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Dogeanalysis

Doge eyeing a .26 resistance for a ReversalWe have been on a healthy pullback which has created a solid buying opportunity to Avg. down or continue to stack your bags. We're currently nearing a strong resistance at .26 which if you take a look at the RSI is also indicating we are Oversold. Typically when we meet a resistance & the RSI indicates an Oversold asset it leads to a reversal. Heading into the weekend we could be headed back up towards .28 Say we cross over the .26 resistance our next resistance would be .24 but it isn't very strong, so hoping we don't fall to that price. If we do, we would see a consolidation phase breakout as we head into the weekend around .24 - .26.
BITTREX:DOGEUSD
by Kyle_Kinnaird
2
Doge critical Tuesday Night RunWe may have just witnessed a Fake-out, looking to get rid of the paper hands before the next leg up. We are currently still in this Bullish Pennant & may begin our next swing upwards through Tuesday Night & into Wednesday morning. If we are able to bust through the top of the pennant, this may be the beginning to a big Bull run surging through .36+ heading into next week. On the other hand this very well could be a large sell-off coming which would throw us down to the .26 - .28 range where we would consolidate heading into the weekend.
BITTREX:DOGEUSD
by Kyle_Kinnaird
Doge ready for a Wednesday swing We've continued in this wedge pattern for a few days now & seem to be ready for a new pattern tomorrow, Wednesday the 25th. We've got 2 strong resistance lines below us which are .26 & .28, so if we do fall below this wedge those are the 2 prices we should keep an eye on for buying opportunities heading forward. We could consolidate between the two moving into late Wed. early Thursday morning then looking for where we would be heading next nearing the weekend. If we jump above this wedge we'll see a retest followed by a jump towards .36+ nearing the end of Wednesday evening nearing Thursday morning. This could be a big week if we're able to continue on this Uptrend as we near the weekend for all of Crypto.
BITTREX:DOGEUSD
by Kyle_Kinnaird
2
DOGE Wait for the level from which the price can do +60% or -30%Here is the analysis of DOGEUSDT trading pair, which was voted for in the "Bitcoin Weekend #17" idea By the way, in "Bitcoin Weekend #17" we wrote that when the value of BTCUSDT starts to enter the liquidity zones of $48000-50900 and $50900-54200 you should be extremely careful with your positions, because the trend can reverse. Keeping these facts in mind, let's analyze the DOGEUSD. Let's start with the fact that our previous idea, the DOGEUSDT, is little more than a month old, and it worked perfectly and accurately at almost x2 growth. Now let's look at the chart of the DOGEUSDT pair more globally. As you can see, the price of DOGE has been consolidating between two levels: $0.34 at the top and $0.29 at the bottom for the last week. In the current realities, we assume that the price of DOGE may go down one more time to see if the buyers are really ready to aggressively pull back from the level of $0.28888. If that happens, and we see strong buying volumes, that's a sure long. Also, a breakout and fixation of the price above $0.34 is also a strong long buy. For both situations, upper target is around $0.444-0.464. If the price fixes lower than $0.2888 , it will not bring anything good for the deposit, except the possible drawdown of -30%. So be flexible and maneuverable and keep your hand on the pulse of the market. Watch the behavior of the price DOGEUSDT around the level of $0.2888 and trade behind the trend and there will be happiness to your deposit and you) _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
55