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DOGEBTC

DOGE: a legendary re-test.I was always checking this trendline in "logarithmic scale" and i was sure it would have hold. It didn't. So i had the idea of checking it in "linear scale" and look at this! The price touched it and reacted aggressively. Also notice how the price is compressing to the very end of the falling wedge. It's normal to have this type of "low" volume. We will then experience a strong and aggressive push when the formation is coming to an end. Most of the time, this type of pattern, is going to breakout to the upside but in the case of dogecoin we could never know. It's difficoult to believe at TA made for a token like Doge. Anyway i was fascinated by the size of the falling wedge and the beauty of the structure. A very perfect one, even in its re-tests.
BITTREX:DOGEUSD
by UnknownUnicorn19016152
DOGE - Consolidating (Updated) ✅Let's see how DOGE is behaving. This is a 1H chart. (Valid for 24 hours) The Fib retracement shows that the price has moved up, and now it's rejected by resistance. Two support levels are holding the price up. It's not confirmed yet, but we might be forming a bullish flag here. Support levels: $0.1260 - $0.1320 Resistance Area: $0.1355 - $0.1390 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: $0.1329 Let me know your ideas. Good luck.
by ShawnMCR
3
DOGE, global and local technical analysisLet's analyze the DOGE chart on the lower and higher timeframes. Globally, the DOGE is in a large trading range. In doing so, let's highlight one of the most important levels at the moment - the middle of the trading range. Locally, a trend line can be identified. The price is starting to squeeze and there could be a breakout soon. In the case of a breakout, there could be a good buying opportunity. Write in the comments all your questions and instruments 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.
BINANCE:DOGEUSD.PLong
by Yuriy_Bishko
7
DOGEUSDT | The best places to buy and sell🔥Hello traders, Dogecoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. According to the count, the main waves 1, 2 and 3 are formed and now we are inside wave 4. Wave 4 is unexpectedly zigzagged and this zigzag has completed its a and b waves and is now inside the c wave. According to the rules, wave c is formed in the form of five waves, and of these five waves, waves 1, 2, 3, and 4 are complete, and we are currently inside wave 5 of wave c. Wave 5 has done its minimum motion but its normal motion has not formed which I think for normal pattern wave 5 will probably have more downward and will move in proportion to wave c to wave a to Fibonacci 1.00 (if the range 0.1325 is completely broken) . If the canal is broken upwards, we consider this zigzag to be over. We will compare this correction with our internal waves and do not currently consider the ratio of wave 4 to wave 3. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
by mahdisoltaninjad
1
DOGE🐶 breakoutDogecoin broke up this huge falling wedge (yellow) and is forming sort of triangle📐(red). Currently sitting @ support 0.166-0.160 and I think there is chance for run to the higher resistances (0.34, 0.45 & 0.517) especially if price breaks the (red) triangle upper edge and horizontal resistance 0.2174. DOGE just run!🦴 Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Long
by bizmark
7