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Dogeanalysis

#Doge watching the RSIHere is a 4hr chart showing the 20 MA (Blue) as well as the 100 MA (Pink) once these moving averages cross we will be in for a wild bullish ride. But for now I am paying close attention to the RSI indicator, as you already know we've been on a Bearish trend since May 10th & I drew placed a Yellow line indicating the bear trend. The Pink box indicates the area that we need to pay close attention too, if we are able to cross over the Yellow line of resistance we will be right back in a Bull Trend. If we hit the line of resistance we may also see a pullback to .24 which is a good thing in my opinion. Time to re-analyze the chart & pay attention for a solid Buying opportunity. *Not Financial Advice
BITTREX:DOGEUSDLong
by Kyle_Kinnaird
2
Wouldn't be surprised if #Doge hit .30 before moriningJust look how beautiful this 1 hr chart it. As you can see we are very much still in a strong Bullish trend as we've been riding this momentum all day long. Indicated by the Bollinger Bands we've been riding above the middle band since June 22nd 9 o'clock pm Eastern time. What we will look for next is a consolidation phase around .27, or we could very well see a pullback too .24 which I believe to be our new floor. If we continue this amazing bull run we may bounce off of .27 & head straight for .30 moving into the morning of Friday June 25th. *Not Financial Advice
BITTREX:DOGEUSDLong
by Kyle_Kinnaird
DOGEUSD(4 HR) : DOGE continues to slowly recover from the lossMarket in the last 24hrs DOGEUSD saw a slightly bullish trend in the last 24 hours with price nearing the upper Bollinger band. Trading volume has been very high in the last 24 hours. Today’s Trend analysis Price has reached the upper Bollinger band which usually act as a strong resistance line. If the price accepts the upper band as a resistance line then we can see the price move with bearish momentum. There is a chance that the price rejects the resistance line then we might see a continuation of the current bullish trend. Price volatility was very high at approximately 10.53%, with the day's range between $0.216— $0.248. Price at the time of publishing: $0.248 DOGE’s market cap: $31 Billion However, the Indicator summary is giving a 'NEUTRAL' signal on DOGEUSD. Out of 11 Oscillator indicators, 2 are giving a SELL signal, 7 are neutral and 2 are giving a BUY signal. Out of 15 Moving average indicators, 6 are giving SELL signal, 1 is giving neutral and 8 are giving a BUY signal. Traded volume has remained high in the past 24 hours. If we don't see a sudden spike in volume then we can expect the above analysis to hold true. ---------------------------------------------------------------------------------------- The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4Hr candles. ---------------------------------------------------------------------------------------- Any feedback and suggestions would help in further improving the analysis!
BINANCE:DOGEUSD
by Mudrex
6
DOGE - 6h. Consolidation is the best scenario for buyers A month and a half of trading on the DOGE market at low volumes allowed sellers to lower the price to $0.16. The last time the DOGEUSDT price was at this mark was in April 2021, after a powerful hype wave of growth. Then the buyers managed to continue their trend. However, they failed to hold on to the important liquid zone of $0.52-0.57. This price zone now looks like the maximum target of buyers for a new wave of growth. However, is it worth waiting for a sharp, aggressive and fast wave of growth in the DOGE market in the near future? In our previous idea, we expected the growth of this coin, but buyers managed to test only our first goal: In addition to the important range of $0.52-0.57 , buyers also lost control over the liquid zone of $0.28-0.31. The chart shows that this happened without much struggle on low volumes. The fact that interest in the DOGE coin has dropped dramatically on the daily timeframe: Low trading volumes both on the attempt to increase the price of DOGEUSDT, and on the attempt to stop the fall of the market. If we analyze the trading volumes during the insane growth wave of April 13, 2021, then a certain concentration of liquidity is in the range of $0.13-0.14. So far, sellers have not managed to reach this area. However, while the control of the $0.28-0.31 range is under the control of sellers, the likelihood of the continuation of the downward trend is lower. A positive scenario for the DOGE market is the price stopping in consolidation for the accumulation of forces. A successful attempt to break through the $ 0.28-0.31 range will be a good signal to start a new wave of growth with the target of $0.52-0.57. In the meantime, the price is in the black falling channel If we analyze the DOGEBTC chart, we see that the probability of continued price consolidation is quite high: The price has stopped between two powerful liquid zones and no particular aggression is visible from either side. Therefore, while the situation on the cryptocurrency market does not inspire positive thoughts even now. However, the ranges of consolidation , in which the price is likely to move, make it possible to find profitable trading situations and not lose heart. _________________________________ 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
35
Dogecoin, Doge - yesterday I said about it. (-15%)💰In yesterday's video, I told u that coin formed a good breakout pattern. Today price dropped by 15%. Congratulations to everyone who was with me. Now the best scenario will be to pull back to zone 0.36. But it doesn't mean that u must buy now. Wait for a new entry point. 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
by Yuriy_Bishko
4