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Dogeanalysis

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
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
Short
by culturalCraft7942
1
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
by Yuriy_Bishko
19
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.
BITTREX:DOGEUSD
by er453d
[13 May] DOGEUSDT Outlook...THINGS TO NOTE!!!Currently, we can see that dogecoin is moving towards an area of BULLISH pressure. Today's candle managed to reject off the 61.8% fib level as we see a BULLISH candle. However, BULLISH pressure as of now does not seem to be making a strong rejection. I am expecting price to break down this level moving towards 78.6% fib level before we see greater BULLISH pressure. Having said that, if you are planning to enter a short position now do reconsider your choice. In fact, traders who entered their short position long ago might look to close their position soon. Does that mean that a Long position is better in this situation? Yes but it also depends on the price action. I have identified a price range where I expect BULLISH rejection to take place. This will give a clean rejection off our MA and EMA as well if price is to break down slightly lower. However, we have to adapt to situation if we see BEARISH impulse candles. As of now, dogecoin is heading towards a demand zone. I will like to let you guys know that YGForex will be working towards providing cryptocurrency signal here for all of you guys. I will update daily and share my thoughts on it. This is provided we have opportunities to enter. Do follow our signal at your own risk. Do also keep in mind that we are not providing any professional financial advice. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
by YGForex