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DOGE Dogecoin: Re-Test of ChannelHello friends, today you can review the short-term technical analysis on a 1H linear scale chart for Dogecoin ( DOGEUSD ), a cryptocurrency. 1) Dogecoin price broke out of a multi-day Parallel Channel with respective support and resistance areas. 2) The price may come back down to the 0.236 Fibonacci Retracement area at the top of the channel before moving back up. 3) The target price of the breakout of the parallel channel has already been met, but there may be a chance to go back up as Volume is back in. 4) The RSI (relative strength index) is being supported by a trendline which it may come back down to re-test. 5) The upside idea may be invalidated if the price comes back into the Parallel Channel. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year? Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BITTREX:DOGEUSD
by MillionaireEconomics
2
DOGE Dogecoin: Concerning DownsideHello friends, today I am completing a technical analysis on the 1D linear scale chart for Dogecoin ( DOGEUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators. #CryptoPickk notes the following: 1) Dogecoin price had an all time high in May 2021 and since that point, the price has only came down. 2) Recently due to the #cryptocrash, the price dropped significantly breaking a multi-month bottom trendline (in yellow color). 3) What's the concerning issue is the price came back up and re-tested the bottom trendline and since that point, Dogecoin price started falling. This is outlined by the white color path arrow. 4) Using the Fibonacci Retracement tool, the price has the potential to test the 0.786 level before moving back up. This would be a 65-70% drop from current price levels. 5) The Volume Profile (VPVR) is very heavy in that area (0.786 Fib level) as well. 6) The Volume is low. I am using a Bittrex Exchange chart but I checked Coinbase and Kraken and it is low there. 7) The RSI (relative strength index) and Stochastic RSI (Stoch RSI) are in the oversold area. Since both are oversold, the price may consolidate or go up short-term, but price has potential to drop significantly further. Stay a bit cautious as the economy and markets are fragile right now. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITTREX:DOGEUSD
by MillionaireEconomics
3
#HOOD Robinhood Stock - +20% move comingToday I am reviewing the 1D (daily) chart for Robinhood (HOOD) on a linear scale. In the chart I noted: 1) The price is shown inside a parallel channel since August 2021 when the the price had a major drop. 2) I am showing a prior fractal as noted in the red oval for the upcoming price. The fractal top price of $37.62 is in line with significant resistance as shown on the Volume Profile (VPVR). 3) The RSI (relative strength index) is now oversold and about to touch the bottom trend line of the parallel channel. This may move upwards helping the price rebound. What are your opinions on this? I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
NASDAQ:HOODLong
by MillionaireEconomics
Lorde Edge - Elder $DogeHello cryptofolks Today Elon Musk changed his Twitter name to Lorde Edge We guess it cans be an anagram for "Elder Doge" Apparently it had an impact to the price but we know it's all about Technical, news are only catalyst We had bullish divergence on RSI that picked price up MACD on low time frames (15m/1h/2h) is bearish but on bigger (4h/1D/1w) had golden cross on 4h tf and potential golden cross on daily imminent Based on technical indicators I made this chart you find all details there -Goodluck
Long
by BizzarTrading
1
#DOGE Dogecoin 155 Days from DecemberI did an analysis from about 155 days from the start of December on Dogecoin and what the outcome was. The analysis shows 2018, 2019, 2020 and 2021 with an assumption for 2022. The assumption was based on hitting around 100% gain but as you know Doge can go even higher if there is enough market sentiment and a few good Elon tweets :P For the time being Dogecoin is one of the top cryptos by market cap and has a gigantic following. I chart Doge often as shown below. Check those ideas out as well and give a like! What are your thoughts? Comment below, hit the like and follow me. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
POLONIEX:DOGEUSDLong
by MillionaireEconomics
Not Buying YETI do think that SHIB caught some support. You can see that it bounced off 0.000043 meaning that investors had thought this was a good "buying the dip" opportunity. My green box (0.00043-0.000035) I believe is the BEST area to buy in at because I have not bought into the idea that SHIB is done falling. Without hype, DOGE and SHIB lose momentum and trail on support. This is the strongest support area I have found so if the pricing does make it to this area buy it while it's still low. I currently have SHIB staked with a 2% interest rate but I know I will want to buy more in the near future!
Long
by JakeBrandonCastro
1
#DOGE DOGECOIN 1D - 300% IncomingI am charting Dogecoin on a 1D chart. Lots to discuss below. In this chart: 1) I am measuring days of consolidation before pumps 2) The pump percentage gain 3) Possible target for next pump based on Fibs 4) RSI seems ready as it has hit almost 100 in the past. Lastly if you look at the full chart going back in history, I noted each November and the Dogecoin gains/losses. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
BITTREX:DOGEUSDLong
by MillionaireEconomics
6
Doge Triangle? Chart By CryptoKnee Triangle VARIANT. So A Bunch of stuff I could go into here. BUT, TLDC, It could maybe be a triangle pointing up, no rules are being broken, but some guidelines are. So because of that, my confidence in the count is questionable. Basically, Doge has to prove it. IF it can hold the $$$ box area, and these supports, and pump past the proposed Wave D, I would lean more towards it. Until then. Im not convinced. Does that mean I wont paly it?... Ideal PA for both possible scenarios on chart.
by CryptoKnee
1
Congratulations to all $DOGE holdersHello TV folks This is Technical Analysis for $DOGE not TikTok/Reddit style analysis Based on 1 D TF to have a bigger view of the market Let's look at Technical indicators, I already did price analysis previously now we are looking for signals from the 3 TI RSI: looks very nice and strength, hidden bullish divergence and possibilities forming a HUGE bull divergence on Daily trend as reversal in UPTREND SRSI: Shows already reversal in UPTREND with golden cross. we used to be in oversold zone for a while (Congratulations to the paper hands who sold on the bottom, you will probably buy your coins on the Tops in Fomo as emotional person) now it's time to reverse MACD: super healthy, strong on daily an weekly looks still better! Based on all these signals we can be confident in our HTarget @ 1$ for 1 dogecoin Always DYOR (lol) -Goodluck
Long
by BizzarTrading
3
#DOGE DOGECOIN 1D CHART - EYES OPEN!I am looking at the 1D chart of Dogecoin since May 2021. Gigantic triangle has formed and we are at the tip of the top of the triangle again. This also is in line with the RSI. Maybe profit taking time for Doge or breakout coming!!!??? HIT THE LIKE AND COMMENT BELOW PLEASE. THANK YOU! CHART ON TRADINGVIEW USING MY AFFILIATE LINK: www.tradingview.com (thank you in advance!) Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. DO YOUR OWN RESEARCH! #cryptopickk #bitcoin #altcoins #DOGECOIN #DOGEARMY
BITTREX:DOGEUSD
by MillionaireEconomics