DOGETRY TO THE MOON ANALYSIS-7-it seems like a good position to hunt more money, the wolves are ready to eat
we are at the correct point to buy more dogecoin but be careful it is not confirmed yet we are waiting for the trend reversing.
Dogeanalysis
↑ DOGE UPDATE 5.14 ↑ LONG LIVE ELONTP1 Hit / stop loss moved to breakeven.
As stated in my last update:
"3 conditions for longing", we nailed all 3. We are looking at a near term pullback possibility which I will use as an opportunity to pen a new long trade.
On the 1 HR chart the macD line and signal line are almost crossing which would confirm a correction.
Alternatively if selling I would take profits at stated entry targets
$DOGE to $1.00?Despite all the craziness surrounding #DOGE $DOGE DOGECOIN some simple charting showed a decent entry. With a coinbase listing rumor coming in 6-8 weeks and Elon's dev teams supporting Doge this might not be a shitcoin after all.
Thoughts?
Dogecoin 4h May 11, 2021I can't say anything because I am not Elon Musk but I can say that Doge is in good area at least for now.
Price is on trend line and it has shaped a double bottom and it has broken its bearish trend.
[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.
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doge coin similar moveprediction of moving dogecoin to ~1usdt as the same move in the past and maybe by the news of TESLA will use doge coin for buying CARS!!
Doge; the bad puppy - Waiting for entry!!We can observe the great similarity of movement with the past DOGE, an entry with a high probability of success would be to wait for the rebound at the 100 EMA .
MANAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER.
You invited to share your vision in the comments
#DOGE/USD # Wait for retest downtrendline then long As we see on Doge H4 Chart, it show the break out of downtrend line from 0.7 to 0.5
Trading Plan: Wait for retest the down trend line around 0.6 , Target TP1 at 0.7 , TP 2 at $1
Doge waiting for breakoutDodge has broke out the Bullish Flag now waiting for it's ath break after that we can see it's price moving upward to next ath
Thanks
Dogeusd analysis= 1D + 4H inside a strong bullish price channel.
1H = the top of an uptrend
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Expectations:
First: Buy (low probability)
Exceeding 0.66570 goes to 0.75812
Second: Selling (strong possibility)
A break of 0.57303 goes to 0.53053--0.48087--0.40732
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Personal opinion sale
Enjoy Guys!!!Hi guys recently i shared an idea for doge and it fully followed that path enjoy who bought where i mentioned check the previous analysis before breakout ⬇️
DOGECOIN - RETRACEMENT TO THE MOON OR DOGE LAND ?AFTER MAKING IT DEBUT TO ATMOSPHERE ZONE ,CREATING DOUBLE TOP PATTERN ON H4,DOGE DROP 4 DAY IN ROW BEFORE MAKING A BOUNCE BELOW 0.20 ,SO WHERE IS IT IHEADING GUYS? IS IT RETRACEMENT BEFORE CONTINUE IT JOURNEY TO THE MOON OR COMEBACK TO WHERE IT BELONG? DROP AND SHARE YOUR IDEA🤣
🐶 forming Symmetrical Triangle 📐After the breakout from upside we can see buying pressure in it till the next resistance
Thanks
Dogecoin is going to make an explosion. ( <1.5 )I dont say anything.
Take a look yourself.
Just Buy and Hoooold
