Strong buying momentumDogecoin is currently positioned precisely on an ascending trend line. This trend line has historically acted as a support level, guiding the price upward. If Dogecoin manages to break above this line with strong buying momentum, there is a strong likelihood of a significant upward movement. Such a breakout would indicate a continuation of the bullish trend, potentially attracting more investors and leading to substantial gains.
Dogecoin
SHIBAINU - Starting a new Bullish Move ? (READ THE CAPTION)By examining the #ShibaInu chart on the weekly timeframe (logarithmic), we observe that after an attractive growth, this cryptocurrency has again undergone a correction. We should soon expect the end of this correction and the beginning of the next bullish wave. Keep an eye on these prices: 0.00001542, 0.00001385, and 0.00001248. The new wave will likely start its next move after correcting to 1542. (This analysis will be updated)
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Cardano Daily TA : Support Levels and Potential Mid-Term TargetsBy examining the #Cardano chart on the daily timeframe, we observe that the price is trading in the 40 cent range. If the price can maintain the support zone of $0.35 to $0.385, we can expect further growth to higher targets for this attractive cryptocurrency. The medium-term targets for Cardano will be $0.42, $0.45, $0.51, and $0.58, respectively. The expected return in the medium term is between 15% to 40%!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Bitcoin Weekly TA : Bitcoin Poised for Next Bullish Run (READ)By analyzing the Bitcoin chart on the weekly (logarithmic) timeframe, we observe that, as expected, the price corrected to $58,400 and encountered buying pressure. Currently, Bitcoin is trading around $63,000, having increased by 9%. If the price can stabilize and close above $63,300 this week, we can expect the start of the next bullish trend. Based on previous analyses, the mid-term targets for Bitcoin are $72,000, $77,000, $85,000, and $100,000.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
DOGE Dogecoin Bullish ReversalIf you haven`t bought DOGE before the breakout:
Nor sold the top:
Now upon closely examining the chart pattern of DOGE, it appears that the cryptocurrency is positioned for a bullish reversal within the confines of a falling wedge formation. This technical pattern, often seen as a precursor to a price breakout, suggests that Dogecoin could be on the verge of reversing its downward trend and entering a phase of upward momentum.
GTAI/USDT 4-Hour Chart Analysis : Bull or Bear ? (READ)By checking the GTAI/USDT chart in the 4-hour time frame, we can see that since last week, due to the heavy fall of Bitcoin to $58,000, the entire crypto market began to fall, and GT Protocol was no exception to this. The range of 78 cents is being traded and we will probably see the growth of this crypto again by collecting liquidity below 75 cents! Possible targets will be 0.8150, 0.85 and 0.91 respectively!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
#DOGE/USDT#DOGE
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have a bounce from a major support area in the color EUR at 0.1122
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.1188
The first target is 0.1388
The second goal is 0.1511
The third goal is 0.1648
EUR/USD : Big Fall Ahead ? (READ THE CAPTION)By analyzing the EUR/USD chart on the 4-hour timeframe, we see that the price has started to rise exactly as we expected. It fully filled the first FVG and even about 50% of the second FVG. The overall return of this analysis has been over 85 pips. Currently, the Euro is trading around 1.072 and might start a further correction from this level. The 1.07380 to 1.07620 range is an important supply zone and should be closely monitored.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
DOGE - Short Trade | Support is fallen #DOGE/USDT #Analysis
Description
---------------------------------------------------------------
+ DOGE, everyone's favorite meme token, has broken its support and is heading into a free fall.
+ There is no significant support until $0.09, which presents a good trading opportunity.
+ I'm entering a short trade at the current price.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.11665
Stop Loss: 0.13552
------------------------------
Target 1: 0.10860
Target 2: 0.10222
Target 3: 0.09132
Target 4: 0.08169
------------------------------
Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
TSLA : Big Resistance Ahead ? (READ THE CAPTION)By analyzing the #Tesla stock chart, we can see that the price has once again reached the supply zone at $185 and has been unsuccessful in breaking through the resistance. For this reason, our previous analysis remains valid. We need to see when this decline will finally start! The supply zone is between $191 and $206, and the bearish targets for this stock are $168, $153, and $139 respectively.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Bitcoin Weekly Analysis: Key Levels and Scenarios (READ CAPTION)By analyzing the Bitcoin chart on the weekly (logarithmic) timeframe, we see that recently Bitcoin corrected to $64,000. After that, BTC experienced renewed demand and is currently trading around $66,000. There are two potential scenarios for Bitcoin in my opinion:
• The price could start rising from this level, with the next targets being $72,000, $77,000, $85,000, and $100,000.
• The price could correct further to the $52,800 to $56,700 range before rallying again to above $70,000.
Which scenario do you think will happen first?
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Doge → wait for a dropHello guys...
doge is forming a head and shoulders and I believe it will break the neckline!
it touched so many times this current line and made it so weak!
the trendline that I drew like a dashed line is a satisfied line to get a short position!
the target of the short position is: 0.0783
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Dogecoin - Last buy before +250% pump!CRYPTO:DOGEUSD broke out of another triangle formation and is preparing a major move.
Cycle after cycle after cycle. Dogecoin is definitely one of these assets where you have to look at the higher timeframes; otherwise there is a high risk that you get caught up in short term moves. The trend is clearly bullish and five months ago Dogecoin broke out of a symmetrical triangle formation. We also have a valid break and retest, all indicating a bullish reversal.
Levels to watch: $0.125, $0.359
Keep your long term vision,
Philip - BasicTrading
DOGEUSDT.1DIn this technical analysis of the DOGE/USDT daily chart, I examine the current price action, relevant support and resistance levels, and key indicators to forecast potential market directions.
Key Observations:
Current Price and Movement:
DOGE/USDT is currently trading at $0.12389, showing an increase of 1.16% today. This suggests a slight bullish sentiment in the short term.
Support and Resistance Levels:
R1 (Resistance Level 1): $0.16889 - This is the next significant resistance level that could cap upward movements in the near term.
S1 (Support Level 1): $0.12005 - This support level appears to be holding for now, providing a foundation for the current price recovery.
S2 (Support Level 2): $0.09692 - A further drop could see prices test this lower support, indicative of a stronger bearish trend.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, typically a bearish indicator. However, the histogram shows diminishing negative momentum, hinting at potential weakening of the bearish trend.
RSI (Relative Strength Index): At 36.99, the RSI is close to the oversold territory, which may attract buying interest, suggesting a possible reversal or stabilization.
Analysis and Conclusion:
The current market position of DOGE/USDT shows a potential turnaround from recent lows, supported by the slight increase in price and the stabilization around S1 at $0.12005. The near-oversold RSI condition and the diminishing negative momentum in the MACD could signal a weakening of the bearish pressure, providing room for a potential upward movement toward R1 at $0.16889.
However, traders should remain cautious as the overall MACD position still indicates bearish sentiment. A failure to sustain above S1 could lead to a retest of the lower support at S2, which would confirm a continuation of the bearish trend.
In summary, while there are signs of potential recovery in the DOGE market, it is crucial to watch for sustained movements above S1 and for changes in the MACD and RSI indicators for stronger bullish confirmations. Traders should be prepared to adjust their strategies based on these technical signals and remain vigilant to broader market sentiment that may affect cryptocurrency prices. Always consider using stop-losses and risk management practices to safeguard investments in this volatile market.
DOGE — RSI Signal 1D Chart — 28% Potential + High Reliability!Amongst many other tokens, DOGE flashed a promising bullish RSI signal on the daily chart.
The trade potential has been calculated at 28% based on significant resistance levels.
Looking at the backtest data, the RSI signal for DOGE proves to be quite reliable on the 1D chart. 92% of historical signals lead to gains of 5%. Moreover, gains of >10% were possible in 88% of historical signals.
Trend indicators are mainly bearish (similar to most other altcoins at the moment). However, many momentum indicators, such as the RSI, WillR, Stochastic RSI, and others, provide oversold signs.