Few days ago I made a short-term analysis on DOGE and the pending break out. For today, I'd like to zoom out and look at the overall state of DOGE. It's apparent that DOGE is lagging the market at the moment, as mentioned in my last analysis. Noting that, we can assume that DOGE can surely see another 20%-30% move as long as BTC doesn't fall off. In the longer...
Since the major move that we saw a couple of days ago, DOGE has been trading inside a triangle pattern. Triangle patterns are often continuation patterns. in this case I'd wager than DOGE is about to continue its bullish push upward. Wait for the price to break above the 0.265 level before entering a trade. Target would be 0.30. Happy trading!
Hello to you all. Mars Signals team wishes you high profits at all times. We are in a 4 hour time frame. As you can see, the price is fluctuating within the channel. If the top line of the channel is broken and stabilized, we can enter the trade for the above purpose. We have drawn a support line for you in which the price range can be supported. But in case of...
DOGE has seen a massive run up during the first part of the year. Since then, DOGE has been severely underperforming the market. Since the low of late July, most cryptos have seen >50% gains. DOGE has seen a meager ~30% run-up since then. This indicates that DOGE is lagging the market. In my view, DOGE will soon catch up with the market. There's a lot of...
Doge is closing above 9 and 21 EMAs for last few days. The first hurdle is 50 EMA. Therefore, one can long if it closes above 0.215 on daily chart for the target of 50 EMA.
Hello to you all. Mars Signals team wishes you high profits at all times. We are in a 4 hour time frame. As you can see, the price has been able to get out of its channel and has started to move upwards. The price can move from here to the targets. It can hit a pullback to a high level and then start moving upwards. Warning: This is just a suggestion to you and...
Around 4 days ago I made an analysis on DOGE. Here I indicated that things were looking bearish, but that the red support area was still likely to hold and cause a reversal. During the B-word conference yesterday, Elon Musk admitted that he personally still held some DOGE. So when the market rebounded, DOGE was one of the biggest winners, increasing +25% on the...
A week or two ago I made an analysis on DOGE and the future moves of this coin. In this analysis I noted that it was highly likely for DOGE to follow the bearish triangle and see more bearish price action. Currently, DOGE is residing in the red major support area. Previously I noted that I was expecting a reversal here. A minor pump has occurred last night, but...
With BTC falling, alts are sure to follow. DOGE is one of the alts which has, surprisingly, not lost >80% yest since the top. Appears that there's still quite some buying power! A week ago I made an analysis on DOGE where I discussed the potential future move of this asset and the triangle where it's trading in. It appears that DOGE's minor support area is...
Since reaching the ATH around $0.74, DOGE's moves have been predominantly bearish. Of course, DOGE's bearish or bullish moves have been following Bitcoin's moves, but the trend has been straight down whereas BTC is trading sideways. DOGE's near future moves are highly correlated to Bitcoin. However, we can pin-point a couple of key areas on the chart. At this...
Hello to you all. Mars Signals team wishes you high profits at all times. We are in a 4-hour time-frame and the price is moving in a bullish flag. We expect the price to touch its targets after breaking its channel line.Those friends who have bought at lower prices can save their profits on the channel line and when the line is broken, they can go into trade for...
Now we can see a pullback , so we can sell doge to that support level is shown in the chart. GOD WILLING GOOD WISHES ...
Hello to you all. Mars Signals team wishes you high profits at all times. We are in a 4-hour time frame. As we expected, the price could not break the resistance and started to move down. We see weakness in the process. And we consider this price increase as a pullback and we expect it to fall to the previous support range. But if it can break the resistance...
Like all crypto, DOGE has seen a strong bearish move in the last couple of days. Seeing the current price action, I think that we have more downside and will reach the recent lows again. Current target would be the support at the bottom. Keep a close eye on BTC when trading alts. Happy trading!
Hello to you all. Mars Signals team wishes you high profits at all times. We are in a 4-hour time frame. As you can see, the price was able to break its resistance, but it did not have enough power to move up, and it is starting to move to the bottom set. We have a strong support near the price and we can have a buy step in that area. We are considering the loss...
Like many other cryptos, DOGE is seeing a strong bearish move over the last week or so. BTC trading erratic, dominance rising, generally bad news for alts. DOGE has been forming a bearish triangle. If BTC continues to see bearish price action, I'm expecting DOGE to break out through this bearish pattern rather sooner than later. Always keep a close eye on BTC...