DOGE @ supportDogecoin sitting at long-term trendline support. Therefore I'm just "adopting pack of DOGE s from the shelter" right now and I expect having a lot of fun with them.🐕🐕🐕 But they need to break up out of this huge triangle at first, then they are free to run.
ENTRY : uptrendline support @ 0.225
SL : local low @ 0.194
TARGETS : market structure resistances @ 0.338, 0.450, 0.517
RRR1 : 3.6
RRR2 : 7.2
RRR3 : 9.3
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
DOGEBTC
DOGEUSDT | The best point to buy🎯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.
As you can see in the picture: it has completed waves 1, 2 and 3 and is now inside wave 4.
Wave 4 According to the structure formed so far, we considered a zigzag that wave a is complete and wave b is forming a triangle, from this triangle wave e is unfinished that the motion of this The wave can continue to the top side or to the middle of the triangle.
If there is no movement for wave e and the lower side of the triangle is broken, one should wait for the pullback and the descent movement before wave e and then the descent for wave c .
The structure of wave 4 of a not so normal triangle can also be considered, which is confirmed after breaking the side of the triangle.
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DogeCoin is about to make another leg upAn ascending broadening wedge pattern formed on the dogecoin chart. I expect it to make a big move up to $0.44 for the short term. On this level ($0.44), it depends on the market whether if another FOMO drives the price to $1 or rejects this level to the pattern projection.
DOGE - Daily Chart ✅There are two support areas and two resistance areas on the chart.
The Bollinger bands are getting squeezed here in a way that looks like we might have a bit of correction coming up.
We have Strong Sell Volumes on the market for DOGE.
If we fall lower than the $0.2150 price range, then we'd have another bearish scenario coming.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.2230
Let me know your ideas.
Good luck.
DOGE - keep an eye on the trend line 🚀Lately, we have been seeing a downward structure forming on the DOGE chart. At the same time, the volumes are increasing at each low, which is a good signal. Also, a trend line has formed on the chart, in case of a breakdown, there could be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
DOGE #DOGE DOGECOIN 4H CHARTNice breakout out of the triangle with a retest in the yellow lines (bullish). The orange line shows a rising wedge pattern (bearish). I believe the RSI still has a bit to go before a rising wedge pattern drop happens. Fib levels are shown.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. This is made for fun and learning. #cryptopickk #bitcoin #altcoins
DOGE still retesting the downward trend-lineHere's a quick Look at DOGE daily chart . As we can see, the price has been forming a bigger double bottom formation! A break above 0.35$ will confirm the double bottom and from there we could see a big rally to 1$! Keep an eye on this setup!
The best entry would be, when the price breaks above the 0.32$ with good amount of volume .
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The idea is: Buy the breakout from 0.32$ and take profits at the levels shown in the chart.
Targets:
1. 0.35$
2. 0.435$
3. 0.51$
4. 0.59$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
DOGE - Daily Chart ✅Doge coin fell on support,
This support level can hold the price up. For now, two resistance areas are pushing down on the price if the price moves up.
There are Sell Volumes on the market for Doge right now, so watch out because we might fall on the next support level.
Use this chart as your trade setup for now; I'll keep it updated.
Current Market Price: $0.2257
Let me know your ideas.
Good luck.
DOGE vs BTCHey Whats up!
Here are a couple scenarios that could play out on the large time frame for DOGE, normalized tot he value of bitcoin, which avoids the inflation fo the USD skewing the perspective.
It appears that this chart likes to make these wedding cake formations... in which case, we are at the top shoulder and headed down a bit as shown in the yellow trace.
Pink shows what it would look like if we hold this level above the pink descending support. This is our step up formation to climb levels.
Good Luck!