0.107. That will make it a lot more complicated to track the price action. At the moment, there is no trade. Elliot wave perspective, several alternative counts are active now. Need to wait and see which way the price will unfold.
1. Bullish count: Primary wave 4 completed and price action since Oct last year is a leading diagonal. The price swings will need to be subdivided into 3 wave structures. It can be fitted. For this to correct, price needs to break over at least $0.32 in the next 3 to 6 months in a 3 wave structure. The trade will be at wave 2 following the completion of leading diagonal wave 1. I is usually a very sharp and deep wave prior to rocket.
2. Bearish count: Primary wave 4 is still in progress. March high was just the X wave and now Y wave is in progress. So far I can see a 3 waves down. So, it can either be a flat or a zigzag. Flat correction might bring price down to retest the $0.05 lows. Zigzag correction might take thing a lot lower. I don't think I will be shorting this at this stage. The trade now will be to wait till a bottom is confirmed and an uptrend is established.
Doge sellDodge is currently at the support level of 0.10 to 0.11 cents and it is likely to continue its growth in these price ranges, but on the other hand, according to the daily chart of this currency, it is breaking its upward trend line, and if the bearish candles If it continues, it can continue to fall until the support of 0.08 cents
Stf if you are not a doge loverI posted a doge short analysis months back now back again with the long let’s hope the probability play out in our favor higher time frame analysis and historical data considered
Doge target confirmationAccording to my anticipation the total crypto market is in ABC correcting structure. All the rise in 2023 year was on reducing volume. There are also other indicators.
Here is my base scenario for the ABC wave structure. After two more new read candles on 2W TF will have one more confirmation.
The trading itself is simple, the more complicating thing is to keep calm and follow a strategy.
Good luck and have a fat profit!
$DOGE Long IdeaIt is consolidating above key level (aka Alchemy Level). My first target is 0.38+ based on measured move.
DOGE TO 0.70 again and new ath. Meme coins crazyDoge is in a falling wedge, good for meme coins soon, wif, pepe and the likes thereof
DOGEUSD: Strategies Unite!Crypto:
I, personally, do not like crypto, but I like the chart of Dogecoin. I am playing it small while focusing on stocks.
Technicals:
-After a 4 to 5 weekly drop in Dogecoin (from May to June), Dogecoin also formed a weekly NR4 or NR7 bar.
-This weekly bar is also a doji. This doji appeared right on top of weekly horizontal support from April 2022 and December 2022.
-Weekly volume on the drops overall have been smaller that the rises; and the entire drop has shrinking volume overall. My indicators are showing extremes and hidden divergence at the same place.
- After an a-b-c extension with have a Mathis wave of W-X-Y.
-The "X" appears right in between 61.8%-78% fib.
-uHd with indicator extremes
Doge(based on NEo wave)this G wave of broken diametric is a bow-tie diametric .
I have my confirmation to buy it on G wave of bow-tie diametric and my stop loss is E wave.
DOGE(based on NEo wave)I changed my counting this diametric is broken and its at the end of line, I will share the smaller time frames.
this situation is the last chance to buy and use the heavy bullish wave.
DOGE Massive Move Incoming? Pump To 2$!Disclaimer: this analysis is based on two previous occurrences in a vastly different macro market and solely based on time. Although it's not likely that the analysis will play out exactly as shown, it's still a fun thought to consider.
In this analysis I want to shed some light on DOGE's previous price action and compare it to the current market. In the previous two bull-cycles, DOGE saw a +9,000% and a +30,000% between 38 and 34 months AFTER the previous top.
In February, where we can argue that DOGE's bull-cycle has started, we were at 33 months after the previous cycle top. Close enough!
If DOGE increases by a fraction of what it did in the previous two cycles, we can very easily argue that a 1$ or even a 2$ value per token is not too far-fetched.
Are you bullish on DOGE? Share your thoughts.
Safety zone - SMA-200Historically, buying below SMA-200 is one of the safest places because price always went up from here. Nevertheless, i would wait until price decline at least 30% more from here first
Bullish bounce?DOG/USD is falling towards a support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.1187
Why we like it:
There is an overlap support level which lines up with the 50% Fibonacci retracement.
Stop loss: 0.1153
Why we like it:
There is a pullback support that lines up with the 78.6% Fibonacci retracement.
Take profit: 0.1254
Why we like it:
There is a pullback resistance level.
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Doge 2-year SMA supportHere is the price action I anticipate. The end of 4-wave is a good place for a short.
The most interesting part will start after the end of the 5-wave, because all degrees take acting simultaneously.
Good luck and have a massive profit!
