Dogebitcoin
DOGEBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has broken the S1 line and has turned it into the support line. It has also made its pullback and now it is time for the price to move up. If the S1 line is also lost, then there would be more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
DOGEBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see the R1 line which the price has hit several times and fallen. If the price is able to break the R1 line, it can move up to the shown area. It is also possible for the price to make a pullback to the S1 zone and then go up. However, if the S1 zone is broken, it might make a pullback and then fall more. You need to wait until the resistance line is broken and then enter the trade.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
XRPBTC and DOGEBTC comparisonsXRP has a similar chart structure to DOGEBTC
The major similarity is that the price is range bound, meaning, price has been stuck in a limited area (squeezed) area for the majority of its existence
This 'bound' nature, builds tension as each day passes, influencing the probability of a breakout out of this range
Some things however are not similar,
As on DOGEBTC price can be seen to be consistently oscillating pumps, where XRP has limited pumps
An observation post
I am long XRP
#Doge ready for the week aheadStarting from the left you see we were on a Bearish trend riding in the wedge pattern, then we gained momentum & broke out in a Bullish push.
We currently hit .251 with a slight pullback, what we need to keep an eye on is how we play off the Moving Average (Blue line). If we fall below the MA we may hit .244 then get another push towards .251 since we are in a Bullish trend.
If you take a look at the RSI you can see spot the Bullish trend, which we just broke through the top which is a strong indicator we will see the pullback too .244 which may turn into our first Low of the new Bullish trend.
Once we hit .244, if we begin pushing up towards the .251 resistance don't be surprised if we push straight through that resistance which would create a Higher High.
*Not Financial Advice
Dogecoin completing bullish BAT for upto 62% profit moveHi friends hope you are well and welcome to the new update on Dogecoin.
On 4-hour chart, the price action of the Doge with Bitcoin pair is forming different harmonic patterns 1st it formed a BAT then Gartley now again completing the final leg of bullish BAT and soon it will be entered the potential reversal zone. There is also a strong support of 50 simple moving average in buying zone.
This trade has profit possibility of 62% and the loss possibility is only 8%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DOGE with BTC pair formed Gartley for up to 201% bullish moveHi friend, hope you are well and welcome to the new update on Dogecoin.
On the daily chart, the price action of Dogecoin with Bitcoin pair has completed a Gartley pattern and entered the potential reversal zone. There is a complete opened alligator's mouth formation by the simple moving averages below the buying zone.
Possible profit and loss ratio:
This trade has a huge profit possibility up to 201%, and the loss possibility is only 35.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Dogecoin [DOGE/BTC] on July 11 (#DOGE #DOGEBTC)DOGE has pumped so much from our buyzone at 25-26sts and now it is turning back.
We can wait to buy it once it hit the 35-37sts zone. I think it will pump to at least 50sts in next days
Remember, buying at this moment is very risky and you must prepare for the bad case when DOGE still has chance to drop to 29-30sts
DOGE TREND REVERSAL SOON #DOGE is completing the last retracement The next bull run could start at any time
Doge Has Completed The Bullish Setup To Breakout The ResistanceSince Oct 2019 the price action of Doge with Bitcoin pair is moving within falling wedge in the meanwhile it has hit the support of this wedge in the month of Oct , Nov 2019 and Jan and Feb 2020, and this the 3rd time it is hitting the resistance of this wedge 1st it was hit in Oct 2019 second touch was in Nov 2019 and 3rd touch is on 5th Feb 2020.
Sofar it was failed to break out the resistance neither break down the support as well but this time more chances are in favor of breakout the resistance rather than break down the support of this pattern.
This time the price line has hit the resistance at 0.00000029 sats and pulled back to 0.00000026 sats during price correction period in the meanwhile it has crossed up the center moving average of Bollinger bands after hitting the support and this is in actual the 20 moving average if the price action closes above this moving average then there will be strong chances of breakout very soon.
Moving Averages:
The price action is likely to close above the exponential moving averages with time periods of 10 and 20 after Nov 2019, today it will be confirmed whether the candle sticks will be closed above this level or move down again however if the price action will be successful to close above these exponential moving averages this EMAs will provide a very powerful up lift to Doge’s pricline and it will be great help to achieve the breakout from this wedge pattern.
The Bigger View:
On week chart the relative strength index (RSI) has already visited oversold zone for two times 1st in Jun 2019 and second in Sep 2019 and now turned bullish.
The stochastic has also given bull cross from oversold zone after Sep 2019.
The Harmonic Move:
The most strong signal that is received on week chart is the formation of bullish Gartley pattern which the price action of Doge has formed.
The formation was started in Sep 2019 and now the price action is moving within the potential reversal zone of this Gartley and there are strong chances that the price action can take bullish divergence at any time which will also lead the price action to breakout the resistance of falling wedge pattern which we have discussed earlier on one day chart.
Here we can set our stop loss the support of potential reversal zone and that is 0.00000025 sats.
Regards,
Atif Akbar (moon333)
DOGEBTC completed Gartley | For Upto 36% bullish movePrice action of Doge / Bitcoin has formed a bullish Gartley and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000028 to 0.00000025 sats
Sell between: 0.00000030 to 0.00000034 sats
Regards,
Atif Akbar (moon333)
DOGEBTC formed bullish Gartley | Upto 40% bullish movePrice action of Dogecoin / Bitcoin has formed a bullish Gartley and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000028 to 0.00000025
Sell between: 0.00000030 to 0.00000035
Regards,
Atif Akbar (moon333)
DOGE preparing to lift?If DOGE continues to find support from its previous trend back in June along 27-29 SATS , it's very possible its bottom was back in September, which means it's only up from here. Like past history, once DOGE goes-- it swings up from as little as 10 days to 2 months. It looks like the 50 MA is looking to overtake the 200. If it does this, I believe it'll send itself up.
The following is my thought on how it will play out using Fibonacci and previous resistances.
Enter 27-29, sell some around the targets.
I'm not a "Pro," so take my words with a grain of salt as you should do with all investing. Good luck!
DOGE - THE BEGINNING OF A NEW BIG CYCLE ? When there's blood in the streets, the phoenix known as doge is rising.
Doge has a broad adaptation and is almost on all crypto exchanges with the highest number of currency pairs. But what's more, it starts getting a pretty good batch of volume.
Definitely he's got my attention. Anyway, I will wait for a break out ATR (Average True Range) or even a trendline could be enough. We do not have to rush.
Doge Bitcoin price cycle ideaJust some thoughts and analyze of Doge and it's cycles. I'm a long term hodler of my Doge bag, but will sell on pumps and buy on dumps during those cycles.
Only going to analyze the charts and how it looks at first sight, not using the indicators or anything else the volume.
Not in anyway investment advice, just some of my thoughts and analyze of what I see. DYOR!
My first public analyze so be nice ;P Will update over thread over time since it's long term
Here it goes:
1W Chart above
- Double Bottom
- LH and HL's, will next be a HL or a LL?
1D Chart Ascending Triangle
1D with a 3 drive pattern inside a Ascending Triangle, not with perfect fib levels on the 3 drive pattern.
- each Price Cycles 238 days.
Target: Triangle breakout / breakdown sometime during mid 2020, same period as BTC Halving
'3D Chart
3D Symetric triangle with LH (on shadows) and HL pattern.
- 225 days price cycle from top - top
Target: Next price cycle needs to break market structure and print a HH or any breakout / breakdown won't happen until mid 2020
Price channel on 3D Chart, needs to stay over channel support or it's invalid
Spring Rally is Coming for DogeCoin - DOGE/BTCDogecoin is a lucrative seasonal trade when you buy it at the right time. By analyzing its weekly chart, I might have worked out the timing of its seasonal rallies. If my calculations are correct, the next rally cycle could happen in early May this year, depending on the market of course. Price could drop below the base trendline of the triangle so going all in at current price might be a mistake you can't afford. As there is still plenty of time, scale in your buys incrementally whenever price declines lower.