#Doge may be on a Bullish run todayAs you see we are nearing the Apex of this wedge pattern, if we are able to break through & create a Higher High we may be on a bull run today.
The RSI indicates we just broke the bearish trending line, may see a slight retest with a bull push following suit.
If we happen to break the lower resistance we will fall into another bearish trend, only time will tell.
*NFA
Dogeanalysis
Apex time for #DOGEAs you see I've identified the Trend pointing out the Higher Highs (HH) as well as the Higher Lows (HL) which indicates a bullish trend.
We are nearing the end of this wedge pattern & I went ahead and labeled the lower resistance, if we do break that zone we may see a Bearish Reversal. But if we are able to continue this bullish trend we may see .24 as we move closer to 6 am est.
*Not Financial Advice
#Dogs to bounce off .18 then reversal into a Bull run Using the Fib tool I'm looking for Doge to hit the .618 line consolidate then get a solid bullish trend going.
If we cross over the .18 mark we may retest the low around .16 which is our lower zone as you see here. The next hour will be pretty exciting, stay tuned & share the word.
*Not Financial Advice
#Doge may see a slight dip too .29 before we get on a runAs you see here I have highlighted previous areas where we have dipped to .29 which was followed by a nice bull reversal. What we should continue too look for moving forward is a dip too the resistance, followed by momentum loss for the bearish trend followed by a engulfing green candle to get the reversal initiated.
*Not Financial Advice
Doge- it can soon break under 0.3Like a lot of the coins, also Doge is on a downtrend.
The recent rise in Bitcoin translated into sone anemics rallies for this coin which reinforce my bearish outlook.
I expect a break under 0.3 soon and 0.2 zone is my target.
Doge above 0.35 would negate this scenario
Doge RetestThe Orange box indicates a Breakout from the Wedge with a retest which is what we are currently in. The Pink box is indicating the bearish momentum loss which means we should get a Green engulfing candlestick next indicating a bullish move. This could very well be the beginning of a nice bull push through the week leading into the weekend, also we need to watch the BTC chart to make sure it doesn't continue to keep sliding down.
*Not Financial Advice.
DOGE/USDTBINANCE:DOGEUSDT
If you look closely at the last candlesticks you can see the power
There are more sellers than buyers, and if so
The bottom of the triangle floor will be broken and please after the floor break
Do not buy, be sure to wait for the pullback and if the conditions
It was good to enter
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
Doge Short or LongFirst of All I want to say that you have to keep critical. Don't take my analysis too serious. Be critical and make your own decision.
Dogecoin is a popular Meme coin that has backers like Elon Musk and other famous people. Recently, it got added to Coinbase. Coinbase added it to its Pro function. This has caused a significantly increase and with Elon's tweet finishing it.
Now for this chart I have used the Elliot Wave technique. Wave 3 has extended to 1.618 of Wave 1 which it had 45%. I don't see any reverse yet on a 4 hour chart. On a one hour chart there is, but only in values of 3 USDT.
If Wave 3 gets longer than 1.618 and reach 2.618 (which it has a chance of 8%), Wave four will consolidate to 0,38 cent which it has a chance of 60%.
If Wave 3 does not get higher than 1.618, Wave 4 has a 60% chance of consolidating to 36 cent.
But once again, just like we have seen in the past. This cryptocurrency is very independent of Elon Musk. If he times his tweets right, he can cause another increase and this chart can go into the trash can. Also, Coinbase will be adding Doge to it's mobile's app. So keep an eye on that
DOGE, Dogecoin - If it happens, I'll be happy🔥Dogecoin formed a clear triangle. I think if we drop quickly and break out the support level, after that, we go back to the triangle area and start squeezing to resistance, it will be a great pattern for buying. In this case, I'll be sure in a long position.
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
Time Frame Sync - $DOGEThe chart here is defining 3 possibilities, 2 of which I think most likely.
1. Short term reversal. Scenario produces event of push up to around .35-.37. Looks for new support or dies out.
2. Date range to reach 0.25 if no short term reversal (likely). If we find strong support here, look for sideways movement, into building support and crawling upward (slow).
3. Time frame sync with prior shelf repeating here. Sell off to under .25 to about .17-.19, then slight reversal to .20-.21 to create the next shelf, looking for new support and resistance. Less likely, but probable due to trends.
Thumbs if you like, tell me what you don't.
Not investment advice, do your own DD & research....and share it with me.
Dogecoin Long EntryDogecoin Long Entry on the confluence of the pullback trend and longer term horizontal support. If Dogecoin hits this confluence it is a *Very* nice time to go long.
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