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DOGE-USDT

🔥 DOGE Bullish Triangle Reversal TradeDOGE has slowly but surely been showing more bullish behaviour over the last few weeks. After the fall of 23/02 the local lows are getting higher and higher. For now, the 0.06 area seems like a strong area of resistance. This trade is based on the idea that the resistance (R1) will hold and DOGE will fall back to the lower triangle support in the coming hours. After hitting the entry line, the expectation is that DOGE will reverse once more towards R1 and potentially R2. Before entering this trade wait for the price to touch the Entry line. Higher time frames yield a higher predictive power. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
26
🔥 DOGE Big Potential ShortDOGE has been bleeding since it produced a double top at around 0.086. This bleeding, combined with the recent Bitcoin sell-off are potentially a bad case for DOGE's profitability. Not even talking about the fact that DOGE's current value is based on third parties creating hype and memes without a proper use for the coin itself, but that's a different story. Before entering this trade, wait for the price to close below the Entry line. Higher time frames yield a higher predictive power. On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing lows and round numbers. Do your own due diligence. Happy trading!
Short
by FieryTrading
34
DOGEUSDT : DOGE battles key hurdles Dogecoin bulls need to cross a descending resistance line from February 07 and 21-day SMA, near 0.0585-90, to gain the market’s confidence in witnessing the 0.1000 threshold. Alternatively, 50% and 61.8% Fibonacci retracement of late January run-up, respectively around 0.0474 and 0.0379, will be the key to stop the DOGE/USD bears ahead of 50-day SMA, at 0.03257 now. Overall, DOGE/USDT is up for consolidating the wild gained marked a few weeks back. However, bulls shouldn’t be disappointed as fundamentals favor the coin.
by bituni
🔥 DOGE Slowly Falling: Bearish OutlookDOGE has been bleeding value since it made a new ATH a couple of days ago. After being hyped up by third parties, investors and speculators are taking profits while the hype surrounding this coin has dried up substantially, leading to a gradual decline in value. On the chart I’ve marked two potential areas of support, S1 and S2. These areas are based on recent swing lows and round numbers. Do your own due diligence. Happy trading!
Short
by FieryTrading
21
🔥 DOGE Bullish Triangle Ready To Break OutDOGE has been one of the most fascinating coins of the past couple of weeks, seeing more than 1,000% returns in a month. After yesterday's correction, DOGE has been crawling up slowly, producing a beautiful bullish triangle setup for us to trade. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. DOGE is a very volatile coin at the moment, be aware of that. Do your own due diligence. Happy trading!
Long
by FieryTrading
41
🔥 DOGE/USDT Short Term Channel ideaAfter yesterday's amazing run-up, DOGE is consolidating in a range which extends from roughly $0.43 to $0.54. After the recent touch of the bottom support of the channel, DOGE has been producing higher highs and lower lows, indicating a short term trend change. If you decide to trade this pair, keep in mind that DOGE is one of the most volatile crypto's of the last couple of weeks. Always use a stop loss and limit your exposure. A great potential exit would be the top of the channel. If volume keeps flowing in and bars become larger you could potentially stretch the trade till the $0.60 area, any further than that would be risky. Happy trading!
Long
by FieryTrading
21
🔥 DOGE/USDT Ready For Another Pump: Bullish WedgeEveryone has seen the crazy volatility surrounding DOGE in the last couple of days. According to the chart pattern, we might be getting more bullish volatility soon. On the M15 chart the wedge is clearly visible: lower highs and higher lows. Typically, this pattern is followed up by a strong move in either direction. Since we came from a bullish move before, theory suggests this is a bullish pattern. Don't trade this yet. Wait for the price to close above the Confirmation line. Higher time frames yield more predictive power. On the chart, I’ve marked two potential areas of support/resistance, R1 and R2. R1 being the all time high and R2 placed on the illustrious value of 10 cents. Happy trading!
Long
by FieryTrading
19
DOGE Is Facing A Strong DeclineAfter the massive run-up that doge had earlier this month, it seems to be time for a bearish correction. Historically, DOGE has been a very volatile coin, seeing vast increases in value in a short amount of time, only to lose it all later by bleeding out slowly. Since the volume has died down, I think it's time for a bearish correction. I've drawn two support lines on the chart, S1 and S2. These areas function as the main supports in case the price will continue falling. The S2 area might be far-fetched, but in case Bitcoin will see a strong drop soon, S2 might be reached as well. Happy trading!
Short
by FieryTrading
8