ETHEREUM - Higher Timeframe Overview ✅Ethereum appears to be in a large correction. We are currently in the midsection of the correction, where we have a channel containing a WXY corrective price action.
We are looking for one more move higher to complete wave X.
See our next post for the lower timeframe analysis.
Goodluck and as always, trade safe!
Dogecoin
DOGE → Are We Heading to $0.30!? Or $0.10? Let's Answer.Doge had an 80% Weekly bull candle at the end of February followed by continued bull pressure into March. Where will Doge find resistance?
How do we trade this? 🤔
The current market has a strong bullish sentiment. The 80% bull candle was followed by a tight trading range with more strong bull candles. We have yet to see a signal for pullbacks or reversals. We are on the second push up in the trend, leaving us the potential for one more.
The RSI is currently at 78.00, which ought to give us some pause about the continuation of the bull action before a pullback. That is why I advocate waiting to enter a long until the price comes back down toward the Weekly 30EMA.
It is reasonable to long scalp on a lower timeframe like the 4HR or even the Daily, but with a small position size and tight stop loss. Waiting for the pullback to the 30EMA is ideal for a long.
💡 Trade Idea 💡
Long Entry: $0.14
🟥 Stop Loss: $0.09
✅ Take Profit: $0.29
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Two pushes up in a bull trend with a gap to close at $0.29.
2. 80% bull candle at the end of February signals strong bull strength.
3. Tight trading range after the February bull candle, likely a measured move up.
4. Long scalp on lower timeframe or wait for pullback to Weekly 30EMA to long.
5. RSI at 78.00 and above the Moving Average supports pullback before the next move up.
💰 Trading Tip 💰
The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
Is Dogecoin on the verge of a breakout? Demand Range: A Launch Pad for Leap?
In the daily chart of Dogecoin, we see the formation of a demand range at the price levels of 0.14700 to 0.15700. This area indicates strong demand to buy Dogecoin at this price range.
As can be seen in the chart, Dogecoin price is currently forming higher bottoms. This behavior contrasts with lower bottoms in downtrends and can indicate the market's tendency to reverse.
Price behavior model: hope for the future
In addition to the demand range, Dogecoin's price behavior is also showing positive signals.
Currently, the price of Dogecoin is in a stabilization phase and is gathering energy for a possible move. This behavior is observed in many price charts before large uptrends.
considerations:
Note: This analysis is not a definitive signal to buy or sell Dogecoin, and is based solely on technical indicators and historical price behavior.
Risk Management: Before making any investment, be sure to do your research and only invest as much money as you can afford to lose.
Entry points: If you want to enter the trade, the 0.15700 and 0.14700 ranges can be good entry points.
Goals: Setting profit goals depends on your trading strategy. You can take profit at any price that suits you.
DOGE Coin buySo Doge Coin has had a lot of hype around it, mainly because of Elon Musk, and now it is slowly becoming a respected coin. I love trading it and I'm sure there are lots of people that do.
Anyway here is DogeCoin buy TPs are Marked when TP1 breaks the secure your trade.
Hope lots of people earn lots of money today. Yesterday we gave out signals and earned 700 pips on gold, and big profits on silver.
DogeCoin DogeUSD Buy📈
Entry: 0.2062221
SL:🛑 0.1884981
TP1: 0.2283771
TP2: 0.2418716
TP3: 0.2593942
TP4: 0.2827577
Doge next 0.40$hello guys, i been busy hunting.
For this useless coin i see a Elliot pattern, so next move is leg 3, will go to 0.40$
RSI is above 50.
remember i posted when i bought at 0.08$
i know you believe in me, but some people no, haters...
well guys, if you are ready take your time to see a movie and enjoy with your family friends..
💎 BTC/USDT - Going for $100K ? (READ THE CAPTION)By checking the Bitcoin chart in the weekly time frame, we can see that the price after the correction up to $64,000 went up again and increased up to $72,800! Now the price is trading in the range of $70,000 and in 7 days we will witness bitcoin halving which can cause heavy fluctuations of this cryptocurrency! We are impatiently waiting for this event! After halving, we may see Bitcoin grow up to $100K! But be careful, before the start of this growth, we may see a drop and dumps in the price to Stop Hunt for collecting liquidity from the whales!
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
💎 MPC/USDT - +50% Rise and now it's Correcting ! What's next ? One of the most recently attractive analyzes belonged to MPC/USDT, in the latest analysis of the mentioned demand range it began to grow and grew with more than 50% pump in less than a week from 30 cents to 45 cents. ! Hope you made the most of this analysis! Next Targets are $ 0.45, $ 0.519 and $ 0.69, 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 Premium SigmalHey, folks, three days ago I gave you an entry idea. But today, I saw that the moderator blocked my signal for violating advertising rules. But you know what? I'm sharing this trading pair with you again. Our entry into the position is golden! We're already in profit, so we're moving our stop loss to break even. I know one of the market maker groups that pumped Doge from 0.7 to 0.21 has already exited their position, and another group has fully bought back in and is ready to hold Doge until the next targets! Have a great day, and please show more support for my analysis! 🚀🐕
DOGE >> Its Doge Season // Now you are here ! DOGE >> Its Doge Season // Now you are here !
3 different cycle, 3 bull season !!
level1 > top (blue)
level2 > bear (yellow)
level3 > bear + acumulation
Chech the grey boxes... and get ready for doge season =)
#doge CRYPTOCAP:DOGE
DOGECOIN/ Total Marketcap chart
DOGE vs LTC vs BTC vs XRP
2014-2023 (9 year history) period
btc and xrp started to pump. and doge and ltc will follow them.
🔥 #NASDAQ - First LONG , Then SHORT (READ THE CAPTION)By checking the Nasdaq index chart in the 4-hour time frame, we can see that the price started to move exactly as we expected and it grew with more than 330 pips of yield to the range of the previous supply zone! After entering the supply range of 18360 again, the price faced a heavy drop and corrected to the demand range of 17800 to 17970! Now the price is trading in the range of 18130 and is trying to fill the previous FVG! Probably we will see a growth first and then fall again!
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 COIN gain 0.29 is coming 🚀Hello 🐋
Considering the chart
and high volume of these days for doge, and many breakout of the resistance area to the upside 👌💪
I anticipate
upside gains, with a primary target of at least 0.29000 📈🤞
📖💡 Feel free to express your perspective by commenting below. Thanks! 🐋
Now Doge TimeI say we killed the memes, now it's time to resurrect the dead. I was planning to buy Doge at the trend retest around 0.167, but I forgot. Now, if it goes above 0.187, I want to try long up to 0.25. It looks nice in terms of structure and I compared it to an Elliot structure, maybe it has nothing to do with it, maybe it is like that, it will work.
Note: The only thing I know about Elliot is that I can count numbers.
Dogecoin Surges 7.5% on Saturday, Up by 4.19% Monday Morning On April 6, the cryptocurrency Dogecoin ( CRYPTOCAP:DOGE ) demonstrated a noteworthy surge, outperforming the broader cryptocurrency market with a 7.5% increase in its price to $0.186, up by 4.15% Monday morning now trading at $0.207 as at the time of writing compared to the market's overall gain of 1.71%. This price rally highlights a bullish trend among top meme coins, reflecting a growing appetite for risk among traders.
Memecoins, known for their speculative nature due to their minimal underlying value, are considered high-risk investments within the cryptocurrency sector. This sets them in stark contrast to traditional safe-haven assets.
Against this backdrop, the U.S. dollar is facing a decline in value against a basket of leading foreign currencies. The U.S. Dollar Index (DXY) highlights a negative correlation between Dogecoin ( CRYPTOCAP:DOGE ) and the dollar, indicating that the weakening dollar is temporarily enhancing the attractiveness of riskier investments like meme coins on April 6.
Whale Alert noted significant trading activity, reporting an anonymous wallet acquiring 199.27 million CRYPTOCAP:DOGE in two transactions from Robinhood, totaling approximately $35.45 million. This substantial investment garnered significant attention, contributing to Dogecoin's price increase.
Despite this, a decrease in Dogecoin whales - those holding large amounts of the coin - suggests a possible overvaluation of these transactions' market impact. Simultaneously, Dogecoin's market dynamics reveal a decline in open interest (OI) and funding rates for its perpetual contracts.
From a peak of $2.21 billion on March 29, the OI dropped to $1.38 billion by April 6, indicating a potential reduction in trader engagement for various reasons, such as profit-taking or exposure reduction. The funding rate also saw a decrease to 0.0172% from a recent high of 0.106% on April 1, hinting at a lower inclination among traders to maintain long positions.
This scenario, where reduced selling pressure accompanies a price increase due to traders closing their short positions, is evident in Dogecoin's market.
Technically, Dogecoin ( CRYPTOCAP:DOGE ) is in an Ascending Triangle pattern with the daily price chart candle sticks indicating the "Three white soldiers" pattern indicating DOGE coin's Bullish streak. Further ascertaining DOGE's bullish momentum, is the Relative Strength Index (RSI) which sits at 60.
#DOGE/USDT#DOGE
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area, from which the price rebounded at $3
We have a downtrend on the RSI indicator about to occur. The fraction is up
We have a higher stability moving average of 100
Entry price. 3.20
The first goal is 3.40
The second goal is 3.6
the third goal is 3.84
DOGE Eyes Key LevelDogecoin is currently priced at $0.1757, showing a downward movement on the 4-hour chart. The price is close to what might be a strong support level, a price where Dogecoin has previously found a steady footing. If the price can hold at this level, it might be a good sign for Dogecoin, potentially leading to a rebound. However, if the price falls below this point, it could indicate that Dogecoin might see further drops.
The technical indicators are suggesting that the price is leaning toward the lower side for now. The MACD, an indicator that helps show the momentum and trend of the price, is below the signal line, which generally means the price is currently on a downward trend. The Stochastic Oscillator is very low, which typically suggests that the price might start to go up again, as it may be considered undervalued at this point. Lastly, the RSI, another momentum indicator, is also quite low, supporting the possibility of an upcoming increase in price if buyers step in.
In simple terms, Dogecoin is at a point where it might start to pick up again if it keeps above the current support level. Traders might be watching to see if it can stay above this level or if it will drop further. The coming days will be crucial to determine which way it will go.
Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
DOGE NEW INCREASE VOLUMEThank you for reading this update.
Depending on our study we see that DOGE has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
DOGEUSD Dogecoin pulling back to add LONGDogecoin on the 60 minute chart has been in a good trend up for more than 36 hours. Moving
averages have been diverging but price is now falling in a pullback to the SMA21 and EMA21
while the EMA 50 continues to trend higher. The relative strength look back is solid green.
I see this as an excellent point to add to Dogecoin with the risk being the market cap leader
Bitcoin loses momentum and takes Dogecoin and others sideways or down.
Oldie but DOGE. Strong rebound while BTC stays weak. Bullish.Hi,
Doge is strong while Bitcoin is still showing weakness.
A breakout above the local top of $0.194ish is expected to take Doge to $0.32 as shown in the chart.
As you've seen in recent posts, you have to overcome FOMO & FEAR to make 2x, 10x, 100x returns.
Remember that DOGE's last cycle's 250x gain was accompanied by multiple 50+% pullbacks, so I recommend not using leverage too much.
Avoid fear, and trust the journey.
1PERCENT
Dogecoin Soars As Whale Moves 200 Million DOGE From Robinhood Dogecoin ( CRYPTOCAP:DOGE ), the meme coin, has experienced a surge in investor interest and price increases amidst a period of downturns in the broader crypto sphere. This resurgence has been attributed to a massive movement of 200 million Dogecoins ( CRYPTOCAP:DOGE ) from Robinhood to an unknown wallet, which has sparked CRYPTOCAP:DOGE 's recent upward price movement. As a result, Dogecoin's value crossed the $0.18 mark on Saturday, fueling speculation about its potential to reach the $1 milestone. At present, CRYPTOCAP:DOGE is trading at $0.1865, up by almost 7% in the last 24 hours.
Whale Alert reported that the CRYPTOCAP:DOGE movement was carried out in two transactions totaling approximately $35.45 million. The wallet gathered 199.27 million CRYPTOCAP:DOGE through two transactions within the last 24 hours, with the initial transaction involving the acquisition of 100 million CRYPTOCAP:DOGE , valued at $17.77 million, sourced from Robinhood.
The transactions have notably contributed to a bullish sentiment among investors and analysts in the crypto community, who are excited about Dogecoin's resilience and its implications for future market movements. With the upcoming Bitcoin halving event, many in the crypto space are closely watching meme coins like Dogecoin, anticipating possible price rallies similar to Bitcoin's post-halving performances.
Last week, Dogecoin ( CRYPTOCAP:DOGE ) saw a remarkable $800 million increase in open interest within three days. The price of CRYPTOCAP:DOGE surged by 35%, hitting a weekly high of $0.17. This news came as Elon Musk's X Payments LLC, a social media offshoot of his X motif (X.com, SpaceX, xAI), expanded its operational footprint by securing money transmitter licenses in three additional states: New Mexico, Oregon and Illinois, further fueling investor excitement.
Dogecoin on weekly and hourly charts💥Hello, guys! ☺️Today let's take a look at two timeframes of Dogecoin: the weekly and hourly. We'll try to determine the price movement in the short-term, medium-term, and long-term perspectives!💪
🐕Dogecoin is a coin that evokes mixed emotions: some adore it, some hate it. Some have become very wealthy because of it (like Elon Musk, for example, haha😄), while others have lost a significant amount of their wealth (Hi, Elon🤨).
The most important thing is not to succumb to the hype and not to buy the coin, when it is clearly overbought .
Let's take a look at the weekly Dogecoin chart. What can we see there?
✔️Adding the RSI indicator to the chart, we can clearly see, that the coin is overbought , which is not the best signal for buying. It needs some rest. 😌
🟣 My advice : place several buy orders in the range of 0.097 - 0.139 and don't rush. Just observe. That's for the long term perspective !
Now, let's look at the hourly chart and see what awaits us in the short-term and medium-term perspectives for Dogecoin.
What do we see here? 🧐A channel has formed (since the end of February). And the price is confidently moving within this channel. It can be assumed, that in the near future, we may see the Doge price at the support of this channel at approximately the 0.16 mark.
Friends, how do you feel about Doge? Love it or hate it? Let's discuss in the comments!
Thanks for Your attention🫶
Always sincerely yours, Kateryna💙💛