DOGE - DowntrendThis one is not a trade setup. It's just an overlook of how this coin is doing.
As you can see it's back to a downtrend regression after its last pump and had only 2 noises up and down the channel.
There are two possible key areas, one for the resistance and one for support. Price might show reactions to those areas in the next few days.
Right now as you can see the price got triggered on the $0.3 support and bounced back up again, but this downtrend might break it this time.
Current Market Price: $0.30334
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DOGEBTC
DOGE/BTCKeep it simple.
This is one of my most favourite crypto currencies to trade. This is the Vix of the crypto market.
Stack up on the green box with as much doge as you can afford. This is anywhere under 25 sats ideally. Then sell at the red box - 97 sats.
Rinse and repeat this.
If doge keeps going down below the buy line, KEEP BUYING.
It's likely doge will do a fast wick to the downside to liquidate longs, with a swift pump up the the highs. This is a common theme in doge. This is why I buy the coin and do not buy long contracts.
Nice 300% profit!
DOGE/BTC potential bounce soonI am generally not one who likes to talk much about DOGE as it already gets far too much attention, but the current trend looks a bit interesting in my opinion.
From what I am seeing, there appears to have been a breakout of a forming wedge (orange dotted lines) at the end of May after an initial bounce off of the 61.8% Fibonacci retracement level (based on the the all-time high to the initial low back in April). The ratio now looks like it has been riding the trend line from the breakout downward but has yet to break below it, but now it looks to be approaching the 50% Fibonacci retracement level. Hence it looks like there is a possibility for a bounce to occur here, further validated by a bit of bullish reversal divergence as fairly clearly evident on MACD, but it is also on quite a few other oscillators as well, however I didn't want to clutter the chart.
It should be interesting to see what happens here in the next day or so as it looks like there are not many options left for the ratio to go as it is now approaching the apex of a descending wedge based on the downward trend since the most recent breakout (thin green line), so it looks like it should be interesting to see which way the ratio will head, whether it breaks support and heads downward or potentially heads upward to form a potentially long term wedge (white lines) potentially forming a longer-term bullish pennant.
And of course, this is not meant as financial advice and is only my opinion, but please like or comment if you agree or have any thoughts.
BTCSo, Some stop hunts, liquidity snatches, Elon tweet and China Fuds later BTC is still in uptrend. Target for next pushes probably 85k, 100k, 135k, then 180. After that i will be out of the market and just trading instead of investing. Ill then buy back my new coins in bear szn. My old holds like link eth btc xrp and other i will continue to sell high and buy more increasing my amount.
DOGE Long Trade 20210613Signals: Blue -> Green
Double Bottoms
ETH, ETHUSD , ETHUSDT , ETHUSDTP, ETHEREUM , CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Is #XRP About To Pull A #DOGE? Comparative Analysis: DOGEUSD has had an unthinkable bull run in 2021. With Memes, Elon's Tweets & No Utility. Doge 100xed and much more.
Now If you consider the fact that #DOGE has Integrated with Flare this may explain the rally, but still at this moment #DOGE offers nothing for its holders & community other than gains.
Now imagine what #XRP could do.... The world's most eco friendly crypto with the cheapest and fastest transactions.
These simple facts lead me to believe #XRP will have a tremendous Future, and I would assume catchup & outperform #DOGE in the mid/long term!
DYOR,NFA, Comment Below With Any Questions About This Idea, Follow For More!
Sell Dogecoin to get Bitcoin!!!Ok, right now, if you look, Dogecoin it's look bearsih in this par DOGE/BTC ratio. So, that mean if you see, Bitcoin it's strenghten and if you invest in Dogecoin, you can to sell your Dogecoin to conserve your Bitcoin power, and then, you can to buy Dogecoin when down to 500 satoshi. This it's your way if you want to accumulate more Dogecoins.
s3.tradingview.com
And this it's the 3 Daily timeframe and based in my opinion, I know when Bitcoin vs. Altcoins are up and altcoins suffer in front of Bitcoin for your investment in cryptocurrencies.
DOGE BRIEF TA - WYCKOFF ANALYTIC
TA Considerations Doge
Markup - Automatic Rally (AR)
Favorable reward/risk ratio existing.
Critical capitulation areas are tested and in tandem with BTC.
Trend leads -1%+ of BTC.
Testing .28c garners considerable accumulation(AR).
A comfortable area for shorts and broadening.
Price action is tightening for reversal.
Long - Expecting a secondary test(ST).
Conclusions/b]
Volume appearances by actors and small percentile of retail.
Stubborn/docile longs and shorts.
Shorts are in trouble.
Out of previous preliminary support(PS) of phase A.
BTC for the time period near death cross has had remarkable amounts of BULL volume.
DOGE - Consolidating (As you asked)Doge is consolidating in a large range.
It looks like a bullish market for now. That's why I'm putting a long setup for this coin.
Indicators show supports and now that BItcoin has pumped it might help this market too.
Open your long positions right after the first 4H confirmation above the resistance area.
and the aim for those two TP areas shown on chart.
Current Market Price: $0.332
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