DOGE - Outlook ✅Let's see how DOGE is behaving.
This is a 1D chart. (Mid Term)
DOGE just passed support and turned it into resistance.
There is one support area on the way down, holding the price up.
Three resistance areas are pushing down on price.
Support levels: 0.1120
Resistance Area: 0.1561
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing SELL volumes for DOGE.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that DOGE is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $0.1315
Let me know your ideas.
Good luck.
DOGEBTC
DOGE try to breakout DOGE /USDT
IN HIGH TF
DOGE another try to breakout from falling wedge after full year in downtrend inside it (due to news of elon musk buying twitter )
Here you can see price is just testing 200D moving average (a close above it can be bulls sign) :
If price broke and sustained above the resistance expecting massive bullish wave
Invalidation: lose of 0.11$ weekly
NOTE : the market still in range up and down so please don’t forget risk managements in any trade you open
What do you think about doge ? Tell me in comments section below
Moving on...Let's see how DOGE is behaving.
This is a 1H chart. (Short Term)
Elon Musk has bought Twitter for $44 Billion, and as soon as the news came out, Dogecoin pumped to the first resistance level.
After touching the resistance level, it got rejected back to the support level, and the support level couldn't hold the price, so as you can see on the chart right now, it's below our support level.
More news about Twitter can affect the market, so be careful with your positions.
Support levels: $0.1491
Resistance Area: $0.1669
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing BUY volumes for DOGE.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that DOGE is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $0.1483
Let me know your ideas.
Good luck.
Couple of trade option DOGEHeres a couple of ideas for a trade on DOGE
1. Potential formation of a bullish pennant from the recent rally. Been recently trying to understand and work on my risk:reward ratio when it comes to trade, by sitting at the bottom of the pennant (potential support) I can minimize my risk. You might like to wait for confirmation of this support before entry, like a green hammer formation. note: 15minute chart, so things could move quickly.
2. Retest the macro reistance as support, would have a heavier weighted amount here compared to above. Again, might want to see what candles are formed here first before entry. But could be a good entry for a tare down from bitcoins recent rally.
DOGE/BTC - Doge Breakout on its way ?Is there a breakout on its way for DOGE?
We received a daily buy signal for the DOGE-BTC pair in the beginning of March.
We bottomed out and seems to make the reversal.
My targets:
.00000503 (.236 fib)
.00000638 (.382 fib)
.00000747 (.5 fib)
If we break through the descending triangle we will probably not go in a straight line towards the .236 fib but fist bounce back on the top of the descending triangle to find some support.
Don't forget to get profit or set alerts when we hit our targets.
You can always buy it back on a retrace. It will not go in one straight line to the next targets.
Also keep a close eye on BTC . If BTC starts to pump it is better to move some of your profits into BTC .
Your end goal should always be to increase your BTC amount.
Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.
Doge DOGEUSDT - Mega bull flag on the weekly! Breakout soon.- If you change your chart to a LOG scale, you can clearly see a huge bullish flag on the weekly chart!
- It can also be a falling wedge, which is ofcourse generally a bullish pattern too.
- Next target is all time high, here we can expect some pullbacks again.
- Buy a breakout above local weekly high (0.18 USDT).
- As you can see - volume looks good, no bearish pressure at this moment.
Dogecoin (DOGE) - April 18hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(DOGEUSDT 1W chart)
If it fails to move above 0.1604, I would expect it to move towards the 0.0875 area.
Below 0.1604, it is highly likely to enter the mid- to long-term investment area.
(1D chart)
The 0.1604-0.2134 interval is the interval that determines the trend.
Therefore, it is important to see support by moving above 0.1604.
(buy)
- After confirming that it is supported above 0.1604
(Stop Loss)
- When it falls below 0.1276 and receives resistance
- If you find support near 0.1448, you can buy more with a short-term stop loss.
(Sell)
- When resistance is received in the range 0.2033-0.2134
- When resistance is received in the range 0.2539-0.2645
A rise above 0.2645 is expected to lead to a surge.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Doge-Run Like dogSituation on market is boring and tired.
Trend push little bit Elon true hus Twitter.
Anyway BTC is expensive so is space for MEME only this is way how from low budget trader with some luck will bé while.
$DOGE is fammiliar coin with some history not booble one day here next day over game.
Dogecoin After A Year Long Correction...It looks like Dogecoin can grow vs Bitcoin... It has gone through a very long and painful year long correction.
The peak/ATH happened May 2021.
There is plenty of room available for growth but if the March 2022 low is taken out there can be more correction before a new bullish wave shows up.
I think the bullish wave can happen...
In time we will know for sure.
Namaste.
Hibernating DOGE starting to stir?DOGE doesn't quite seem ready yet, but it looks close to turning the corner. It has recently entered a macro accumulation zone--something we haven't seen for DOGE since early 2021. For those who want some exposure, now might be a good time to DCA in. The 200 EMA could be too strong to break here and I'm expecting a bit of a pullback. I'm waiting until I see an obvious buy signal in this accumulation zone--specifically, Bullish divergence on the 4-hr chart.
Good Luck
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
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Dogecoin possible +40% outcome. Have to wait and see!Here are a few Dogecoin possible ideas. We did complete a cup and handle formation noted in yellow. This can be used to see our next resistance and support indicators.
This is not financial advice, just a few ideas I have. These will be modified as time goes on. Due your own research... Best of Luck!
Please let me know your ideas and thoughts! I would love the feedback.
DOGEUSDT 6H TA : TrendLine SupportAccording to Elon Musk, DodgeCoin use of Twitter increased by ten percent. Now in the 6-hour time frame, we see an upward trend in the chart. And in case of support on the trend line, we have the possibility of climbing again to the specified areas. If the trend line is broken, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Oasis in the DesertDOGE/BTC 1.3.1- A visual yet practical way to understand and learn the market.
- I like to look at it like growing a plant or tree. so I am not so anxious to cut down trees or drill for resources.
- Watch for flash floods!!!! Must plant trees in flood path to slow flood down.
- Use flood as a chance to capture vital water resources to survive the desert landscape.
- When landscape is bare desert with no trees with waterfall plant a tree
- After rain (Light Blue Bars at the bottom of chart) watch for flood warning in the status bar (Black volume bares at the bottom of the chart).
- Landslides can happen when vegetation is inadequate or cut for resources.
- Cutting down or over grazing of vegetation can cause erosion of land.
- Floods move easiest over land with little or no vegetation to diverge the flow.
- Cast seed of grasses and weeds while grazing to prevent land erosion.
THIS IS NOT FINANCIAL ADVICE JUST AN IDEA
Oasis in the DesertDOGE/BTC 1.3- A visual yet practical way to understand and learn the market.
- I like to look at it like growing a plant or tree. so I am not so anxious to cut down trees or drill for resources.
- Watch for flash floods!!!! Must plant trees in flood path to slow flood down.
- Use flood as a chance to capture vital water resources to survive the desert landscape.
- When landscape is bare desert with no trees with waterfall plant a tree
- After rain (Light Blue Bars at the bottom of chart) watch for flood warning in the status bar (Black volume bares at the bottom of the chart).
- Landslides can happen when vegetation is inadequate or cut for resources.
- Cutting down or over grazing of vegetation can cause erosion of land.
- Floods move easiest over land with little or no vegetation to diverge the flow.
THIS IS NOT FINANCIAL ADVICE JUST AN IDEA