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Dogeanalysis

Doge Pump Not Done Yet?Here on the 1 hr chart you see we've been on a nice run since the morning of July 20th leading up to The B Word talk. Looking at the Fib Retracement we see that we touched the Golden line of .618 (.186 price) as well as hit the middle band in the Bollinger Bands, this is typically a strong indication of another Bullish trend. I wouldn't be surprised if we even fell back too .786 line (.178 price) then begin our next Uptrend. If we do fall too .168 price we may see a Bearish reversal & consolidate around that price moving into Thursday July 22nd. Still need to monitor BTC moving forward.
BITTREX:DOGEUSDLong
by Kyle_Kinnaird
DOGE - 12h. Target $0.3, but need to hold $0.16The correction has been going on in the DOGE market for 2.5 months. The price, after a fantastic growth in April-May without volumes , is steadily falling. Sellers confidently keep their trend line, which we marked as a range on the chart. However, sellers do not try to take active actions. In the previous idea, we wrote that the best scenario for buyers is to continue to consolidate and hold the mark of $ 0.18. As we can see, buyers could not keep this mark and allowed sellers to test the important range of $0.16-0.165 for the third time. This range was tested at low volumes . The DOGEUSDT price bounced off of course, but without hints of stopping the downward trend. Buyers failed to break through the sellers' trend range and, with a high probability, buyers will have to defend the range of $0.16-0.165 again. A retest of this range will allow investors to aggressively buy DOGE with a target of $0.3 . However, analyzing the desire of buyers to form their own trend, there is a possibility that sellers will be able to break through the range of $0.16-0.165 and continue falling to $0.12-0.125. In such a case, it would be a wonderful range for globally buying DOGE for several months. It is safe and conservative to buy DOGE after the 0.22 test and holding the mark of $0.18. In this case, the sellers' trend will be broken and the buyers will prove that they are ready to hold the DOGEUSD price. Analyzing the DOGEBTC chart, we see that the price has gone beyond the global triangle: However, the price exited the triangle without aggression, on small volumes . In addition, the price of DOGEBTC is above the important liquid zone 0.00000475-0.00000540 . From this range, buyers carried out a new wave of growth in April. Therefore, at the moment for us the main scenario is a retest of $0.16-0.165 with a possible false breakout of this range. After that, we expect the formation of a new sharp wave of growth with an ultimate target of $0.3. An alternative scenario is a fall in the DOGE price to the range of $0.12-0.125. However, this requires the BTC price to update its low. _______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
33
If the price breaks this wedge, the doge could fly away!🤑🚀After a recent attempt to update its local high, the Dogecoin has corrected by 13%, now Dogecoin locally formed a wedge pattern. If the price continues to trade in it and presses to the upper boundary, the wedge may be broken and the price will go up. The best entry point into the position may be in the event of a squeeze, a breakout, and a test as support for the upper boundary of the wedge. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
3
Doge Testing the Lower ResistanceAs you see here on the 30 min chart we are currently headed towards the .241 trending zone. What we will be looking for is if we are able to bounce off the resistance heading back towards the top of the wedge. If we do so we should hit the top trending zone which would lead to a retest of the wedge, depending what ensues we may break above .26 moving into the morning. If we fall below the trending zone (.241) we may hit .229 followed by a retest, this would be a very bearish sign moving into the morning. If you take a look at the RSI you see we have been in a wedge pattern since June 29th. This is a big time for Doge moving closer to the weekend as we usually have slow moving weekends. *Not Financial Advice
BITTREX:DOGEUSDLong
by Kyle_Kinnaird
DOGE Optimal Buying Opportunity - ST After the HH, HL we almost broke the Bullish trend by breaking the Higher Low but we've hit a strong resistance here to stay in the Uptrend. I have identified the higher & lower resistance bands in this Uptrend, as you see we just reached the lower resistance which means we should see a solid push towards .30+ aswemove into next week. If we break through the lower resistance we may fall out of this Uptrend creating a sideways consolidation leaving up to the weekend keeping us around the .23 & above. I'll be playing swing trade here which I'll publish shortly after I post this. *Not Financial Advice
BITTREX:DOGEUSDLong
by Kyle_Kinnaird
Big moment for Doge We broke the resistance we had going in the consolidation phase, now we've dipped below that & fighting to get back above it but I'm not sure we will. The RSI Indicates we have yet to cross the lower band, which to me still shows we may fall to the lower resistance in this Uptrend. Well ride that back up to this resistance we just broke then continue on our bull run, we may very well push through the resistance & continue on the Uptrend now. Only time will tell, overall I'm very Bullish. *Not Financial Advice
BITTREX:DOGEUSDLong
by Kyle_Kinnaird
6
Doge too .32? 6.29.21 1724Here is the 30 min chart, I've labeled the Higher High (HH) as well as the Higher Low (HL) now we seem to be moving in a nice Uptrend over the past few days. What we need to look for next is to be able to continue this consolidation were in followed by a nice bull run towards .32 as we move closer to the end of the week. If we get a pullback towards the lower trending line, as long as we don't break below then we're still in the Uptrend. If we do break the lower trending line then we may have a Bearish reversal happening as we near the weekend. I am feeling very Bullish as the Crypto adoption has begun to pick up around the world. *Not Financial Advice
BITTREX:DOGEUSDLong
by Kyle_Kinnaird